Showing 1 - 10 of 22
Sacred values differ from material or instrumental values in that they incorporate moral beliefs that drive action in ways dissociated from prospects for success. Across the world, people believe that devotion to essential or core values – such as the welfare of their family and country, or...
Persistent link: https://www.econbiz.de/10008792893
This paper examines simultaneous versus sequential choice of effort in a twoplayer contest with a general contest success function. The timing of moves, determined in a pre‐play stage prior to the contest‐subgame, as well as the value of the prize is allowed to be endogenous. Contrary to...
Persistent link: https://www.econbiz.de/10008794425
In this study, we aim to investigate the impact of privatization on the degree of cooperation and competition in a mixed oligopoly market. We consider a duopoly market that comprises one semipublic firm and one private firm. Each firm is assumed to determine the level of two types of effort: the...
Persistent link: https://www.econbiz.de/10008794735
older workers. We investigate the comparative behavior of juniors and seniors in experiments conducted both onsite with the …
Persistent link: https://www.econbiz.de/10008792986
behavior of juniors (under 30) and seniors (over 50) in both experiments conducted onsite with the employees of two large firms … external validity of conventional laboratory experiments. In general we do not find strong differences in behavior between … workers and non-workers, indicating that laboratory experiments may not be such a bad approximation for the field environment. …
Persistent link: https://www.econbiz.de/10008793278
This paper reports results of an experiment designed to analyze the link between risky decisions made by couples and risky decisions made separately by each spouse. We estimate both the spouses and the couples' degrees of risk aversion, we assess how the risk preferences of the two spouses...
Persistent link: https://www.econbiz.de/10008794289
were asked to rank the importance of the different contests and to choose where to cast a single extra "bonus vote," had … vote performs well: when minority preferences are particularly intense, the minority wins at least one of the contests with …
Persistent link: https://www.econbiz.de/10008794444
parameterizations studied. The theoretical conclusions are tested through laboratory experiments. Subjects have difficulty identifying …
Persistent link: https://www.econbiz.de/10008794774
Using a two-stage Game of Chicken, Cabon-Dhersin and Ramani (2007) examine the impact of population heterogeneity on cooperative behaviour. For that purpose, they introduce two different types of agents, namely those who always cooperate and those who strategically cooperate. The aim of the...
Persistent link: https://www.econbiz.de/10008795073
We run a series of experiments to compare the well known arbitration scheme FOA (Final Offer Arbitration) with a new …
Persistent link: https://www.econbiz.de/10008924979