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The Role of Information Feedback in Local Reserve Energy Auction Markets

Madlener, Reinhard; Rosen, Christiane - Institut für Future Energy Consumer Needs and Behavior … - 2013

last couple of decades, several studies on feedback information in games and its role in learning have been conducted. Some … of the most notable ones are the results in learning direction theory (Selten & Stoecker, 1986), impulse balance theory … learning and the change in bidder behavior for the divisible good auction case. However, the impact of the competitive …

Persistent link: https://www.econbiz.de/10010840304

Peer Effects in Risk Taking

Lahno, Amrei M.; Serra-Garcia, Marta - CESifo - 2012

We examine peer effects in risk taking with complete information and compare explanations for peer effects based on relative payoff concerns to explanations that allow peer choices to matter. We vary experimentally whether individuals can condition a simple lottery choice on the lottery choice,...

Persistent link: https://www.econbiz.de/10010739341

How competitiveness may cause a gender wage gap : experimental evidence

Heinz, Matthias; Normann, Hans-Theo; Rau, Holger A. - 2016

We show that choices in competitive behavior may entail a gender wage gap. In our experi ments, employees first choose a remuneration scheme (competitive tournament vs. piece rate) and then conduct a real-effort task. Employers know the pie size the employee has generated, the remuneration...

Persistent link: https://www.econbiz.de/10011433393

Looking at the bright side : the motivation value of overconfidence

Chen, Si; Schildberg-Hörisch, Hannah - 2018

obvious relevance for many contexts such as labor relations or learning at school. As a further conceptual contribution, we …

Persistent link: https://www.econbiz.de/10011849984

Private versus Public Feedback - The Incentive Effects of Symbolic Awards

Gerhards, Leonie; Siemer, Neele - School of Economics and Management, University of Aarhus - 2014

We experimentally compare the incentive effects of rewarding individuals for outstanding performance publicly versus privately. We implement two real-effort tasks, which differ in how prestigious subjects perceive working on them. In both tasks private and public feedback similarly enhances...

Persistent link: https://www.econbiz.de/10010851114

Awareness programs and change in taste-based caste prejudice

Banerjee, Ritwik; Gupta, Nabanita Datta - School of Economics and Management, University of Aarhus - 2014

Becker’s theory of taste-based discrimination predicts that relative employment of the discriminated social group will improve if there is a decrease in the level of prejudice for the marginally discriminating employer. In this paper we experimentally test this prediction offered by Becker...

Persistent link: https://www.econbiz.de/10010886797

Partial Coercion, Conditional Cooperation, and Self-Commitment in Voluntary Contributions to Public Goods

Cettolin, Elena; Riedl, Arno - CESifo - 2011

In this paper we experimentally investigate whether partial coercion can in combination with conditional cooperation increase contributions to a public good. We are especially interested in the behavior of the non-coerced populations. The main finding is that in our setting conditional...

Persistent link: https://www.econbiz.de/10009278128

An Experimental Analysis of Single vs. Multiple Bids in Auctions of Divisible Goods

Madlener, Reinhard; Rosen, Christiane - Institut für Future Energy Consumer Needs and Behavior … - 2013

In this paper we report on an experimental examination of the comparison between multiple and single bids in a discriminatory-price procurement auction of divisible goods. Having been inspired by energy trading, sellers with a portfolio comprising several cost-quantity pairs bid into a market...

Persistent link: https://www.econbiz.de/10010840300

The Impact of Losing in a Competition on the Willingness to Seek Further Challenges

Buser, Thomas - CESifo - 2014

How do people react to setbacks and successes? I introduce a new measure of challenge-seeking to determine the effect of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment compete in two-person tournaments and are then informed of...

Persistent link: https://www.econbiz.de/10010812497

Reciprocity and Emotions: Arousal, Self-Reports, and Expectations

Ben-Shakhar, Gershon; Bornstein, Gary; Hopfensitz, Astrid; … - CESifo - 2004

Although reciprocity is a key concept in the social sciences, it is still unclear why people engage in costly reciprocation. In this study, physiological and self-report measures were employed to investigate the role of emotions, using the Power-to-Take Game. In this 2-person game, player 1 can...

Persistent link: https://www.econbiz.de/10005766252