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also on the decisions of others. In the present article, we review the literature on decision making made by groups of the …
Persistent link: https://www.econbiz.de/10013111990
tenure decision. The increase in test score value-added was largest for the teachers with more ability to improve students …
Persistent link: https://www.econbiz.de/10014079145
We consider a principal-agent relationship with adverse selection. Principals pay informational rents due to asymmetric information and sell their output in a homogeneous Cournot-oligopoly. We find that asymmetric information may mitigate or more than compensate the welfare reducing impact of...
Persistent link: https://www.econbiz.de/10014243167
eighteen years, in an incentivized experiment and relate experimental choices to field behavior. Experimental measures of …
Persistent link: https://www.econbiz.de/10013118350
(reduced net operating surplus) due to the extension of the youth voting franchise mainly appear in governments with low party …
Persistent link: https://www.econbiz.de/10014357513
framed field experiment, we let 142 three to six-year old preschool children allocate a fixed endowment between an in …
Persistent link: https://www.econbiz.de/10012892188
between gender norms and labor-supply expectations within a survey experiment among 2,000 German adolescents. Using a … persist in a follow-up survey two weeks later, and extend to incentivized outcomes. In a second experiment, we highlight …
Persistent link: https://www.econbiz.de/10013315205
and decision time. Overall, the data show that more people follow the default if the nudge is made transparent. More … importantly, though, effects of transparency differ depending on whether people are fast or slow in their decision making. In … particular, (only) slow decision makers react more positively (keeping the default) if nudging is made transparent. Moreover, the …
Persistent link: https://www.econbiz.de/10014345559
Theory of mind and individual preferences are important determinants in social decision making. The current study … examined in a large sample whether being a cooperative preference type is related with better theory of mind skills …. Furthermore, by testing adolescents and adults, we examined the impact of age on this relation. Theory of mind is measured in a …
Persistent link: https://www.econbiz.de/10010291540
Information asymmetries can prevent markets from operating efficiently. An important example is the labor market, where employers face uncertainty about the productivity of job candidates. We examine theoretically and with laboratory experiments three key questions related to hiring via...
Persistent link: https://www.econbiz.de/10012871752