Showing 1 - 10 of 46
This paper experimentally investigates social learning in a two-agent prediction game with both exogenous and …. We find that more efficient observational learning leads to more accurate predictions in the endogenous treatments and … strength. Simultaneous decisions in endogenous ordering avoid observational learning and compensate the higher degree of …
Persistent link: https://www.econbiz.de/10009779323
We study the coexistence of strategies in the indirect reciprocity game where agents have access to second-order information. We fully characterize the evolutionary stable equilibria and analyze their comparative statics with respect to the cost-benefit ratio (CBR). There are indeed only two...
Persistent link: https://www.econbiz.de/10012005678
In this paper we provide choice-process experimental evidence that the attraction effect is a short-term phenomenon, that disappears when individuals are given time and incentives to revise their choices. The attraction (or decoy) effect is the most prominent example of context effects, and it...
Persistent link: https://www.econbiz.de/10012135537
We study the coexistence of strategies in the indirect reciprocity game where agents have access to second-order information. We fully characterize the evolutionary stable equilibria and analyze their comparative statics with respect to the cost-benefit ratio (CBR). There are indeed only two...
Persistent link: https://www.econbiz.de/10012011743
In this paper, we discuss learning behavior and the heterogeneity of subjects' ability to perform in real-effort tasks …. Afterwards, we present a novel variant of Erkal et al.'s (2011) encryption real-effort task which aims to minimize learning …-randomization mechanism to minimize learning and heterogeneity. Existing experiments with repeated real-effort tasks find a performance …
Persistent link: https://www.econbiz.de/10011807098
information is subject to multipliereffects inherent to social learning. We build upon the static case, where all agents receive a … dissemination of public information is thus considerably lower than the static case suggests. If the social learning signal is …
Persistent link: https://www.econbiz.de/10011349468
The objective of this paper is to look into the probability that, given the choice, corporate groups would opt for taxation on a consolidated basis. Consolidation would allow them to offset losses crossborder but remove the opportunity to exploit international tax-rate differentials between...
Persistent link: https://www.econbiz.de/10010259636
In this paper, we investigate in a controlled laboratory experiment physician behavior in the case of payment heterogeneity. In the experiment, each physician provides medical care to patients whose treatments are paid for either under fee-for-service (FFS) or capitation (CAP). We observe that...
Persistent link: https://www.econbiz.de/10010410642
In an experiment on moral cleansing with an endogenously manipulated moral self-image, we examine the relevance of the addressee of an immoral action. The treatments differ such that cheating on a die roll reduces either the experimenterś or another subjectś payoff. We find that cheating is...
Persistent link: https://www.econbiz.de/10010490151
Certificate trading schemes have been discussed as a cost-efficient means of reducing land use in Germany by capping and reallocating permissions to conduct building projects. However, in contrast to the established cap & trade systems for emissions, reputation-seeking politicians would be in...
Persistent link: https://www.econbiz.de/10010457128