Showing 1 - 10 of 12
When making judgments, individuals often utilize heuristics to interpret information. We report on a series of experiments designed to test the ways in which incentive mechanisms influence the use of a particular heuristic in decision-making. Specifically, we demonstrate how information...
Persistent link: https://www.econbiz.de/10005822173
This paper examines the role of other-regarding and time preferences for cooperation in the field. We study the preferences of fishermen whose main, and often only, source of income stems from using a common pool resource (CPR). The exploitation of a CPR involves a negative interpersonal and...
Persistent link: https://www.econbiz.de/10005822252
Results are reported of a laboratory experiment aimed at examining whether strategic substitutability and strategic complementarity have an impact on the tendency to cooperate in two-player dominancesolvable games with a Pareto-inefficient Nash equilibrium.We find that there is significantly...
Persistent link: https://www.econbiz.de/10011092089
We use experiments to compare two institutions for allocating the proceeds of team production.Under revenue-sharing, each team member receives an equal share of team output; under leader-determined shares, a team leader has the power to implement her own allocation.Both arrangements are...
Persistent link: https://www.econbiz.de/10011092321
This paper discusses the choice of the number of participants for within-subjects (WS) designs and between-subjects (BS) designs based on simulations of statistical power allowing for different numbers of experimental periods. We illustrate the usefulness of the approach in the context of field...
Persistent link: https://www.econbiz.de/10010959685
Among economists, there is increased recognition of the role individuals’ identities play in decision-making. In this paper, we conduct laboratory experiments in which we explore the motivations for and the effects of group identity. We find that negative out-group opinion (acting as an...
Persistent link: https://www.econbiz.de/10005762312
During the 1980s a set of randomized experiments were carried out to determine the usefulness of a mandatory arrest policy for domestic assault offenders. The first of these was the Minneapolis Domestic Violence experiment (MDVE), which was carried out in 1981. This paper re-examines the data...
Persistent link: https://www.econbiz.de/10008460591
Field experiments that involve nested structures may assign treatment conditions either to entire groups (such as classrooms or schools), or individuals within groups (such as students). Since field experiments involve clustering, key aspects of their design include knowledge of the intraclass...
Persistent link: https://www.econbiz.de/10005566837
This paper reports results from a unique two-stage experiment designed to examine the spillover effects of optimism and pessimism. In stage 1, we induce optimism or pessimism onto subjects by randomly assigning a high or low piece rate for performing a cognitive task. We find that participants...
Persistent link: https://www.econbiz.de/10005822246
We study beliefs and choices in a repeated normal-form game. In addition to a baseline treatment with common knowledge of the game structure and feedback about choices in the previous period, we run treatments (i) without feedback about previous play, (ii) with no information about the...
Persistent link: https://www.econbiz.de/10005822932