Showing 1 - 10 of 13
The article suggests a new explanation for cooperation in large, unstructured societies that avoids the restrictions required in most previous attempts. Our explanation deals with the role of internalized norms. Even internalized norms, i.e. norms that alter the perceived utility from acting in...
Persistent link: https://www.econbiz.de/10010429142
This paper tests motivational crowding out in the domain of charitable giving. A novelty is that our experiment isolates alternative explanations for the decline of giving such as strategic considerations of decision makers. Moreover, preference elicitation allows us to focus on the reaction of...
Persistent link: https://www.econbiz.de/10011796772
-monetary incentives on the usage of a sustainable Demand Responsive Transport (DRT) system. Financial incentives were implemented by … bus usage. The data show strong support that financial incentives excellently work to increase the demand for a … sustainable transport service. EcoBus rides nearly doubled during the intervention phase. Interestingly, non-financial incentives …
Persistent link: https://www.econbiz.de/10012223855
A lot of economic and social situations can be described as contests in which agents need to distribute scare resources. Individual behavior plays an important role within these situations, while identity strongly impacts on behavior. This paper asks how group identity impacts the provision of a...
Persistent link: https://www.econbiz.de/10011732431
Economic small group research points to groups as more rational decision-makers in numerous economic situations. However, no attempts have been made to investigate whether groups are affected similarly by behavioral biases that are pervasive for individuals. If groups were also able to more...
Persistent link: https://www.econbiz.de/10010244653
incentives for unbiased decisions and feedback on performance to more accurately implement market conditions. Despite these …
Persistent link: https://www.econbiz.de/10010254994
distinct incentives that forecasters face. While this notion has been considered theoretically and empirically, the underlying … robustness of coordination in a forecasting setting implementing contradictory incentives for accurate forecasts and coordination …
Persistent link: https://www.econbiz.de/10010254998
Economic small group research points to groups as more rational decision-makers in numerous economic situations. However, no attempts have been made to investigate whether groups are affected similarly by behavioral biases that are pervasive for individuals. If groups were also able to more...
Persistent link: https://www.econbiz.de/10011525580
incentives, feedback for learning effects and a rational strategy of unbiased predictions. We introduce an experimental design … significant anchoring effects. Without monetary incentives, the share of rational predictions drops from 42% to 15% in the anchor …'s presence. Monetary incentives reduce the average bias to one-third of its original value. Additionally, the average anchor bias …
Persistent link: https://www.econbiz.de/10009777356
This paper studies motivational crowding-out effects after financial incentives are lowered. In a real-effort setting …, workers receive a piece rate before financial incentives are substituted by a one-time payment. Under the fixed payment …, effort is significantly lower only when preceded by piece-rate incentives. The decrease is driven by a fraction of men who …
Persistent link: https://www.econbiz.de/10011598420