Showing 1 - 10 of 156
We study the attitudes of junior and senior employees towards strategic uncertainty and competition, by means of a market entry game inspired by Camerer and Lovallo (1999). Seniors exhibit higher entry rates compared to juniors, especially when earnings depend on relative performance. This...
Persistent link: https://www.econbiz.de/10010884197
We investigate the impact of various audit schemes on the future provision of public goods, when contributing less than the average of the group is sanctioned exogenously and the probability of an audit is unknown. We study how individuals update their beliefs about the probability of being...
Persistent link: https://www.econbiz.de/10010739419
This paper's objective is to design a laboratory experiment to explore the effect of ambiguity on a subject's search … faced with ambiguity over wage distributions. …
Persistent link: https://www.econbiz.de/10010739422
-effort experiment in which individuals had to decide when to exit the situation: a continuous reinforcement schedule (all periods paid …
Persistent link: https://www.econbiz.de/10008611511
In this paper, we describe a series of laboratory experiments that implement specific examples of a more general network structure and we examine equilibrium selection. Specifically, actions are either strategic substitutes or strategic complements, and participants have either complete or...
Persistent link: https://www.econbiz.de/10011086477
Using a field experiment in China, we study whether migration status is correlated with attitudes toward risk …, ambiguity, and competitiveness. Our subjects include migrants and non-migrants. We find that, migrants exhibit no differences … from non-migrants in risk and ambiguity preferences elicited using pairs of lotteries; however, migrants are significantly …
Persistent link: https://www.econbiz.de/10010884374
We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to … eighteen years, in an incentivized experiment. We relate experimental choices to field behavior. Experimental measures of …) and are less likely to save money. Experimental measures for risk and ambiguity attitudes are only weak predictors of …
Persistent link: https://www.econbiz.de/10008805625
In this paper we present and test a theory of how political corruption, found in many transition and emerging market economies, affects corporate governance and productive efficiency of firms. Our model predicts that underdeveloped democratic institutions that do not punish political corruption...
Persistent link: https://www.econbiz.de/10010884312
politicians’ rents than proportional representation. We test these predictions using micro data for the mixed-member Italian House …
Persistent link: https://www.econbiz.de/10005703268
empirical evidence shows that bad but dedicated politicians come along with good but not fully committed politicians. There is … committed to the parliamentary activity in many respects, like voting attendance and bills sponsorship. …
Persistent link: https://www.econbiz.de/10005822047