Showing 1 - 10 of 303
potentially divisible resource. We design an experiment to compare individuals’ decisions across three resource allocation …
Persistent link: https://www.econbiz.de/10011259038
laboratory experiment. In theory, the chopstick auction has an efficient equilibrium and is revenue equivalent with the second …-price sealed-bid auction in which the exposure problem is not present. In the experiment, however, we find that the chopstick …
Persistent link: https://www.econbiz.de/10011093725
, despite the absence of free-riding incentives. In a laboratory experiment, subjects indeed under-contribute relative to …
Persistent link: https://www.econbiz.de/10011109699
In this paper, we consider two-sided, many-to-one matching problems where agents in one side of the market (schools … imposed, a stable matching may not exist. We develop a strategyproof mechanism called Adaptive Deferred Acceptance mechanism …
Persistent link: https://www.econbiz.de/10011271676
In this paper, we consider two-sided, many-to-one matching problems where agents in one side of the market (hospitals … & Shapley (GS) mechanism is strategyproof, (iii) the obtained matching is stable, and (iv) the obtained matching is optimal for … cover most of existing works on strategyproof mechanisms that can handle distributional constraints in many-to-one matching …
Persistent link: https://www.econbiz.de/10011183136
we propose a fairness property called P-monotonicity that we would like a matching mechanism to satisfy. We show that …
Persistent link: https://www.econbiz.de/10011111196
first stage but not in the second stage. Our experiment provides evidence that winning is a component in a subject’s utility …
Persistent link: https://www.econbiz.de/10011258638
results of an experiment administered in the United States reported by Alm, Jackson and McKee (1992). The results for both … experiments, increasing the probability of audit always increases compliance; higher penalty rates are ineffective to increase …
Persistent link: https://www.econbiz.de/10011258964
A contest is a situation in which individuals or groups expend costly resources while competing to win a specific prize. The variety of economic situations that can be described as contests has attracted enormous attention from economic theorists. Despite the extensive theoretical research of...
Persistent link: https://www.econbiz.de/10011259262
We experimentally investigate the effect of social identification and information feedback on individual behavior in contests. In all treatments we find significant over-expenditure of effort relative to the standard theoretical predictions. Identifying subjects through photo display decreases...
Persistent link: https://www.econbiz.de/10011259314