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Social Preferences in Childhood and Adolescence: A Large-Scale Experiment

Sutter, Matthias; Feri, Francesco; Kocher, Martin G.; … - Institute for the Study of Labor (IZA) - 2010

Social preferences have been shown to be an important determinant of economic decision making for many adults. We present a large-scale experiment with 883 children and adolescents, aged eight to seventeen years. Participants make decisions in eight simple, one-shot allocation tasks, allowing us...

Persistent link: https://www.econbiz.de/10008557230

Equality, Equity and Incentives: An Experiment

Balafoutas, Loukas; Kocher, Martin G.; Putterman, Louis; … - Institute for the Study of Labor (IZA) - 2010

schemes. With it, we study tensions between egalitarianism, equity concerns, self-interest, and the need for incentives. In a … and equity concerns, which sometimes cut in opposite directions. Contributions, which seem mainly determined by boundedly … rational responses to incentives, are influenced by egalitarian, equity and strategic considerations. …

Persistent link: https://www.econbiz.de/10008678697

Donations, Risk Attitudes and Time Preferences: A Study on Altruism in Primary School Children

Angerer, Silvia; Glätzle-Rützler, Daniela; … - Institute for the Study of Labor (IZA) - 2014

We study with a sample of 1,070 primary school children, aged seven to eleven years, how altruism in a donation experiment is related to children's risk attitudes and intertemporal choices. Examining such a relationship is motivated by theories of reciprocal altruism that provide a cornerstone...

Persistent link: https://www.econbiz.de/10011086478

Is more information always better? Experimental financial markets with asymmetric information

Huber, Jürgen; Kirchler, Michael; Sutter, Matthias - Universität <Innsbruck> / Sozial- und …; … - 2004

We study the value of information in financial markets by asking whether having more information always leads to higher returns. We address this question in an experiment where single traders have different information levels about an asset’s intrinsic value. In our treatments we vary the...

Persistent link: https://www.econbiz.de/10005866871

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

"good behavior", or do "good experts" post "fair prices"? To answer this question we propose and test a model with three …

Persistent link: https://www.econbiz.de/10011279266

Testing a Forgotten Aspect of Akerlof's Gift Exchange Hypothesis: Relational Contracts with Individual and Uniform Wages

Kocher, Martin G.; Luhan, Wolfgang J.; Sutter, Matthias - Institute for the Study of Labor (IZA) - 2012

that receive different wages. We present the first test of this component, which we call the fair uniform-wage hypothesis …

Persistent link: https://www.econbiz.de/10011279270

Market Design and Moral Behavior

Kirchler, Michael; Huber, Jürgen; Stefan, Matthias; … - Institute for the Study of Labor (IZA) - 2015

In an experiment with 739 subjects we study whether and how different interventions might have an influence on the degree of moral behavior when subjects make decisions that can generate negative externalities on uninvolved parties. Particularly, subjects can either take money for themselves or...

Persistent link: https://www.econbiz.de/10011265302

Role Selection and Team Performance

Cooper, David J.; Sutter, Matthias - Institute for the Study of Labor (IZA) - 2011

Team success relies on assigning team members to the right tasks. We use controlled experiments to study how roles are assigned within teams and how this affects team performance. Subjects play the takeover game in pairs consisting of a buyer and a seller. Understanding optimal play is very...

Persistent link: https://www.econbiz.de/10009225777

Strategic Sophistication of Adolescents: Evidence from Experimental Normal-Form Games

Czermak, Simon; Feri, Francesco; Rützler, Daniela; … - Institute for the Study of Labor (IZA) - 2010

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

Household Decision Making in Rural China: Using Experiments to Estimate the Influences of Spouses

Carlsson, Fredrik; He, Haoran; Martinsson, Peter; Qin, Ping - Institute for the Study of Labor (IZA) - 2010

Many economic decisions are made jointly within households. This raises the question about spouses' relative influence on joint decisions and the determinants of relative influence. Using a controlled experiment (on inter-temporal choice), we let each spouse first make individual decisions and...

Persistent link: https://www.econbiz.de/10008466474