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The effects of stake size on cooperation and punishment are investigated using a public goods experiment. We find that …
Persistent link: https://www.econbiz.de/10011257415
We analyze a simple model of local public good provision in a country consisting of a large number of heterogeneous regions, each comprising two districts, a city and a village. When districts remain autonomous and local public goods have positive spillover effects on the neighbouring district,...
Persistent link: https://www.econbiz.de/10011256509
committee, in whicha subset of members may meet prior to the voting in the committeeand therefore has the possibility to reach … the setting of interest rates by the committee, provided thatmembers on average are equally skilled and voting takes place …
Persistent link: https://www.econbiz.de/10011257062
qualityhas been acquired or not, we compare the performance of a delegation structure with that oftwo voting procedures …. Delegation makes one's acceptance decision pivotal by definition.The decisiveness of one's vote in a voting procedure depends on …
Persistent link: https://www.econbiz.de/10011257239
A firm may induce voters or elected politicians to support a policy it favors by suggesting that it is more likely to invest in a district whose voters or representatives support the policy. In equilibrium, no one vote may be decisive, and the policy may gain strong support though the majority...
Persistent link: https://www.econbiz.de/10011257421
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 … than in the stable environment. This finding is in line with standard agency theory and contrasts a distinct element of … expectancy theory; noisier performance measures do not lower work motivation.<P>This discussion paper has resulted in a …
Persistent link: https://www.econbiz.de/10011255986
seller has private information about his alternative trading opportunities. Theory predicts that, compared with a situation … 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