Showing 1 - 10 of 28
Extensive research in economics explores generosity in monetary allocations. However, generosity often involves the allocation of non-monetary goods or experiences. Existing evidence suggests that generosity may be higher in such contexts, though no direct comparison exists. Here, we compare...
Persistent link: https://www.econbiz.de/10011203012
use. This paper presents an experiment conducted online at IBM to assess the impact of these kinds of extrinsic incentives …
Persistent link: https://www.econbiz.de/10005627888
Traditionally, economists make a sharp distinction between stated and revealed preferences, viewing the latter as more fully meeting the assumptions of economic analysis. Here, we consider one form of empirical evidence regarding this belief: the consistency of choices in stated and revealed...
Persistent link: https://www.econbiz.de/10008611303
, including those where institutions govern only a subset of players. The experiment confirms that institutions are formed …
Persistent link: https://www.econbiz.de/10005627839
This paper presents an experimental examination of the Falkinger (1996) mechanism or overcoming the free-rider problem. The basic idea of the mechanism is that deviations from the mean contribution to the public good are taxed and subsidized. The mechanism has attractive properties because (i)...
Persistent link: https://www.econbiz.de/10005627911
paper tests social comparison in a field experiment at the University of Zurich. Each semester every single student has to …
Persistent link: https://www.econbiz.de/10005627969
In November 2005, 55.7 percent of 2 million Swiss voters approved a 5-year moratorium (ban) on the commercial cultivation of genetically modified (GM) plants within Switzerland. The present study examines how individual voting decisions were determined by (i) socioeconomic characteristics, (ii)...
Persistent link: https://www.econbiz.de/10005566317
After several decades of academic research on the contingent valuation (CV) method a consistent behavioral explanation of 'hypothetical bias' is still lacking. Based on evidence from economics, economic psychology and the political sciences, I propose an explanation that is based on two simple...
Persistent link: https://www.econbiz.de/10005566324
laboratory experiment in which the choice of the job charac- teristics (i.e., the mission) is part of the compensation package … preferred one. The principals take advantage of this intrinsic motivation by offering lower piece rates and by using the choice …
Persistent link: https://www.econbiz.de/10010941146
This paper analyzes responsibility attributions for outcomes of collective decision making processes. In particular, we ask if decision makers are blamed for being pivotal if they implement an unpopular outcome in a sequential voting process. We conduct an experimental voting game in which...
Persistent link: https://www.econbiz.de/10011272198