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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/10011255926
around. In this paper we test these predictions by means of a laboratory experiment. By and large our findings confirm …
Persistent link: https://www.econbiz.de/10011256678
A simple auction-theoretic framework is used to examine symmetric litigation environments where the legal ownership of a disputed asset is unknown to the court. The court observes only the quality of the case presented by each party, and awards the asset to the party presenting the best case....
Persistent link: https://www.econbiz.de/10011256628
-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.<p>This paper has been accepted by <A href …
Persistent link: https://www.econbiz.de/10011257530
We investigate experimentally the economic effects of wage taxation to finance unemployment benefits for a closed economy and an international economy. The main findings are the following. (i) There is clear evidence of a vicious circle in the dynamic interaction between the wage tax and...
Persistent link: https://www.econbiz.de/10011255591
use laboratory experiments to investigate how employers develop social structures for sharing information about the …
Persistent link: https://www.econbiz.de/10011255750
, pages 402-422.<P> A series of experiments in Albania and the Netherlands give us the opportunity to compare behavioral … they are audited, there is a fine for underreporting. This experiment was organized (separately) among high school pupils …
Persistent link: https://www.econbiz.de/10011255950
This paper reports the results of an individual real effort laboratory experiment where subjects are paid for measured …
Persistent link: https://www.econbiz.de/10011255986
these predictions, private information appears to have no impact on the investment levels observed in the experiment. A …
Persistent link: https://www.econbiz.de/10011255996
This paper investigates whether transactions where the buyer (or the seller) always moves first, andthe seller (or the buyer) always moves second in the exchange gives higher payoffs than exchangesin which it is randomly determined who moves first. We examine the effect of two...
Persistent link: https://www.econbiz.de/10011256061