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Remote work arrangements and increased virtual communication are commonplace. Particularly in organizations, virtual communication has become an essential tool for collaboration and exchanging information. Virtual communication channels, such as text or video messages, provide different levels...
Persistent link: https://www.econbiz.de/10014528213
This paper investigates whether risk aversion and impatience are correlated with cognitive ability. We conduct incentive compatible choice experiments measuring risk aversion, and impatience over an annual time horizon, for a representative sample of roughly 1,000 German adults. A measure of...
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When behavioral biases have varying sizes, and the State seeks to correct behavior through compulsion, the question is how to design optimal compulsion. One argument is that the amount of compulsion should rise with the size of the bias to be "cured". A contrary argument is that since compulsion...
Persistent link: https://www.econbiz.de/10009009699
This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for money or to save mice. We compare a Baseline treatment where subjects are fully pivotal to a Diffused-Pivotality treatment where subjects simultaneously choose in groups of...
Persistent link: https://www.econbiz.de/10009764385
We test experimentally an explanation of over and under confidence as motivated by (perhaps unconscious) strategic … others ́statements of confidence about how well they have scored on an IQ test. In two-player tournaments where the highest … score wins, one is likely to enter at equilibrium when he knows that his stated confidence is higher than the other playerś …
Persistent link: https://www.econbiz.de/10010223063
There is growing interest in the use of loss contracts that offer performance incentives as upfront payments that employees can lose. Standard behavioral models predict a tradeoff in the use of loss contracts: employees will work harder under loss contracts than under gain contracts; but,...
Persistent link: https://www.econbiz.de/10010498625
Extending the die rolling experiment of Fischbacher and Föllmi-Heusi (2013), we compare gender effects with respect to unethical behavior by individuals and by two-person groups. In contrast to individual decisions, gender matters strongly under group decisions. We find more lying in male...
Persistent link: https://www.econbiz.de/10010412393