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Promoting cooperation : the distribution of reward and punishment power

Nosenzo, Daniele; Sefton, Martin - 2012

Recent work in experimental economics on the effectiveness of rewards and punishments for promoting cooperation mainly examines decentralized incentive systems where all group members can reward and/or punish one another. Many self-organizing groups and societies, however, concentrate the power...

Persistent link: https://www.econbiz.de/10009578208

How do risk attitudes affect measured confidence?

Murad, Zahra; Sefton, Martin; Starmer, Chris - 2015

We examine the relationship between confidence in own absolute performance and risk attitudes using two confidence elicitation procedures: self-reported (non-incentivised) confidence and an incentivised procedure that elicits the certainty equivalent of a bet based on performance. The former...

Persistent link: https://www.econbiz.de/10011434351

Communication with partially verifiable information : an experiment

Burdea, Valeria; Montero, María; Sefton, Martin - 2018

We use laboratory experiments to study communication games with partially verifiable information. In these games, based on Glazer and Rubinstein (2004, 2006), an informed sender sends a two-dimensional message to a receiver, but only one dimension of the message can be verified. We compare a...

Persistent link: https://www.econbiz.de/10011897228

Communication with partially verifiable information : an experiment

Burdea, Valeria; Montero, María; Sefton, Martin - 2020

Persistent link: https://www.econbiz.de/10012239483

Do forward markets enhance competition? : Experimental evidence

Le Coq, Chloé (contributor); Orzen, Henrik (contributor) - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002364831

Experimental economics and the "artificiality of alteration"

Bardsley, Nicholas (contributor) - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002364943

Leaders as role models for the voluntary provision of public goods

Gächter, Simon; Renner, Elke - 2014

We investigate the link between leadership, beliefs and pro-social behavior. This link is interesting because field evidence suggests that people's behavior in domains like charitable giving, tax evasion, corporate culture and corruption is influenced by leaders (CEOs, politicians) and beliefs...

Persistent link: https://www.econbiz.de/10010417195

How do risk attitudes affect measured confidence?

Murad, Zahra; Sefton, Martin; Starmer, Chris - 2014

We examine confidence in own absolute performance using two elicitation procedures: selfreported (non-incentivised) confidence and an incentivised procedure that elicits the certainty equivalent of a bet based on performance. The former procedure reproduces the "hard-easy effect" (overconfidence...

Persistent link: https://www.econbiz.de/10010344292

Fungibility, labels and consumption

Abeler, Johannes; Marklein, Felix - 2010

Fungibility of money is a central assumption in the theory of consumer choice: any unit of money is substitutable for … another. This implies that the composition of income or wealth is irrelevant for consumption. We find in a field experiment … of their budget, subjects change consumption according to the label. A controlled laboratory experiment confirms this …

Persistent link: https://www.econbiz.de/10008699736

Heterogeneity and cooperation in privileged groups : the role of capability and valuation on public goods provision

Kolle, Felix - 2012

We experimentally investigate cooperation in privileged groups which according to Olson (1965) are groups in which at least one member has an incentive to supply a positive amount of the public good. More specifically, we analyze group member heterogeneity with respect to two dimensions:...

Persistent link: https://www.econbiz.de/10009578217