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What Drives Taxi Drivers? A Field Experiment on Fraud in a Market for Credence Goods

Balafoutas, Loukas; Beck, Adrian; Kerschbamer, Rudolf; … - Institute for the Study of Labor (IZA) - 2011

behavior by sellers. This paper presents the results of a natural field experiment on taxi rides in Athens, Greece, set up to … measure different types of fraud and to examine the influence of passengers' presumed information and income on the extent of … fraud. Results reveal that taxi drivers cheat passengers in systematic ways: Passengers with inferior information about …

Persistent link: https://www.econbiz.de/10009021638

The Good, the Bad and the Naive: Do Fair Prices Signal Good Types or Do They Induce Good Behaviour?

Dulleck, Uwe; Johnston, David W.; Kerschbamer, Rudolf; … - Institute for the Study of Labor (IZA) - 2012

Evidence on behavior of experts in credence goods markets raises an important causality issue: Do "fair prices" induce "good behavior", or do "good experts" post "fair prices"? To answer this question we propose and test a model with three seller types: "the good" choose fair prices and behave...

Persistent link: https://www.econbiz.de/10011279266

Testing a Forgotten Aspect of Akerlof's Gift Exchange Hypothesis: Relational Contracts with Individual and Uniform Wages

Kocher, Martin G.; Luhan, Wolfgang J.; Sutter, Matthias - Institute for the Study of Labor (IZA) - 2012

. In our laboratory experiment, we establish the existence of a significant efficiency premium of uniform wages. However …

Persistent link: https://www.econbiz.de/10011279270

Market Design and Moral Behavior

Kirchler, Michael; Huber, Jürgen; Stefan, Matthias; … - Institute for the Study of Labor (IZA) - 2015

In an experiment with 739 subjects we study whether and how different interventions might have an influence on the …

Persistent link: https://www.econbiz.de/10011265302

Public Choice by Referenda or Delegation. An Experimental Comparison of Direct and Indirect Democracy

Gueth, Werner; Kocher, Martin; Pantz, Katinka; Sutter, … - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004

Direct democracy with its use of referenda avoids the prototypical principal-agent problems of delegation in indirect democracies, especially since elected representatives are usually not committed by law to keep their promises. Sequential or more complex referenda may, however, result in an...

Persistent link: https://www.econbiz.de/10005252203

Role Selection and Team Performance

Cooper, David J.; Sutter, Matthias - Institute for the Study of Labor (IZA) - 2011

Team success relies on assigning team members to the right tasks. We use controlled experiments to study how roles are assigned within teams and how this affects team performance. Subjects play the takeover game in pairs consisting of a buyer and a seller. Understanding optimal play is very...

Persistent link: https://www.econbiz.de/10009225777

Strategic Sophistication of Adolescents: Evidence from Experimental Normal-Form Games

Czermak, Simon; Feri, Francesco; Rützler, Daniela; … - Institute for the Study of Labor (IZA) - 2010

We examine the strategic sophistication of adolescents, aged 10 to 17 years, in experimental normal-form games. Besides making choices, subjects have to state their first- and second-order beliefs. We find that choices are more often a best reply to beliefs if any player has a dominant strategy...

Persistent link: https://www.econbiz.de/10008466019

Efficiency Gains from Team-Based Coordination: Large-Scale Experimental Evidence

Feri, Francesco; Irlenbusch, Bernd; Sutter, Matthias - Institute for the Study of Labor (IZA) - 2008

coordinate with other teams. We present an experiment with 825 participants, using six different coordination games, where either …

Persistent link: https://www.econbiz.de/10005703430

The Economics of Credence Goods: On the Role of Liability, Verifiability, Reputation and Competition

Dulleck, Uwe; Kerschbamer, Rudolf; Sutter, Matthias - Institute for the Study of Labor (IZA) - 2009

inefficiencies, such as under- and overtreatment or market break-down. We study in a large experiment with 936 participants the …

Persistent link: https://www.econbiz.de/10005822832

The excess burden of tax evasion – An experimental detection-concealment contest

Bayer, Ralph-C; Sutter, Matthias - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2003

We present an experimental study on the wasted resources associated with tax evasion. This waste arises from taxpayers and tax authorities, investing costly effort in concealment, respectively detect ion, of tax evasion. We show that (socially inefficient) efforts depend positively on the...

Persistent link: https://www.econbiz.de/10005824115