Showing 21 - 30 of 45
reducing the degree of transparency. We run a laboratory experiment to test whether theoretical predictions hold in a game … played by human beings. In line with theory, the experiment does not allow the formulation of a clear preference in favor of … discrimination as well as fairness issues. …
Persistent link: https://www.econbiz.de/10009391827
This paper combines ISSP survey data and experimental evidence from a gift-exchange game to determine the effect of status or relative income on work effort. We find a strong effect of others’ incomes on individual effort decisions in both datasets. The individual’s rank in the income...
Persistent link: https://www.econbiz.de/10005112715
experiment reproduces this model in the laboratory by means of various treatments in which we alter the variance of the …
Persistent link: https://www.econbiz.de/10005112717
experiment that analyzes the influence of other-regarding preferences on sorting and incentives. Experimental evidence shows that … reciprocity and inequality aversion reduce the attraction of performance related pay. Other-regarding preferences influence both …
Persistent link: https://www.econbiz.de/10005112731
-effort experiment in which individuals had to decide when to exit the situation : a continuous reinforcement schedule (all periods paid …
Persistent link: https://www.econbiz.de/10008506223
prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …
Persistent link: https://www.econbiz.de/10008471892
replicated several times, some doubts remain about its economic significance. Our two experiments show that the bias disappears …
Persistent link: https://www.econbiz.de/10008471893
lead, we report the results of a two-stage public good experiment with endogenous timing. Even though it turns out to be …
Persistent link: https://www.econbiz.de/10005056850
The ‘ratchet effect’ refers to a situation where a principal uses private information that is revealed by an agent’s early actions to the agent’s later disadvantage, in a context where binding multi-period contracts are not enforceable. In a simple, context-rich environment, we...
Persistent link: https://www.econbiz.de/10005056876
experiment based on a game in the first stage of which subjects can voluntarily contribute to the funding of a collective good …
Persistent link: https://www.econbiz.de/10005029820