Showing 1 - 10 of 38
We study the implications of reciprocity on agenda setting in a sequential policy decision. We designed a laboratory … experiment in which a committee decides sequentially on three independent bills. Selfish committee members would turn down all … bills but reciprocity allows for implicit vote trading. This mechanism gives power to agenda setters. We find that agenda …
Persistent link: https://www.econbiz.de/10008740240
We experimentally show that current models of reciprocity are incomplete in a systematic way using a new variant of the …. Among the variety of reciprocity models, only one accommodates (rather than predicts) parts of our findings. We discuss ways …
Persistent link: https://www.econbiz.de/10010587853
Machiavelli advises against delegating the distribution of favors. We test this claim in an experiment, in which an …
Persistent link: https://www.econbiz.de/10008838448
We experimentally show that current models of reciprocity are in- complete in a systematic way using a new variant of … the variety of reciprocity models, only one accommodates (rather than predicts) parts of our ndings. The treatment e ect …
Persistent link: https://www.econbiz.de/10009131631
context. We investigate the impact of social preferences in a tournament using data from a laboratory experiment with two … tournaments. Moreover, we observe that collusion between the agents and reciprocity towards the principal are mutually exclusive. …
Persistent link: https://www.econbiz.de/10008462977
improves social welfare. Theories of reciprocity, in contrast, suggest that vertical integration can reduce social welfare if …
Persistent link: https://www.econbiz.de/10004970834
most frequently observed and discussed biases of financial investors. We investigate in a laboratory experiment whether the …
Persistent link: https://www.econbiz.de/10010735529
This paper presents results from an experiment on the effects of retail-price recommendations (RPRs) on consumer and …
Persistent link: https://www.econbiz.de/10010777752
peopleÕs interest in controlling who receives their private information. Participants of an experiment face the decision to …
Persistent link: https://www.econbiz.de/10010777753
potential market entrant in a repeated trade situation. In the experiment, buyer power can either occur as demand withholding …
Persistent link: https://www.econbiz.de/10010777754