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Consumer products and services can often be described as mixtures of ingredients. Examples are the mixture of ingredients in a cocktail and the mixture of different components of waiting time (e.g., in-vehicle and out-of-vehicle travel time) in a transportation setting. Choice experiments may...
Persistent link: https://www.econbiz.de/10011257199
This discussion paper led to a publication in <A href="http://www.springerlink.com/content/n3w45lxj307m883m/">'Public Choice'</A> 109(3-4) 371-94.<P>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...</p></a>
Persistent link: https://www.econbiz.de/10011255463
maximization problem of the firm. As a result, monitoring and pay should be complements. In our experiment, between and within …
Persistent link: https://www.econbiz.de/10011255473
authority and responder.Both players in each pair have earned an own income in an individual realeffort decision …-making experiment preceding the take game. The gameconsists of two stages. In the first stage, the take authority decides howmuch income …-69, as: 'Emotional Hazard in a Power-to-Take Experiment'. …
Persistent link: https://www.econbiz.de/10011255559
riding. In this paper we report an attempt to reproduce the findings of Mas and Moretti in a lab experiment. Lab experiments … colleagues whom they observe. Although the subjects in our experiment are aware of the productivity of others and although there …
Persistent link: https://www.econbiz.de/10011255595
: individual decision making under risk and decision making in an interpersonal context. The influence of social comparison on … risky choices is explored in an experiment in which participants make a series of choices between lotteries with only … fixed payoff that is respectively higher and lower than all possible payoffs of the decision maker. In the neutral context …
Persistent link: https://www.econbiz.de/10011255676
verdict. In this experiment we examine the relationship between evidence of which the strength is known, subjective … acquired. Roughly half of the participants do not base their decision on a subjective belief of the probability of guilt. The …
Persistent link: https://www.econbiz.de/10011255690
what they think they are tasked with in the experiment. Adding a second auction that has a context drastically reduces the …
Persistent link: https://www.econbiz.de/10011255705
We investigate experimentally whether emotions affect bidding behavior in a firstprice auction. To induce emotions, we confront subjects after a first auction series with apositive or negative random economic shock. We then explore the relation between emotions andbidding behavior in a second...
Persistent link: https://www.econbiz.de/10011255774
majority teachers grade minority and majority students differently for the same work. Using an experiment, I rule out the …
Persistent link: https://www.econbiz.de/10011255870