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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
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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
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Strategic Ignorance in Bargaining
Conrads, Julian; Irlenbusch, Bernd - Institute for the Study of Labor (IZA) - 2011
rather than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave bargaining experiment where the …
Persistent link: https://www.econbiz.de/10009371183
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Incentives and Group Identity
Masella, Paolo; Meier, Stephan; Zahn, Philipp - Institute for the Study of Labor (IZA) - 2012
of incentives and when incentives can have “hidden costs”, i.e., a detrimental effect. We show experimentally that in all …'s behavior. Our finding contributes to the micro-foundation of psychological effects of incentives. …
Persistent link: https://www.econbiz.de/10011252294
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Beliefs and Actions in the Trust Game: Creating Instrumental Variables to Estimate the Causal Effect
Costa-Gomes, Miguel A.; Huck, Steffen; Weizsäcker, Georg - Institute for the Study of Labor (IZA) - 2010
In many economic contexts, an elusive variable of interest is the agent's expectation about relevant events, e.g. about other agents' behavior. Recent experimental studies as well as surveys have asked participants to state their beliefs explicitly, but little is known about the causal relation...
Persistent link: https://www.econbiz.de/10008543257
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Social Distance and Trust: Experimental Evidence from a Slum in Cairo
Binzel, Christine; Fehr, Dietmar - Institute for the Study of Labor (IZA) - 2013
implement a binary trust game with hidden action in a lab-in-the-field experiment with residents of an informal housing area in …
Persistent link: https://www.econbiz.de/10005086589
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Do We Follow Others When We Should? A Simple Test of Rational Expectations
Weizsäcker, Georg - Institute for the Study of Labor (IZA) - 2008
conveyed by other players’ choices: the average player contradicts her own signal only if the empirical odds ratio of the own … signal being wrong, conditional on all available information, is larger than 2:1, rather than 1:1 as would be implied by …
Persistent link: https://www.econbiz.de/10005703501
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Guilt from Promise-Breaking and Trust in Markets for Expert Services: Theory and Experiment
Beck, Adrian; Kerschbamer, Rudolf; Qiu, Jianying; … - Institute for the Study of Labor (IZA) - 2010
broken, and guilt is exacerbated by higher interaction prices. An experiment qualitatively confirms our predictions: (1) most …
Persistent link: https://www.econbiz.de/10008529143
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Courtesy and Idleness: Gender Differences in Team Work and Team Competition
Ivanova-Stenzel, Radosveta; Kübler, Dorothea - Institute for the Study of Labor (IZA) - 2005
Does gender play a role in the context of team work? Our results based on a real-effort experiment suggest that …
Persistent link: https://www.econbiz.de/10005566353
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Incentives and Prosocial Behavior
Bénabou, Roland; Tirole, Jean - Institute for the Study of Labor (IZA) - 2005
crowding out of prosocial behavior by extrinsic incentives. We also identify settings that are conducive to multiple social …
Persistent link: https://www.econbiz.de/10005703171