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designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality … aversion than individual initial proposals in team decision-making. However, teams are no more selfish than individuals who … decide in isolation. Individuals express strategically more inequality aversion in their initial proposals in team decision …
Persistent link: https://www.econbiz.de/10010884177
We investigate the influence of two widespread compensation schemes, individual piece-rates and team incentives, on … pronounced under team incentives than under individual piece-rates, which highlights a so far fairly neglected feature of these …
Persistent link: https://www.econbiz.de/10009294841
confirmed in a real effort experiment. …
Persistent link: https://www.econbiz.de/10005762201
We study the effect of team decision-making on bubbles and crashes in experimental asset markets of the kind introduced … volume and price volatility. We also find an unexpected gender effect in team composition, manifesting itself in more extreme …
Persistent link: https://www.econbiz.de/10008555360
We report the results of a laboratory experiment testing for the existence of loss aversion in a standard risk aversion … protocol (Holt and Laury, 2002). In our experiment, participants earn and retain money for a week before using it in an …
Persistent link: https://www.econbiz.de/10010884160
We explore the role of cognitive dissonance in dictator and public goods games. Specifically, we motivate cognitive dissonance between one's perception of “fair treatment” and self-interested behaviour by having participants answer a question about fairness. Utilizing two manipulations...
Persistent link: https://www.econbiz.de/10010884167
The objective of this paper is to design a laboratory experiment for an infinite-horizon sequential committee search …
Persistent link: https://www.econbiz.de/10010884170
consequences. A principal-agent experiment is studied in which prior to contract choice principals are informed about past actions … mechanism's robustness is explored in further experiments. …
Persistent link: https://www.econbiz.de/10010884174
Although many countries are aggressively implementing the One Laptop per Child (OLPC) program, there is a lack of empirical evidence on its effects. This paper presents the impact of the first large-scale randomized evaluation of the OLPC program, using data collected after 15 months of...
Persistent link: https://www.econbiz.de/10010884274
This overview describes the development of methods for empirical research in the field of labor economics during the past four decades. This period is characterized by the use of micro data to answer policy relevant research question. Prominent in the literature is the search for exogenous...
Persistent link: https://www.econbiz.de/10010959606