Showing 1 - 10 of 11
In many cases individuals benefit differently from the provision of a public good. We study in a laboratory experiment …
Persistent link: https://www.econbiz.de/10010538965
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
experiment in which a committee decides sequentially on three independent bills. Selfish committee members would turn down all …
Persistent link: https://www.econbiz.de/10008740240
experiment four subsidiaries of the same parent operate in the same market. Parents earn a specific share of the joint profit and …
Persistent link: https://www.econbiz.de/10008740242
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
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
most frequently observed and discussed biases of financial investors. We investigate in a laboratory experiment whether the …
Persistent link: https://www.econbiz.de/10010735529
Are people blamed for being pivotal if they implement an unpopular outcome in a sequential voting process? We conduct an experimental voting game and analyze how pivotality affects responsibility attribution by parties who can be negatively affected by the voting outcome. We measure...
Persistent link: https://www.econbiz.de/10010748032
peopleÕs interest in controlling who receives their private information. Participants of an experiment face the decision to …
Persistent link: https://www.econbiz.de/10010777753
information acquisition exist under all institutional settings. We test our predictions in a laboratory experiment. Automatic …
Persistent link: https://www.econbiz.de/10010559505