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The Effect of Financial Incentives and Task-specific Cognitive Abilities on Task Performance
Rydval, Ondrej - Wirtschaftswissenschaftliche Fakultät, … - 2011
We extend evidence on the interaction between financial incentives and cognitive abilities by focusing on the effect of task-specific abilities. In a memory-intensive task situated in an accounting context, the effect of accounting education on performance is stronger under financial incentives...
Persistent link: https://www.econbiz.de/10009358647
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Allocation, externalities, and the fair division approach: An experimental study
Weiland, Torsten - Wirtschaftswissenschaftliche Fakultät, … - 2008
We experimentally investigate four allocation mechanisms - all based on the fair division approach, with varying bid … elicitation methods and price rules - in terms of their allocation efficiency, distributional effects, and regularities in … complicating an efficient allocation. Indeed, observed bidding is dominated by strategic reporting which, however, only marginally …
Persistent link: https://www.econbiz.de/10005090587
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Social Preferences? Google Answers!
Regner, Tobias - Wirtschaftswissenschaftliche Fakultät, … - 2009
We analyse pricing, effort and tipping decisions in the online service "Google Answers" While users set a price for the answer to their question ex ante, they can additionally give a tip to the researcher ex post. In line with the related experimental literature we find evidence that tipping is...
Persistent link: https://www.econbiz.de/10005012075
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Do Consumers Pay Voluntarily? The Case of Online Music
Regner, Tobias; Barria, Javier A. - Wirtschaftswissenschaftliche Fakultät, … - 2007
The paper analyses the payment behaviour of customers of the online music label Magnatune. Customers may pay what they want for albums, as long as the payment is within a given price range ($5-$18). Magnatune’s comprehensive pre-purchase access facilitates music discovery and allows an...
Persistent link: https://www.econbiz.de/10005090464
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The Interaction between Financial Incentives and Task-specific Cognitive Capital: More Evidence in Support of Camerer and Hogarth (1999)
Rydval, Ondrej - Wirtschaftswissenschaftliche Fakultät, … - 2007
This paper extends existing evidence on the interaction between financial incentives and cognitive capital. I focus on the impact of task-specific cognitive capital, the role of which is central to the capital-labor-production framework of Camerer and Hogarth (1999) and has long been studied in...
Persistent link: https://www.econbiz.de/10005090505
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Uncertainty effect revisited using physical lottery format
Rydval, Ondrej; Ortmann, Andreas; Prokosheva, Sasha; … - Wirtschaftswissenschaftliche Fakultät, … - 2009
We replicate three pricing tasks of Gneezy, List and Wu (2006) for which they document the so called uncertainty effect, namely that people value a binary lottery over non-monetary outcomes less than other people value the lottery's worse outcome. Unlike the authors who implement a verbal...
Persistent link: https://www.econbiz.de/10005090512
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Valuing A Risky Prospect Less Than Its Worst Outcome: Uncertainty Effect or Task Ambiguity?
Ortmann, Andreas; Prokosheva, Alexandra; Rydval, Ondrej; … - Wirtschaftswissenschaftliche Fakultät, … - 2007
Gneezy, List and Wu [Q. J. Econ. 121 (2006) 1283-1309] document that lotteries are often valued less than the lotteries’ worst outcomes. We show how to undo this result.
Persistent link: https://www.econbiz.de/10005090599
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Will You Accept Without Knowing What? A Thuringian Newspaper Experiment of the Yes-No Game
Güth, Werner; Kirchkamp, Oliver - Wirtschaftswissenschaftliche Fakultät, … - 2010
experiment to learn more about external validity of lab research. Our workhorse is the Yes-No game. Unlike in ultimatum games …
Persistent link: https://www.econbiz.de/10008497738
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Bargaining and Negotiations What should experimentalists explore more thoroughly?
Güth, Werner - Wirtschaftswissenschaftliche Fakultät, … - 2011
A long time ago most economists would have limited themselves to stating that agreements should be individually rational and efficient and that selecting a specific agreement from that set depends on bargaining and negotiation power whatever that may be. Nowadays hardly any economist will argue...
Persistent link: https://www.econbiz.de/10008852417
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On the Channels of Pro-Social Behavior Evidence from a natural field experiment
Koppel, Hannes; Schulze, Günther G. - Wirtschaftswissenschaftliche Fakultät, … - 2009
We conduct a natural field experiment on direct and indirect transfer mechanisms for small donations. Charitable …
Persistent link: https://www.econbiz.de/10008473489