Showing 1 - 10 of 148
by an experiment. Finally, we show how partial information transmission can lead to communication failure, and show how …
Persistent link: https://www.econbiz.de/10011256036
In the labor market, statistical discrimination occurs when employers' beliefs about workers' behavior induce different … beliefs of the employers are self-fulfilling. Theoretically and in an experiment, we investigate under what circumstances … statistical discrimination occurs. We confirm the experimental results of Fryer, Goeree and Holt (2005) who do not find systematic …
Persistent link: https://www.econbiz.de/10011256510
We experimentally study the strategic transmission of information in a setting where both cheap talk and money can be used for communication purposes. Theoretically a large number of equilibria exist side by side, in which senders either use costless messages, money, or a combination of the two....
Persistent link: https://www.econbiz.de/10011256889
side. We use the model to investigate the welfare effects of discrimination (also known as risk selection). We postulate … find that aggregate surplus decreases when risk aversion is high. When risk aversion is low however, discrimination …
Persistent link: https://www.econbiz.de/10011256965
We examine factors that may contribute to 'overconfidence' in relative ability on an intelligence test. We test experimentally for evidence of self-esteem concerns and instrumental strategic concerns. Errors in Bayesian updating are rare when the information does not involve own relative...
Persistent link: https://www.econbiz.de/10011255502
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 studies markets plagued with asymmetric information on the quality of traded goods. In Akerlof's setting, sellers are better informed than buyers. In contrast, we examine cases where buyers are better informed than sellers. This creates an inverse adverse selection problem: The market...
Persistent link: https://www.econbiz.de/10011256127
Does medical insurance affect health care demand and in the end contribute to improvements in the health status? Evidence for China for the year 2004, by means of the China Health and Nutrition Survey (CHNS), shows that health insurance does not affect health care demand in a significant manner....
Persistent link: https://www.econbiz.de/10011256284
We estimate the impact on health care utilization and out-of-pocket (OOP) expenditures of a major reform in Thailand that extended health insurance to one-quarter of the population to achieve universal coverage while keeping health spending below 4% of GDP. Identification is through comparison...
Persistent link: https://www.econbiz.de/10011256398
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