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How uncertainty and ambiguity in tournaments affect gender differences in competitive behavior
Balafoutas, Loukas; Sutter, Matthias - 2019
studied in a controlled lab experiment. We present a novel experiment where subjects can compete against each other, but the …
Persistent link: https://www.econbiz.de/10012110581
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Competitiveness of entrepreneurs and salaried workers
Balafoutas, Loukas; Batsaikhan, Mongoljin; Sutter, Matthias - 2021
We measure the willingness to compete of entrepreneurs and salaried workers in an experiment. We let participants …
Persistent link: https://www.econbiz.de/10012659958
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Serving consumers in an uncertain world: A credence goods experiment
Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2023
Credence goods markets are prone to fraudulent behavior and market inefficiencies due to informational asymmetries between sellers and customers. We examine experimentally the effects of diagnostic uncertainty and insurance coverage on the information acquisition and provision decisions by...
Persistent link: https://www.econbiz.de/10014471682
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Diagnostic uncertainty and insurance coverage in credence goods markets
Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2020
framework. We test the model's predictions in a laboratory experiment. Both in theory and in the experiment diagnostic … net effect on welfare. In the experiment, the net effect of insurance coverage on efficiency turns out to be positive. We …
Persistent link: https://www.econbiz.de/10012434967