Showing 11 - 20 of 299
No abstract.
Persistent link: https://www.econbiz.de/10010818433
The assumption that payoff-relevant information is observable but not verifiable is important for many core results in contract, organizational and institutional economics. However, subgame-perfect implementation (SPI) mechanisms – which are based on off-equilibrium arbitration clauses that...
Persistent link: https://www.econbiz.de/10010891173
We report the results of a laboratory experiment testing for the existence of loss aversion in a standard risk aversion … protocol (Holt and Laury, 2002). In our experiment, participants earn and retain money for a week before using it in an … incentivized risk preference elicitation task. We find loss aversion, distinct from risk aversion, has a significant effect on …
Persistent link: https://www.econbiz.de/10010884160
about fairness. Utilizing two manipulations (reminding participants about their answer to the fairness question and publicly … there is a social component (i.e., reporting of aggregate answers). When a participant's answer to the fairness question is …
Persistent link: https://www.econbiz.de/10010884167
The objective of this paper is to design a laboratory experiment for an infinite-horizon sequential committee search …
Persistent link: https://www.econbiz.de/10010884170
consequences. A principal-agent experiment is studied in which prior to contract choice principals are informed about past actions … mechanism's robustness is explored in further experiments. …
Persistent link: https://www.econbiz.de/10010884174
Although many countries are aggressively implementing the One Laptop per Child (OLPC) program, there is a lack of empirical evidence on its effects. This paper presents the impact of the first large-scale randomized evaluation of the OLPC program, using data collected after 15 months of...
Persistent link: https://www.econbiz.de/10010884274
This overview describes the development of methods for empirical research in the field of labor economics during the past four decades. This period is characterized by the use of micro data to answer policy relevant research question. Prominent in the literature is the search for exogenous...
Persistent link: https://www.econbiz.de/10010959606
usefulness of the approach in the context of field experiments on gift exchange. Our results suggest that a BS design requires … used in the literature. Our results suggest that adding experimental periods in an experiment can substantially increase …
Persistent link: https://www.econbiz.de/10010959685
We investigate the link between leadership, beliefs and pro-social behavior. This link is interesting because field evidence suggests that people's behavior in domains like charitable giving, tax evasion, corporate culture and corruption is influenced by leaders (CEOs, politicians) and beliefs...
Persistent link: https://www.econbiz.de/10010959829