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Equality, Equity and Incentives: An Experiment

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

We devise a new experimental game by nesting a voluntary contributions mechanism in a broader spectrum of incentive schemes. With it, we study tensions between egalitarianism, equity concerns, self-interest, and the need for incentives. In a 2x2 design, subjects either vote on or exogenously...

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

Security of Property as a Public Good: Institutions, Socio-Political Environment and Experimental Behavior in Five Countries

Campos-Ortiz, Francisco; Putterman, Louis; Ahn, T.K.; … - Institute for the Study of Labor (IZA) - 2012

We study experimentally the protection of property in five widely distinct countries – Austria, Mexico, Mongolia, South Korea and the United States. Our main results are that the security of property varies with experimental institutions, and that our subject pools exhibit significantly...

Persistent link: https://www.econbiz.de/10011128038

Group Membership, Competition, and Altruistic versus Antisocial Punishment: Evidence from Randomly Assigned Army Groups

Goette, Lorenz; Huffman, David; Meier, Stephan; Sutter, … - Institute for the Study of Labor (IZA) - 2010

punishment behavior. Our study uses experiments conducted with 525 officers in the Swiss Army, and exploits random assignment to … prisoner's dilemma game with in-group as opposed to out-group members. They also use a costly punishment option to selectively … stronger in-group cooperation, but also a qualitative change in punishment: punishment becomes antisocial, harming cooperative …

Persistent link: https://www.econbiz.de/10008680896

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 …. In our laboratory experiment, we establish the existence of a significant efficiency premium of uniform wages. However …

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 … different interventions to a kind of robustness check. We find that the threat of monetary punishment promotes moral behavior in …

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

Efficiency Gains from Team-Based Coordination: Large-Scale Experimental Evidence

Feri, Francesco; Irlenbusch, Bernd; Sutter, Matthias - Institute for the Study of Labor (IZA) - 2008

coordinate with other teams. We present an experiment with 825 participants, using six different coordination games, where either …

Persistent link: https://www.econbiz.de/10005703430

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

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