Similar Search Results

The Pivotal Mechanism Revisited: Some Evidence on Group Manipulation

Gantner, Anita; Höchtl, Wolfgang; Sausgruber, Rupert - Institut für Finanzwissenschaft, Fakultät für … - 2011

This paper studies the vulnerability of the pivotal mechanism with respect to manipulation by groups. In a lab experiment, groups decide on the implementation of various alternatives, some of which imply opposite interests for the two subgroups. We investigate the occurrence of tacit and...

Persistent link: https://www.econbiz.de/10009245991

Equality, Equity and Incentives: An Experiment

Balafoutas, Loukas; Kocher, Martin G.; Putterman, Louis; … - Institut für Finanzwissenschaft, Fakultät für … - 2010

We devise a new experimental game by nesting a voluntary contributions mechanism in a broader spectrum of incentive schemes. With it, we study tensions between egalitarianism, equity concerns, self-interest, and the need for incentives. In a 2x2 design, subjects either vote on or exogenously...

Persistent link: https://www.econbiz.de/10008676887

Revealed distributional preferences: Individuals vs. teams

Balafoutas, Loukas; Kerschbamer, Rudolf; Kocher, Martin; … - Institut für Finanzwissenschaft, Fakultät für … - 2013

that teams are significantly more benevolent than individuals in the domain of disadvantageous inequality while the … benevolence in the domain of advantageous inequality is similar across decision makers. A consequence for the frequency of … preference types is that while a substantial fraction of individuals is classified as inequality averse, this type disappears …

Persistent link: https://www.econbiz.de/10010839590

Information, Social Mobility and the Demand for Redistribution

Feri, Francesco - Institut für Finanzwissenschaft, Fakultät für … - 2008

This paper studies how heterogeneity in income dynamics affects the POUM hypothesis (the idea that poor people do not support high level of redistribution because they hope to be rich in the future). We consider a setting where individuals evaluate their expected future income using both their...

Persistent link: https://www.econbiz.de/10005432663

Subjective performance evaluations and reciprocity in principal-agent relations

Sebald, Alexander; Walzl, Markus - Institut für Finanzwissenschaft, Fakultät für … - 2012

We conduct a laboratory experiment with agents working on and principals benefitting from a real effort task in which the agents' performance can only be evaluated subjectively. Principals give subjective performance feedback to agents and agents have an opportunity to sanction principals. In...

Persistent link: https://www.econbiz.de/10010839575

Friendliness pays off! Respect and Monetary Gifts in the Service Industry.

Kirchler, Michael; Palan, Stefan - Institut für Finanzwissenschaft, Fakultät für … - 2014

We investigate the role of respect and monetary gifts in the service industry. We report findings from purchases of more than 800 doner durum, a common lunch snack. Prior to the foodâ€™s preparation, we either give a compliment about the product, or a monetary gift by tipping. We repeat the...

Persistent link: https://www.econbiz.de/10011099816

Optimal contracts based on subjective evaluations and reciprocity

Sebald, Alexander; Walzl, Markus - Institut für Finanzwissenschaft, Fakultät für … - 2012

s demonstrated in a recent laboratory experiment [see Sebald and Walzl (2014)], individuals tend to sanction others who subjectively evaluate their performance when-ever this assessment falls short of the individuals' self-evaluation. Interestingly, this is the case even if the individuals'...

Persistent link: https://www.econbiz.de/10010942534

Household Decision Making in Rural China: Using Experiments to Estimate the Influences of Spouses

Carlsson, Fredrik; He, Haoran; Martinsson, Peter; Qin, Ping - Institut für Finanzwissenschaft, Fakultät für … - 2010

Many economic decisions are made jointly within households. This raises the question about spouses? relative influence on joint decisions and the determinants of relative influence. Using a controlled experiment (on inter-temporal choice), we let each spouse first make individual decisions and...

Persistent link: https://www.econbiz.de/10008511352

Group Decision Making Under Risk: An Experiment with Student Couples

He, Haoran; Martinsson, Peter; Sutter, Matthias - Institut für Finanzwissenschaft, Fakultät für … - 2011

In an experiment, we study risk-taking of cohabitating student couples, finding that couples’ decisions are closer to risk-neutrality than single partners’ decisions. This finding is similar to earlier experiments with randomly assigned groups, corroborating external validity of earlier results.

Persistent link: https://www.econbiz.de/10009364414

Truth, trust, and sanctions: On institutional selection in sender-receiver games

Peeters, Ronald; Vorsatz, Marc; Walzl, Markus - Institut für Finanzwissenschaft, Fakultät für … - 2011

We conduct a laboratory experiment to investigate the impact of institutions and institutional choice on truth-telling and trust in sender-receiver games. We find that in an institution with sanctioning opportunities, receivers sanction predominantly after having trusted lies. Individuals who...

Persistent link: https://www.econbiz.de/10009385916