Showing 1 - 10 of 204
We explore the influence of social norms on behavior. To do so, we introduce a method for identifying norms, based on … the property that social norms reflect social consensus regarding the appropriateness of different possible behaviors. We … demonstrate that the norms we elicit, along with a simple model combining concern for norm-compliance with utility for money …
Persistent link: https://www.econbiz.de/10005703787
This paper reports an experiment examining the effect of social norms on pro-social behavior. We test two predictions … derived from work in psychology regarding the influence of norms. The first is a "focusing"influence, whereby norms only … and thus demonstrates a direct effect of norms on behavior. …
Persistent link: https://www.econbiz.de/10005566606
The evidence suggests that relational contracting and legal rules play an important role in credit markets but on the basis of the prevailing field data it is difficult to pin down their causal impact. Here we show experimentally that relational incentives are a powerful causal determinant for...
Persistent link: https://www.econbiz.de/10004976880
Although relative performance schemes are pervasive in organizations reliable empirical data on induced sabotage behavior is almost non-existent. We study sabotage in tournaments in a controlled laboratory experiment and are able to confirm one of the key insights from theory: effort and...
Persistent link: https://www.econbiz.de/10004980267
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
benchmark is tested in an experiment. Furthermore, we provide the first clean one-shot experimental test of the Lazear and Rosen …
Persistent link: https://www.econbiz.de/10011105057
improve decision making on some tasks. To test our hypothesis we used a standardized decision inventory and measured response …
Persistent link: https://www.econbiz.de/10011105060
even costlessly verifiable terms. We then use experiments to test comparative statics predictions of the model. While it is …
Persistent link: https://www.econbiz.de/10011105069
We investigate the consistency and stability of individual risk preferences by manipulating cognitive resources. Participants are randomly assigned to an experiment session at a preferred time of day relative to their diurnal preference (circadian matched) or at a non-preferred time (circadian...
Persistent link: https://www.econbiz.de/10011105082
We review the survey and experimental findings in the literature on attitudes to income inequality. We interpret the latter as any disparity in incomes between individuals. We classify these findings into two broad types of individual attitudes towards the income distribution in a society: the...
Persistent link: https://www.econbiz.de/10011105408