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employees to accept lower wages as well? As an alternative to reviewing statistical data, we have performed an experiment with a … lower competitive wage in the second phase of an employment relationship that is known to both parties. The experiment casts …
Persistent link: https://www.econbiz.de/10009578579
We present an experiment where two players bargain with a third player. They can bargain either separately or form a …
Persistent link: https://www.econbiz.de/10009582417
administered incentives. -- principal agent ; experiment ; specific human capital …
Persistent link: https://www.econbiz.de/10009580472
We study whether selection affects motivation. In our experiment subjects first answer a personality questionnaire …
Persistent link: https://www.econbiz.de/10009625802
We examine learning behavior in auctions and Fair division games with independent private values under two different price rules, first and second price. Participants face these four games repeatedly and submit complete bid functions rather than single bids. This allows us to examine whether...
Persistent link: https://www.econbiz.de/10009581102
bidders. In our experiment participants face four auction types (first versus second price - auction versus fair division game …
Persistent link: https://www.econbiz.de/10009582405
This paper presents the results of experiments carried out in two countries, Germany and Bulgaria, and for different allocation rules (first vs. second price auction vs. fair division game). The data analysis of the sealed-bid, private value-contests compares the bid function in both countries,...
Persistent link: https://www.econbiz.de/10009583890
In this note we present an experiment to compare the two competing fairness theories by Bolton / Ockenfels and Fehr … difficult to compare their predictive accuracy. We designed a very simple experiment that induces opposing predictions made by …
Persistent link: https://www.econbiz.de/10009583893
Experimental studies have shown that trust and reciprocity are effective in increasing efficiency when complete …
Persistent link: https://www.econbiz.de/10009612013
Retributive responses do play a role in human behavior. Whether they are primarily triggered by supposed intentions or by observed consequences of actions is an important question. It can be addressed by experimental studies of retributive responses in situations in which the individual actor...
Persistent link: https://www.econbiz.de/10009612563