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Did We Overestimate the Role of Social Preferences? The Case of Self-Selected Student Samples
Falk, Armin; Meier, Stephan; Zehnder, Christian - 2021
behavior of students and the general population in a trust experiment. We find very similar behavioral patterns for the two …
Persistent link: https://www.econbiz.de/10013316160
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An Externality-Robust Auction : Theory and Experimental Evidence
Bartling, Björn - 2014
An auction is externality-robust if unilateral deviations from equilibrium leave the other bidders' payoffs unaffected … externalities due to spiteful preferences, which have been used to explain overbidding in the second-price auction (SPA). Another … example are cross-shareholdings between companies that compete in an auction. We derive an auction that coincides with the SPA …
Persistent link: https://www.econbiz.de/10013054012
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Behavioral and Experimental Economics can Inform Public Policy : Some Thoughts
Riedl, Arno - 2010
Experimental and behavioral economics are well established branches in the economic science. This essay presents and discusses some results and behavioral regularities from these fields which are of potential importance for public policy. After a brief introduction of what experimental and...
Persistent link: https://www.econbiz.de/10013149003
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Security of Property as a Public Good : Institutions, Socio-Political Environment and Experimental Behavior in Five Countries
Campos-Ortiz, Francisco; Putterman, Louis; Ahn, T. K.; … - 2021
We study experimentally the protection of property in five widely distinct countries - Austria, Mexico, Mongolia, South Korea and the United States. Our main results are that the security of property varies with experimental institutions, and that our subject pools exhibit significantly...
Persistent link: https://www.econbiz.de/10013315835
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A Theory of Experimenters
Banerjee, Abhijit V. - 2017
This paper proposes a decision-theoretic framework for experiment design. We model experimenters as ambiguity …
Persistent link: https://www.econbiz.de/10012944972
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The Effect of Incentives of Real Effort : Evidence from the Slider Task
de Araujo, Felipe Augusto - 2015
Real-effort experiments are frequently used when examining a response to incentives. For any particular real-effort task to be well-suited for such an exercise, subjects' cost for exerting effort must, for the range of incentives considered, result in an interior effort choice. The popular...
Persistent link: https://www.econbiz.de/10013021431
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Testing the Waters : Behavior Across Participant Pools
Snowberg, Erik - 2018
We leverage a large-scale incentivized survey eliciting behaviors from (almost) an entire university student population, a representative sample of the U.S. population, and Amazon Mechanical Turk (MTurk) to address concerns about the external validity of experiments with student participants....
Persistent link: https://www.econbiz.de/10012912665
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Fairness in Winner-Take-All Markets
Bartling, Björn - 2018
The paper reports the first experimental study on people's fairness views on extreme income inequalities arising from winner-take-all reward structures. We find that the majority of participants consider extreme income inequality generated in winner-take-all situations as fair, independent of...
Persistent link: https://www.econbiz.de/10012915504
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The Way in Which an Experiment is Conducted is Unbelievably Important : On the Experimentation Practices of Economists and Psychologists
Ortmann, Andreas - 2010
To discuss experimental results without discussing how they came about makes sense when the results are robust to the way experiments are conducted. Experimental results, however, are – arguably more often than not – sensitive to numerous design and implementation characteristics such as the...
Persistent link: https://www.econbiz.de/10013149365
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Pay-What-You-Want to Support Independent Information - A Field Experiment on Motivation
Casarico, Alessandra - 2018
readership, therefore guaranteeing maximum diffusion. We conduct a field experiment with the Italian information site lavoce …
Persistent link: https://www.econbiz.de/10012920114