Showing 1 - 10 of 106
To what extent is the observed mis-pricing in experimental asset markets caused by strategic uncertainty (SU) and by individual bounded rationality (IBR)? We address this question by comparing subjects initial price forecasts in two market environments - one with six human traders, and the other...
Persistent link: https://www.econbiz.de/10010933940
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/10010930217
We examine through an experimental design how rational and non-rational considerations affect the decision to vote or to abstain in First Past the Post and PR elections. We show that in both types of elections, but particularly so under PR, a majority of subjects do not make the "right"...
Persistent link: https://www.econbiz.de/10009295309
This paper presents the results of a laboratory experiment in which workers perform a real-effort task and supervisors …
Persistent link: https://www.econbiz.de/10009278326
In a series of experiments conducted in Belgium (Wallonia and Flanders), France and the Netherlands, we compare …
Persistent link: https://www.econbiz.de/10010750992
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/10010751040
both an equilibrium where all invest and an equilibrium where no one invests can occur. In a Lab experiment, a large number …
Persistent link: https://www.econbiz.de/10010898452
We report in this paper the result of three experiments on risk, ambiguity and time attitude. The first two differed by …
Persistent link: https://www.econbiz.de/10010738616
We report in this paper the result of three experiments on risk, ambiguity and time attitude. The first two differed by …
Persistent link: https://www.econbiz.de/10010603647
The purpose of this study is to assess the degree of employment discrimination against young people in the Ile-de-France region according to their place of residence by considering several spatial scales in order to measure the effect of the reputation of the administrative department or county...
Persistent link: https://www.econbiz.de/10010821278