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. We do so in procurement settings where the buyer can give the winning bidder incentives to exert effort on non …-price dimensions after the auction. Both auctions theoretically implement the surplus maximizing mechanism. Our experiment confirms …
Persistent link: https://www.econbiz.de/10011255455
Many organizations use procurement tenders to buy large amounts of goods and services. Especially in the public sector …
Persistent link: https://www.econbiz.de/10011256772
implies that transaction costs as part of total costs of ownership carry a large weight in procurement decisions. An analysis …
Persistent link: https://www.econbiz.de/10011257331
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
-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
risky choices is explored in an experiment in which participants make a series of choices between lotteries with only …
Persistent link: https://www.econbiz.de/10011255676
verdict. In this experiment we examine the relationship between evidence of which the strength is known, subjective …
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