Showing 1 - 10 of 98
This paper studies individual truth-telling behavior in the presence of multiple lying opportunities with heterogeneous stake sizes. The results show that individuals lie downwards (i.e. forgo money due to their lie) in low-stakes situations in order to signal honesty, and thereby mitigate the...
Persistent link: https://www.econbiz.de/10012111150
Interactions between players with private information and opposed interests are often prone to bad advice and inefficient outcomes, e.g. markets for financial or health care services. In a deception game we investigate experimentally which factors could improve advice quality. Besides advisor...
Persistent link: https://www.econbiz.de/10011697162
We develop a theory of collective brand reputation for markets in which product quality is jointly determined by local …
Persistent link: https://www.econbiz.de/10013193845
Practitioners and scholars of public administration currently seem to have overcome comprehensive reform strategies and are focusing their attention on minor changes in public administration that generate short-term outcomes with lower transactional costs. In that sense, many have argued that...
Persistent link: https://www.econbiz.de/10012060006
Does access to the broadband internet stimulate firm growth? In this paper, I analyze within-firm growth of established … firms caused by the access to faster internet using geocoded social-security data. I identify firm responses to the access … to the first generation of broadband internet and later speed upgrades by exploiting technological peculiarities of the …
Persistent link: https://www.econbiz.de/10012295680
, when motivated agents value the collective reputation of their place of employment, steady-state equilibria with both high … and low aggregate motivation (reputation) in the mission-oriented sector exist. Reforming a low-motivation institution …, but positive for a low-reputation institution, a transition to a high-reputation steady state requires an initial wage …
Persistent link: https://www.econbiz.de/10011552475
attention to reputation for quality. This provides empirical support to recent models in behavioral industrial organization that …
Persistent link: https://www.econbiz.de/10010498486
value the collective reputation of their institution, e.g. due to a prosocial signaling motive or identity concerns. The … initial insight of the analysis is that there exists both a highreputation, low-wage equilibrium and a low-reputation, high …-wage equilibrium. Importantly, the comparative statics of motivation and wage differ between the equilibria: starting from low-reputation …
Persistent link: https://www.econbiz.de/10011281179
no incentive to exclude bidders, even if they are nearly certain to default; (iii) buyer reputation systems reward … bidders with a reputation for defaulting, counter to the idea of deterring such behavior. Our auction experiments support …
Persistent link: https://www.econbiz.de/10012237211
This paper analyzes optimal product lines when consumers differ both in their taste for quality and in their desire for social image. The market outcome features partial pooling and product differentiation that is not driven by heterogeneous valuations for quality but by image concerns. A...
Persistent link: https://www.econbiz.de/10011899163