Showing 1 - 10 of 441
experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition …This paper studies the influence of information on entry choices in a competition with a controlled laboratory … productivity. Information on the opponent is a promising nudge to raise individuals' awareness towards the complexity of the …
Persistent link: https://www.econbiz.de/10011279246
in three states and merged with information on neighborhood income and racial composition. We experimentally vary …
Persistent link: https://www.econbiz.de/10008868120
rather than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave bargaining experiment where the …In his classic article "An Essay on Bargaining" Schelling (1956) argues that ignorance might actually be strength …
Persistent link: https://www.econbiz.de/10009371183
We investigated experimentally whether people can be induced to believe in a non-existent expert, and subsequently pay for what can only be described as transparently useless advice about future chance events. Consistent with the theoretical predictions made by Rabin (2002) and Rabin and Vayanos...
Persistent link: https://www.econbiz.de/10011279343
We compare inequality aversion in individuals and teams by means of both within- and between-subject experimental designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality aversion than individual initial proposals in team...
Persistent link: https://www.econbiz.de/10010884177
While previous research has shown that social preferences develop in childhood, we study whether this development is accompanied by reduced use of deception when lies would harm others, and increased use of deception to benefit others. In a sample of children aged between 7 and 14, we find...
Persistent link: https://www.econbiz.de/10010884178
We explore the individual and joint explanatory power of concepts from economics, psychology, and criminology for criminal behavior. More precisely, we consider risk and time preferences, personality traits from psychology (Big Five and locus of control), and a self-control scale from...
Persistent link: https://www.econbiz.de/10010884182
In this paper we ask if reports of private information about skills, abilities or achievements are affected by image … concerns. We develop a simple model that illustrates how image utility can lead to misreporting of private information in … experiment. In the experiment, all subjects go through a series of quiz questions and subsequently report a performance measure …
Persistent link: https://www.econbiz.de/10011279286
This paper investigates in a principal-agent environment whether and how group membership influences the effectiveness of incentives and when incentives can have “hidden costs”, i.e., a detrimental effect. We show experimentally that in all interactions control mechanisms can have hidden...
Persistent link: https://www.econbiz.de/10011252294
This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for money or to save mice. We compare a Baseline treatment where subjects are fully pivotal to a Diffused-Pivotality treatment where subjects simultaneously choose in groups of...
Persistent link: https://www.econbiz.de/10010667864