Showing 1 - 10 of 17
Evidence on behavior of experts in credence goods markets raises an important causality issue: Do "fair prices" induce "good behavior", or do "good experts" post "fair prices"? To answer this question we propose and test a model with three seller types: "the good" choose fair prices and behave...
Persistent link: https://www.econbiz.de/10011279266
. In our laboratory experiment, we establish the existence of a significant efficiency premium of uniform wages. However …
Persistent link: https://www.econbiz.de/10011279270
In an experiment with 739 subjects we study whether and how different interventions might have an influence on the …
Persistent link: https://www.econbiz.de/10011265302
Team success relies on assigning team members to the right tasks. We use controlled experiments to study how roles are …
Persistent link: https://www.econbiz.de/10009225777
We examine the strategic sophistication of adolescents, aged 10 to 17 years, in experimental normal-form games. Besides making choices, subjects have to state their first- and second-order beliefs. We find that choices are more often a best reply to beliefs if any player has a dominant strategy...
Persistent link: https://www.econbiz.de/10008466019
coordinate with other teams. We present an experiment with 825 participants, using six different coordination games, where either …
Persistent link: https://www.econbiz.de/10005703430
inefficiencies, such as under- and overtreatment or market break-down. We study in a large experiment with 936 participants the … has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to …
Persistent link: https://www.econbiz.de/10005822832
, verifiability fails to yield efficiency in experiments with endogenous prices. We identify heterogeneous distributional preferences … as the main cause and design a parsimonious experiment with exogenous prices that allows classifying experts as either …-standard distributional preferences, among which efficiency-loving and inequality aversion are most frequent. We discuss implications for …
Persistent link: https://www.econbiz.de/10008550001
We study gender differences in the willingness to compete in a large-scale experiment with 1,035 children and teenagers …
Persistent link: https://www.econbiz.de/10008550513
We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games …
Persistent link: https://www.econbiz.de/10008480923