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 …

In this paper we present an experiment on the false consensus effect. Unlike previous experiments, we provide monetary … incentives for revealing the actual estimation of others' behavior. In each session and round sixteen subjects make a choice …

by the collective rule is essential for the degree of support by the participants. -- cooperation ; experiment ; public …

In this experiment, we analyze strategic delegation in a Cournot duopoly. Owners can choose among two different … contracts which determine their managers' salaries. One contract simply gives managers incentives to maximize firm profits …, while the second contract gives an additional sales bonus. Although theory predicts the second contract to be chosen, it is …

, just as predicted by the theory, whereas average follower prices are not above average prices in the simultaneous market … simultaneous-move markets whereas first movers do not. As in theory, there is a significant first-mover disadvantage when firms …

implement his model of the absent-minded driver problem in an experiment and find, if subjects are repeatedly randomly rematched …

experiment of Berg, Dickhaut, and McCabe (1995). Another variation concerns the information about the multiplier of donations …? -- experiment ; reciprocity ; Trust ; game …