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The Good, the Bad and the Naive: Do Fair Prices Signal Good Types or Do They Induce Good Behaviour?

Dulleck, Uwe; Johnston, David W.; Kerschbamer, Rudolf; … - Institute for the Study of Labor (IZA) - 2012

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

The Economics of Credence Goods: On the Role of Liability, Verifiability, Reputation and Competition

Dulleck, Uwe; Kerschbamer, Rudolf; Sutter, Matthias - Institute for the Study of Labor (IZA) - 2009

inefficiencies, such as under- and overtreatment or market break-down. We study in a large experiment with 936 participants the …

Persistent link: https://www.econbiz.de/10005822832

Feedback in Tournaments under Commitment Problems: Theory and Experimental Evidence

Gürtler, Oliver; Harbring, Christine - Institute for the Study of Labor (IZA) - 2007

In this paper, we analyze a principal's optimal feedback policy in tournaments. We close a gap in the literature by assuming the principal to be unable to commit to a certain policy at the beginning of the tournament. Our analysis shows that in equilibrium the principal reveals intermediate...

Persistent link: https://www.econbiz.de/10005822892

The Impact of Distributional Preferences on (Experimental) Markets for Expert Services

Kerschbamer, Rudolf; Sutter, Matthias; Dulleck, Uwe - Institute for the Study of Labor (IZA) - 2009

as the main cause and design a parsimonious experiment with exogenous prices that allows classifying experts as either …

Persistent link: https://www.econbiz.de/10008550001

Sabotage in Tournaments: Evidence from a Laboratory Experiment

Harbring, Christine; Irlenbusch, Bernd - Institute for the Study of Labor (IZA) - 2009

behavior is almost non-existent. We study sabotage in tournaments in a controlled laboratory experiment and are able to confirm …

Persistent link: https://www.econbiz.de/10004980267

Helping in Teams

Danilov, Anastasia; Harbring, Christine; Irlenbusch, Bernd - Institute for the Study of Labor (IZA) - 2014

benchmark is tested in an experiment. Furthermore, we provide the first clean one-shot experimental test of the Lazear and Rosen … (1981) tournament model. In a second experiment, we investigate the effectiveness of corporate value statements to encourage …

Persistent link: https://www.econbiz.de/10011105057

Performance Appraisals and the Impact of Forced Distribution: An Experimental Investigation

Berger, Johannes; Harbring, Christine; Sliwka, Dirk - Institute for the Study of Labor (IZA) - 2010

A real effort experiment is investigated in which supervisors have to rate the performance of individual workers who in …

Persistent link: https://www.econbiz.de/10008557231