Showing 1 - 10 of 20
Sanctions are widely used to promote compliance in principal-agent-relationships.While there is ample evidence confirming the predicted positive incentive effect of sanctions,it has also been shown that imposing sanctions may in fact reduce complianceby crowding-out intrinsic motivation. We add...
Persistent link: https://www.econbiz.de/10009022160
One-shot interaction and repeated interaction often co-exist in the real world. We study possible behavioral effects of this co-existence in a principal-agent setting, in which a principal simultaneously employs a permanent and a temporary agent. Our experimental results indicate that there is...
Persistent link: https://www.econbiz.de/10005870887
A unique indivisible commodity with an unknown common value is owned bygroup of individuals and should be allocated to one of them while compensating theothers monetarily. We study the so-called fair division game (Güth, Ivanova-Stenzel,Königstein, and Strobel (2002, 2005)) theoretically and...
Persistent link: https://www.econbiz.de/10005870973
By using a choice experiment, this paper focuses on citizens’ preferences for effort-sharingrules of how carbon abatement should be shared among countries. We find that Swedes do notrank the rule favoring their own country highest. Instead, they prefer the rule where allcountries are allowed...
Persistent link: https://www.econbiz.de/10009022158
Although one may hope to achieve equality of stated profits withoutenforcing it, one may not trust in such voluntary equality seeking andrather try to impose rules (of bidding) guaranteeing it.[...]
Persistent link: https://www.econbiz.de/10009022159
Different evaluators typically disagree how to rank different candidates since theycare more or less for the various qualities of the candidates. It is assumed that allevaluators submit vector bids assigning a monetary bid for each possible rank order.The rules must specify for all possible...
Persistent link: https://www.econbiz.de/10009248888
Which inequalities among individuals are considered unjust? This paper reportsthe results of an experiment designed to study distributive choices dealing with arbitrarilyunequal initial endowments. In a three-person distribution problem wheresubjects either know or do not know their endowments,...
Persistent link: https://www.econbiz.de/10005866424
We use a two-person public goods experiment to distinguish betweene±ciency and fairness as possible motivations for … indicatethat fairness (or inequality aversion) is more in°uential than e±ciency indriving behavior. …
Persistent link: https://www.econbiz.de/10005866570
fairness’ on the part ofthose subsequently chosen to be dictators. In fact, dictators were significantlymore likely to offer …
Persistent link: https://www.econbiz.de/10005866591
Does geographic distance or the perceived social distance between subjects significantlyaffect proposer and responder behavior in ultimatum bargaining? To answer this question,subjects play a one-shot ultimatum game with three players (proposer, responder, and apassive dummy player) and...
Persistent link: https://www.econbiz.de/10005866606