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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
Similar to Levati and Neugebauer (2001), a clock is used by which participants can vary their individual contributions for voluntarily providing a public good. As time goes by, participants either in(de)crease their contribution gradually or keep it constant. Groups of two poorly and two richly...
Persistent link: https://www.econbiz.de/10009620765
implement his model of the absent-minded driver problem in an experiment and find, if subjects are repeatedly randomly rematched … driver's problem. -- experiments ; imperfect recall ; the absent-minded driver's paradox …
Persistent link: https://www.econbiz.de/10009583877
In this experiment, we analyze strategic delegation in a Cournot duopoly. Owners can choose among two different …
Persistent link: https://www.econbiz.de/10009583883
rewarding someone else. We perform corresponding experiments which use a similar underlying structure as the reciprocity … experiment of Berg, Dickhaut, and McCabe (1995). Another variation concerns the information about the multiplier of donations …? -- experiment ; reciprocity ; Trust ; game …
Persistent link: https://www.econbiz.de/10009583886
We investigate simultaneous and sequential price competition in duopoly markets with differentiated products. In both markets symmetric firms are repeatedly and randomly matched. The strategy method is used to elicit behavior in the sequential market. We find that average leader prices in the...
Persistent link: https://www.econbiz.de/10009617949
In this experimental study we analyse three collective and one individual punishment rule in a public good setting. We … show that under all punishment rules cooperation is stronger and more sustainable than reported from settings without … punishment. Moreover, we present evidence and explanations for differences between the rules concerning punishment intensity …
Persistent link: https://www.econbiz.de/10009627290
This paper presents the results of experiments carried out in two countries, Germany and Bulgaria, and for different …
Persistent link: https://www.econbiz.de/10009583890
In standard rational choice modelling decisions are made according to given information and preferences. In the model presented here the 'information technology' of individual decision makers as well as their preferences evolve in a dynamic process. In this process decisions are made rationally...
Persistent link: https://www.econbiz.de/10009578580
experiment where respondents have to detect corner solutions, that is, they should allocate to the venture either the maximum or … Allocation Strategy ; Entrepreneurship ; Questionnaire Experiment …
Persistent link: https://www.econbiz.de/10009583426