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experiments. …
Persistent link: https://www.econbiz.de/10011170136
This experiment investigates contests between groups. Each group has one strong player, with a higher valuation for the prize, and two weak players, with lower valuations. In contests where individual efforts are perfect substitutes, all players expend significantly higher efforts than predicted...
Persistent link: https://www.econbiz.de/10011111607
I show how improper conditioning of beliefs can lead to under-contribution in public goods environments with interdependent values. I consider a simple model of a binary, excludable public good. In equilibrium, provision of the public good is good news about its value. Naive players who...
Persistent link: https://www.econbiz.de/10011109699
Besides the theoretical approach, the paper also includes an research conducted with students of the Faculty of Jornalism and Communication at the University of Bucarest. The main objective of this research was to determine the extent to which the media fiction (television series for youth)...
Persistent link: https://www.econbiz.de/10011257700
Is free-riding in teams reduced when one member receives a signal on his colleagueís performance? And how does free-riding depend on the signal's type? We address these questions in experimental teams in which two agents sequentially exert effort to contribute to the team output. We vary the...
Persistent link: https://www.econbiz.de/10008528717
We study the effects of communication in an experimental tournament between teams. When teams, rather than individuals, compete for a prize there is a need for intra-team coordination in order to win the inter-team competition. Introducing communication in such situations may have ambiguous...
Persistent link: https://www.econbiz.de/10005187320
Costless pre-play communication has been found to effectively facilitate coordination and enhance efficiency in games with Pareto-ranked equilibria. We report an experiment in which two groups compete in a weakest-link contest by expending costly efforts. Allowing intra-group communication leads...
Persistent link: https://www.econbiz.de/10011113027
We assess the extent of preferences for employment in a collective wage bargaining situation with heterogeneous workers. We vary the size of the union and introduce a treatment mechanism transforming the voting game into an individual allocation task. Our results show that highly productive...
Persistent link: https://www.econbiz.de/10010897346
' of experiments, this was done by presenting subjects with a pre-specified game out of a huge variety of rules. A 'second … generation' of experiments introduced subjects to two different environments and had subjects choose between those. The present … rule sets for the public-good problem. Whereas preceding 'third-generation' experiments had subjects design and improve …
Persistent link: https://www.econbiz.de/10005108453
In the present essay we examine whether and how sports affected the emergence of democracy as a political phenomenon in Classical Greece. To achieve this we introduce in a model the concept of macroculture as a complex of mutually supporting values, norms and beliefs in various areas of human...
Persistent link: https://www.econbiz.de/10011258402