Showing 1 - 10 of 225
contractual incompleteness. In our experiment, one principal is matched with two agents. The principal pays equal wages in one …
Persistent link: https://www.econbiz.de/10003854042
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
the causal relationship running from inequality to instability. Specifically, we conduct a laboratory experiment. In the … experiment, two groups are interacting with each other repeatedly and have an incentive to cooperate even though cooperation … comes at the cost of inter-group inequality. In the second half of the experiment, we vary the extent of the inequality …
Persistent link: https://www.econbiz.de/10014444823
causal relationship running from inequality to social instability. We run a laboratory experiment in which two groups …
Persistent link: https://www.econbiz.de/10014529307
observed to act in isolation from each other. In this paper we use a large-scale dictator game experiment (N = 850) to show …
Persistent link: https://www.econbiz.de/10011434301
" present who can also offer help. We designed an experiment to re-examine this "bystander effect" using modified dictator games …
Persistent link: https://www.econbiz.de/10011764262
Numerous studies have investigated how people resolve intertemporal trade-offs in individual decision making, but little is known about how the timing of costs and benefits affects behavior in strategic decision situations. Here, we experimentally study how delayed costs and/or benefits affect...
Persistent link: https://www.econbiz.de/10011906687
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
The "grammar of trust" is one the most explored loci in game theory and behavioural economics. However, still much needs to be understood about the nature of trust in non-enforceable, personalised interactions, in markets and within organizations. This experimental study aims at contributing to...
Persistent link: https://www.econbiz.de/10011391585
conduct a laboratory experiment where firms decide only about their production levels first, and the information they receive …
Persistent link: https://www.econbiz.de/10010530643