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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/10010324476
This experimental study investigates how behavior changes after punishment for an unkind action. It also studies how fairness perceptions affect the reaction to punishment and whether this effect is consistent across repeated play and role experiences. A repeated version of the power-to-take...
Persistent link: https://www.econbiz.de/10010325446
This paper is concerned with a policy oriented macroeconomic experiment involving an 'international' economy with a …
Persistent link: https://www.econbiz.de/10010324982
In the reported experiment different payment schemes are examined on theirincentive effects. Payment based on …
Persistent link: https://www.econbiz.de/10010324549
The formation of social ties is examined in an experimental study of voluntary public good provision. The experiment …
Persistent link: https://www.econbiz.de/10010324555
emotions. This conjecture is tested in an experiment with real lottery tickets. We show that our theoretical considerations may …
Persistent link: https://www.econbiz.de/10010325695
-based questionnaire before the experiment and participants' preferencesfor resolution timing, risk, and time were incentive compatibly … measured during the experiment.Main findings are that delayed resolution can affect investment, that the effect depends on the …
Persistent link: https://www.econbiz.de/10010325960
experiment) or a budget that is provided to them likea sort of manna from heaven(no-effort experiment) . We use the so … moreoften and a greater amount on aggregate in the no-effort experiment;responders more often choosean intermediate amount of … destruction in the no-effort experiment;the behavior of take authorities does not depend on effort;responders expect lower take …
Persistent link: https://www.econbiz.de/10010324584
In a series of experiments, we compare a situation where the same group of four subjects plays 25 repetitions of a …
Persistent link: https://www.econbiz.de/10010324650
This paper experimentally investigates investment behavior.We find that global risk – i.e. risk independent of an agent’sinvestment decision (like political risk) – substantiallydecreases investment. Also effort to obtain the capital usedfor investment decreases investment substantially....
Persistent link: https://www.econbiz.de/10010324995