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March, Christoph - 2016

The paper investigates social-learning when the information structure is not commonly known. Individuals repeatedly … interact in social-learning settings with distinct information structures. In each round of interaction, they use their … behavior in the long-run if and only if individuals distinguish social-learning settings and receive rich feedback after each …

Persistent link: https://www.econbiz.de/10012996206

Altruistic Observational Learning

March, Christoph - 2016

We report two information cascade game experiments that directly test the impact of altruism on observational learning … opportunities to learn about the strategies played by observed which amplifies the impact of altruism on observational learning …

Persistent link: https://www.econbiz.de/10012995188

Tax compliance under tax regime changes

Heinemann, Friedrich; Kocher, Martin G. - 2010

In this paper we focus on the compliance effects of tax regime changes. According to the economic model of tax evasion, a tax reform should affect compliance through its impact on tax rates and incentives. Our findings demonstrate the importance of at least two further effects not covered by the...

Persistent link: https://www.econbiz.de/10010427562

Impatience and Uncertainty: Experimental Decisions Predict Adolecents' Field Behavior

Sutter, Matthias; Kocher, Martin G.; Rützler, Daniela; … - 2010

We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to eighteen years, in an incentivized experiment. We relate experimental choices to field behavior. Experimental measures of impatience are found to be significant predictors of health...

Persistent link: https://www.econbiz.de/10010427581

An Experimental Test of Precautionary Bidding

Kocher, Martin G.; Pahlke, Julius; Trautmann, Stefan T. - 2010

Auctions often involve goods exhibiting a common knowledge ex-post risk that is independent of buyers’ private values or their signals regarding common value components. Esö and White (2004) showed theoretically that ex-post risk leads to precautionary bidding for DARA bidders: Agents reduce...

Persistent link: https://www.econbiz.de/10010427591

Tempus Fugit: Time Pressure in Risky Decisions

Kocher, Martin G.; Pahlke, Julius; Trautmann, Stefan T. - 2011

We study the effects of time pressure on risky decisions for pure gain prospects, pure loss prospects, and mixed prospects involving both gains and losses. In an experiment we find that risk aversion for gains is robust under time pressure whereas risk seeking for losses turns into risk aversion...

Persistent link: https://www.econbiz.de/10010427593

Monitoring and Pay: An Experiment on Employee Performance under Endogenous Supervision

Dittrich, Dennis A. V.; Kocher, Martin G. - 2011

We present an experimental test of a shirking model where monitoring intensity is endogenous and effort a continuous variable. Wage level, monitoring intensity and consequently the desired enforceable effort level are jointly determined by the maximization problem of the firm. As a result,...

Persistent link: https://www.econbiz.de/10010427614

Testing a forgotten aspect of Akerlof’s gift exchange hypothesis: Relational contracts with individual and uniform wages

Kocher, Martin G.; Luhan, Wolfgang J.; Sutter, Matthias - 2012

Empirical work on Akerlof’s theory of gift exchange in labor markets has concentrated on the fair wage-effort hypothesis. In fact, however, the theory also contains a social component that stipulates that homogenous agents that are employed for the same wage level will exert more effort,...

Persistent link: https://www.econbiz.de/10010427617

Strong, Bold, and Kind: Self-Control and Cooperation in Social Dilemmas

Kocher, Martin G.; Martinsson, Peter; Myrseth, Kristian … - 2012

We develop a model relating self-control, risk preferences and conflict identification to cooperation patterns in social dilemmas. We subject our model to data from an experimental public goods game and a risk experiment, and we measure conflict identification and self-control. As predicted, we...

Persistent link: https://www.econbiz.de/10010427625

Social preferences, accountability, and wage bargaining

Kocher, Martin G.; Poulsen, Odile; Zizzo, Daniel J. - 2012

We assess the extent of preferences for employment in a collective wage bargaining situation with heterogeneous workers. We vary the size of the union and introduce a treatment mechanism transforming the voting game into an individual allocation task. Our results show that highly productive...

Persistent link: https://www.econbiz.de/10010427643