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Reciprocity considerations are important to the tax compliance problem as they may explain the global dynamics of tax evasion, beyond individual tax evasion decisions, toward a downward or upward spiral. To provide evidence on reciprocity in tax compliance decisions, we have conducted a...
Persistent link: https://www.econbiz.de/10010820812
How do intrinsic motivations such as fairness and reciprocity influence the efficiency of a principal - multi … the results of an experiment designed to determine whether principal's fairness helps in reducing free-riding amongst team … establishing a fruitful cooperation between principals and team members unequally motivated by genuine fairness considerations. …
Persistent link: https://www.econbiz.de/10010750951
The representation of the individual in economics as a rational homo oeconomicus had been seriously questioned by the development of behavioural economics. Some authors nevertheless argue that economists do not need to produce complex models of human behaviour, since such investigation does not...
Persistent link: https://www.econbiz.de/10010821422
In experiments based on the Beard and Beil (1994) game, second movers very often fail to select the decision that maximizes both players payoff. This note reports on a new experimental treatment, in which we neutralize the potential effect of inequality aversion on the likelihood of this...
Persistent link: https://www.econbiz.de/10009228924
We use laboratory experiments with human subjects to test the relevance of di-fferent inflation targeting regimes. In particular and within the standard New Keynesian model, we evaluate to what extent communication of the inflation target is relevant to the success of inflation targeting. We...
Persistent link: https://www.econbiz.de/10010899555
This paper studies the value of private information in strictly competitive interactions in which there is a trade-off between (i) the short-run gain of using information, and (ii) the long-run gain of concealing it. We implement simple examples from the class of zero-sum repeated games with...
Persistent link: https://www.econbiz.de/10010784114
Experiments based on the Beard and Beil (1994) two-player coordination game robustly show that coordination failures arise as a result of two puzzling behaviors: (i) subjects are not willing to rely on others' self-interested maximization, and (ii) self-interested maximization is not ubiquitous....
Persistent link: https://www.econbiz.de/10011025561
In experiments based on the Beard and Beil (1994) game, second movers very often fail to select the decision that maximizes both players payoff. This note reports on a new experimental treatment, in which we neutralize the potential effect of inequality aversion on the likelihood of this...
Persistent link: https://www.econbiz.de/10011025856
We investigate whether experimental participants follow their private information and contradict herds in situations where it is empirically optimal to do so. We consider two sequences of players, an observed and an unobserved sequence. Observed players sequentially predict which of two options...
Persistent link: https://www.econbiz.de/10010739005
This paper studies the value of private information in strictly competitive interactions in which there is a trade-off between (i) the short-run gain of using information, and (ii) the long-run gain of concealing it. We implement simple examples from the class of zero-sum repeated games with...
Persistent link: https://www.econbiz.de/10010820761