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Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered by the lack of a suffciently comprehensive theoretical framework to interpret empirical facts and to predict yet untested relations. We present a life-cycle model that...
Persistent link: https://www.econbiz.de/10008484063
We consider repeated trust game experiments to study the interplay between explicit and relational incentives. After …
Persistent link: https://www.econbiz.de/10005016258
Tax Liability Side Equivalence (tax LSE) claims that the statutory incidence of a tax is irrelevant for its economic incidence. In gift-exchange labor markets, firms provide a gift to workers by paying high wages, and workers reciprocate by providing high efforts. Tax LSE is theoretically...
Persistent link: https://www.econbiz.de/10005795580
A series of experiments in Albania and the Netherlands give us the opportunity to compare behavioral patterns related … audited, there is a fine for underreporting. This experiment was organized (separately) among high school pupils, high school …
Persistent link: https://www.econbiz.de/10005137024
conducted a real effort fairness experiment where people in two of the world's richest countries, Norway and Germany, interacted … directly with people in Uganda and Tanzania, two of the world's poorest countries. In this experiment, the participants were …. First, entitlement considerations are crucial in explaining the distributive behavior of rich people in the experiment …
Persistent link: https://www.econbiz.de/10005137059
One of the main findings of a large body of gift exchange experiments is that in an incomplete contracts environment …
Persistent link: https://www.econbiz.de/10005137214
these predictions, private information appears to have no impact on the investment levels observed in the experiment. A …
Persistent link: https://www.econbiz.de/10005137223
We examine the force of three types of behavioral dynamics in quantity-setting triopoly experiments: <OL> <LI … dynamic conduct lead to the competitive, the collusive, and the Cournot-Nash outcome, respectively. In the experiment we …
Persistent link: https://www.econbiz.de/10005137324
contract terms. This paper presents results from an experiment designed to address the importance of default breach remedies …
Persistent link: https://www.econbiz.de/10005144419
Recent theoretical work shows that folk theorems can be developed for infinite overlapping generations games. Cooperation in such games can be sustained as a Nash equilibrium. Besides the efficient cooperative equilibrium there is also the inefficient non-cooperative equilibrium. This paper...
Persistent link: https://www.econbiz.de/10005144485