Showing 1 - 10 of 22
In an experiment that elicits subjects' willingness to pay (WTP) for the outcome of a lottery, we confirm the fourfold …
Persistent link: https://www.econbiz.de/10013388772
Multiple price lists are a convenient tool to elicit willingness to pay (WTP) in surveys and experiments, but choice … experiment in South Africa shows that significant order effects exist which, if uncorrected, would lead to distorted conclusions …
Persistent link: https://www.econbiz.de/10013388789
This paper develops a partial-identification methodology for analyzing self-selection into alternative compensation schemes in a laboratory environment. We formulate a model of self-selection in which individuals select the compensation scheme with the largest expected valuation, which depends...
Persistent link: https://www.econbiz.de/10014447251
This paper presents data from experiments with a linear voluntary contributions mechanism for public goods conducted in …
Persistent link: https://www.econbiz.de/10001505217
Some public goods are provided entirely with private contributions, others with a mixture of public and private funding, and still others are entirely publicly funded. To explain this variation, a model of dual provision is developed that endogenizes public and private funding. Members of the...
Persistent link: https://www.econbiz.de/10012470948
a laboratory experiment and through a field application …
Persistent link: https://www.econbiz.de/10012794643
We explore workers' valuation of job flexibility, using a field experiment conducted on a Chinese job board, as well as …
Persistent link: https://www.econbiz.de/10012479379
fairness. We corroborate the interpretation of our findings with a choice experiment of a costly decision to donate money to a …
Persistent link: https://www.econbiz.de/10012479534
This paper is aimed to assess, with two lab experiments, to what extent Kőszegi and Rabin's (2006) model of … design an experiment that treats the two goods (a mug and a pen) symmetrically in all but in the probabilities with which … they are expected to be owned. Thus, our "endowmentless" endowment effect experiment shuts down all alternative mechanisms …
Persistent link: https://www.econbiz.de/10012461942
Evidence from laboratory experiments suggests that important disparities exist between willingness to pay (WTP) and …
Persistent link: https://www.econbiz.de/10012462174