Similar Search Results

The binary lottery procedure does not induce risk neutrality in the Holt & Laury and Eckel & Grossman tasks

Kirchkamp, Oliver; Oechssler, Joerg; Sofianos, Andis - In: Journal of economic behavior & organization : JEBO 185 (2021), pp. 348-369

Persistent link: https://www.econbiz.de/10012601250

How to deal with inconsistent choices on multiple price lists

Engel, Christoph; Kirchkamp, Oliver - In: Journal of economic behavior & organization : JEBO 160 (2019), pp. 138-157

Persistent link: https://www.econbiz.de/10012140057

Conditional cooperation and the effect of punishment

Kirchkamp, Oliver; Mill, Wladislaw - 2018

We study how punishment influences conditional cooperation. We ask two questions: 1) how does conditional cooperation change if a subject can be punished and 2) how does conditional cooperation change if a subject has the power to punish others. In particular, we disentangle the decision to be a...

Persistent link: https://www.econbiz.de/10011864590

Conditional cooperation and the effect of punishment

Kirchkamp, Oliver; Mill, Wladislaw - In: Journal of economic behavior & organization : JEBO 174 (2020), pp. 150-172

Persistent link: https://www.econbiz.de/10012288405

Spite vs. risk : explaining overbidding

Kirchkamp, Oliver; Mill, Wladislaw - 2019

In this paper we use an experiment to compare a theory of risk aversion and a theory of spite as an explanation for … overbidding in auctions. As a workhorse we use the second-price all-pay and the first-price winner-pay auction. Both risk and … spite can be used to rationalize deviations from risk neutral equilibrium bids in auctions. We exploit that equilibrium …

Persistent link: https://www.econbiz.de/10012002983