Showing 1 - 10 of 29
repeated public good games. We present results of an experiment which allows to evaluate these hypotheses. The main …
Persistent link: https://www.econbiz.de/10005818877
In this paper, the authors analyze the behavior of local governments on capital taxation when the financial choices in terms of a public good quality are done by a central planner. More specifically, they ask the question whether a local government has an interest to tax the mobile factor in...
Persistent link: https://www.econbiz.de/10010956100
Seminal models of herd behaviour and informational cascades point out existence of negative information externalities, and propose to ?destroy? information in order to achieve social improvements. Although in the last years many features of herd behaviour and informational cascades have been...
Persistent link: https://www.econbiz.de/10005083407
models. We perform a repeated choice experiment and fit an error model that allows us to discriminate between true violations …
Persistent link: https://www.econbiz.de/10008631614
This paper tests Birnbaum’s (2004) theory that the constant consequence paradoxes of Allais are due to violations of coalescing, the assumption that when two branches lead to the same consequence, they can be combined by adding their probabilities. Rank dependent utility and cumulative...
Persistent link: https://www.econbiz.de/10008631616
The study tests the cardinal utility maximization hypothesis by an experimental procedure in a framework of utility scaling approach following the psychophysical-econometric paradigm, conceived in He (Psychophysical Interpretation for Utility Measures, 2011). It reveals (i) the utility...
Persistent link: https://www.econbiz.de/10010956086
We use a controlled experiment to analyze gender differences in risk preferences and stereotypes about risk preferences …
Persistent link: https://www.econbiz.de/10010905566
focuses on context-specific empirical studies. We use a public good game experiment with endogenous groups to investigate how …
Persistent link: https://www.econbiz.de/10010886860
performance of two mechanisms to implement such quotas in a lab experiment. The first mechanism is a simplified version of the …
Persistent link: https://www.econbiz.de/10010886875
the natural sciences. I found that my effort at using natural science methods in economics was met with little … understanding and often considerable hostility. I found economics to be driven less by common sense and empirical evidence, than by … ideology. I feel that the scientific work that I have done on specific, long standing and fundamental problems in economics and …
Persistent link: https://www.econbiz.de/10005083341