Showing 1 - 10 of 192
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 … decision problem and to update beliefs about success. In the experiment, subjects face the choice between a competition game …
Persistent link: https://www.econbiz.de/10011279246
This paper experimentally investigates the impact of different pay and relative performance information policies on … employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through … since the underdogs almost never quit the competition even when lagging significantly behind, and frontrunners do not slack …
Persistent link: https://www.econbiz.de/10005703358
The 'ratchet effect' refers to a situation where a principal uses private information that is revealed by an agent … competition for principals or agents. While we do observe substantial and significant ratchet effects in the baseline (no … competition) case of our model, we find that ratchet behavior is nearly eliminated by labor-market competition; interestingly this …
Persistent link: https://www.econbiz.de/10005233858
academia have been partially explained by “competitive pressures”, which suggests a link between competition and cheating. In … our experiment subjects conduct a task where they have the possibility to make use of illegitimate tools to better their … no overall sex difference in cheating. However, the effect of competition on women’s cheating behavior is entirely due to …
Persistent link: https://www.econbiz.de/10005703336
such differences are driven by different attitudes towards competition. In our experiment subjects choose between a …
Persistent link: https://www.econbiz.de/10005703512
We devise an experiment to explore the effect of different degrees of competition on optimal contracts in a hidden-information … principals. We first show theoretically how these different degrees of competition affect outcomes and efficiency. Informational … relative number of agents because competition reduces the agents’ informational monopoly power. However, this environment also …
Persistent link: https://www.econbiz.de/10005703707
experiment. First, a model is analyzed in which two agents simultaneously decide between a risky and a safe strategy and we allow …
Persistent link: https://www.econbiz.de/10005822136
Credence goods markets are characterized by asymmetric information between sellers and consumers that may give rise to … inefficiencies, such as under- and overtreatment or market break-down. We study in a large experiment with 936 participants the … has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to …
Persistent link: https://www.econbiz.de/10005822832
We study gender differences in the willingness to compete in a large-scale experiment with 1,035 children and teenagers …
Persistent link: https://www.econbiz.de/10008550513
Recent research has shown that women shy away from competition more often than men. We evaluate experimentally three … Competition unless a critical number of female winners is reached. We find that Quotas and Preferential Treatment encourage women … winners is not worse. The level of cooperation in a post-competition teamwork task is even higher with successful policy …
Persistent link: https://www.econbiz.de/10008568297