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of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment …
Persistent link: https://www.econbiz.de/10010886141
We conduct a public good experiment with high school teenagers. Some groups exclusively consist of students that we …
Persistent link: https://www.econbiz.de/10005566795
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
operations. The empirical findings support the model's prediction and demonstrate that the theory fairly describes the pattern of …
Persistent link: https://www.econbiz.de/10010959541
Extending the die rolling experiment of Fischbacher and Föllmi-Heusi (2013), we compare gender effects with respect to …
Persistent link: https://www.econbiz.de/10010959733
Empirical work on Akerlof's theory of gift exchange in labor markets has concentrated on the fair wage …-effort hypothesis. In fact, however, the theory also contains a social component that stipulates that homogenous agents that are …. In our laboratory experiment, we establish the existence of a significant efficiency premium of uniform wages. However …
Persistent link: https://www.econbiz.de/10011279270
We provide experimental evidence of workers' ingratiation by opinion conformity and of managers' discrimination in favor of workers with whom they share similar opinions. In our Baseline, managers can observe both workers' performance at a task and opinions before assigning unequal payoffs. In...
Persistent link: https://www.econbiz.de/10011279287
In an experiment with 739 subjects we study whether and how different interventions might have an influence on the …
Persistent link: https://www.econbiz.de/10011265302
Team success relies on assigning team members to the right tasks. We use controlled experiments to study how roles are assigned within teams and how this affects team performance. Subjects play the takeover game in pairs consisting of a buyer and a seller. Understanding optimal play is very...
Persistent link: https://www.econbiz.de/10009225777
We investigate the influence of two widespread compensation schemes, individual piece-rates and team incentives, on participants' inclination to lie, by adapting the experimental setup of Fischbacher and Heusi (2008). Lying turns out to be more pronounced under team incentives than under...
Persistent link: https://www.econbiz.de/10009294841