Showing 1 - 10 of 58
This experimental study investigates how behavior changes after punishment for an unkind action. It also studies how fairness perceptions affect the reaction to punishment and whether this effect is consistent across repeated play and role experiences. A repeated version of the power-to-take...
Persistent link: https://www.econbiz.de/10005136864
In this paper we investigate experimentally the functioning of a wage tax financed unemployment benefit system on the development of the budget deficit, unemployment, and some other indicators of economic performance in an international economy. We find support for the hypothesis that...
Persistent link: https://www.econbiz.de/10005450715
Social preference models were originally constructed to explain two things: why people spend money to affect the earnings of others and why the income of others influences reported happiness. We test these models in a novel experimental situation where participants face a risky decision that...
Persistent link: https://www.econbiz.de/10009391881
verdict. In this experiment we examine the relationship between evidence of which the strength is known, subjective …
Persistent link: https://www.econbiz.de/10005209452
-based questionnaire before the experiment and participants’ preferences for resolution timing, risk, and time were incentive compatibly … measured during the experiment. Main findings are that delayed resolution can affect investment, that the effect depends on the …
Persistent link: https://www.econbiz.de/10005144438
emotions. This conjecture is tested in an experiment with real lottery tickets. We show that our theoretical considerations may …
Persistent link: https://www.econbiz.de/10008513217
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
This paper studies behavior in experiments with a linear voluntary contributions mechanism for public goods conducted in Japan, the Netherlands, Spain and the USA. The same experimental design was used in the four countries. Our 'contribution function' design allows us to obtain a view of...
Persistent link: https://www.econbiz.de/10005137040
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
The empirical economic growth literature is criticized for its lack of robustness. For different definitions of robustness, conclusions vary from 'almost every correlation is fragile' to 'a substantial number of explanatory variables are robust.' We re-analyze the empirical results of the...
Persistent link: https://www.econbiz.de/10005137163