Showing 1 - 10 of 465
Recent experiments show that public goods can be provided at high levels when mutual monitoring and costly punishment … are allowed. All these experiments, however, study monitoring and punishment in a setting where all agents can monitor and … fundamental, properties in graph theory allow us to interpret the variation in the patterns of behavior that arise in the …
Persistent link: https://www.econbiz.de/10008693833
feedback as the main driving force of learning to play strategically and to form beliefs that accurately predict the behavior …
Persistent link: https://www.econbiz.de/10005822932
-run persistence of observed discrimination against certain minorities in the labor market. The experiment provides some evidence … experiment, failing to generate a Self-Confirming Equilibrium driven by wrong beliefs. The strategy method provides additional …
Persistent link: https://www.econbiz.de/10005763882
ability to that of character skills, and find that both cognition and personality affect behavior and learning. More agreeable … of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment … understand better how subjects with different cognitive abilities learn differently, we estimate a structural model of learning …
Persistent link: https://www.econbiz.de/10010886141
Typically, laboratory experiments suffer from homogeneous subject pools and self-selection biases. The usefulness of … method integrating interactive experiments and representative surveys thereby overcoming crucial weaknesses of both … approaches. One of the major advantages of our approach is that it allows for the integration of experiments, which require …
Persistent link: https://www.econbiz.de/10005761956
instrument or the size of the average treatment effect. With experiments, violation is more likely if the treatment and control …
Persistent link: https://www.econbiz.de/10005763520
learning. …
Persistent link: https://www.econbiz.de/10010706055
We investigate the potential of transparency to influence committee decision-making. We present a model in which career …'s key predictions in a laboratory experiment. The model's predictions are largely borne out – transparency negatively … under secrecy. This occurs despite subjects revealing more information under transparency than theory predicts. …
Persistent link: https://www.econbiz.de/10011273190
decision makers' responses to a given default, we argue that this individual decision making perspective is incomplete. Instead … between default setters and decision makers. We provide a theoretical framework to analyze which default options arise in such … default setters and decision makers, and their alignment of interests. We show that default effects are more pronounced if …
Persistent link: https://www.econbiz.de/10010959692
been withdrawn. Inconsistency in experiencing audits across time clearly increases the difficulty of learning the true …
Persistent link: https://www.econbiz.de/10010739419