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. However, when the traded rights are secured through unproductive rent-seeking contests, the tradeability of the rents may …
Persistent link: https://www.econbiz.de/10005136949
of a laboratory experiment. By and large our findings confirm standard theory. Incentive instruments typically become …
Persistent link: https://www.econbiz.de/10005137154
-order contests with complete information, in which each player's strategy generates direct or indirect affine "spillover" effects … important economic environments, as well as in classic contests adapted to recent experimental and behavioral models where …, tournaments, R&D races, models of ligitation, and a host of other contests. …
Persistent link: https://www.econbiz.de/10004964456
(MUA) model. We find that pivotal suppliers do indeed exercise their market power in the experiments. We also find that …
Persistent link: https://www.econbiz.de/10008838542
This study uses the methods of experimental economics to investigate possible causes for the failure of the Hotelling rule for nonrenewable resources. We argue that as long as resource stocks are high enough, producers may choose to (partially) ignore the dynamic component of their production...
Persistent link: https://www.econbiz.de/10008838549
We use laboratory experiments to investigate how employers develop social structures for sharing information about the …
Persistent link: https://www.econbiz.de/10008838611
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