Showing 1 - 10 of 501
and contested issue. We investigate how fairness in a laboratory experiment framed explicitly as a market exchange relates … the experiment. These results support the notion that fairness preferences as assessed in laboratory experiments capture …
Persistent link: https://www.econbiz.de/10011895978
Supporters of left-wing parties typically place more emphasis on redistributive policies than right-wing voters. I investigate whether this difference in tolerating inequality is amplified by suspicious success - achievements that may arise from cheating. Using a laboratory experiment, I...
Persistent link: https://www.econbiz.de/10011899249
underlying inequality, differing fairness views, and differing perceptions of social norms. In this study, we directly measure … report different fairness views and beliefs about task performance, but not different beliefs about social norms. Further …, only fairness views play a significant mediating role between status and allocation differences, suggesting this is the …
Persistent link: https://www.econbiz.de/10014477403
decisions are mainly driven by own material interests and fairness ideals. For the latter, players display remarkable … negatively to redistribution decisions that do not fit any fairness ideals. Our results suggest that even in the realm of moral …
Persistent link: https://www.econbiz.de/10014495065
We present a laboratory experiment on the impact of price framing on consumer decision making. Consumer subjects face a search market where two sellers offer a homogenous good. We examine six different price frames with linear per-unit pricing (that is displayed as such) serving as a benchmark....
Persistent link: https://www.econbiz.de/10010230313
The wage effects of fixed-term contracts (FTCs) are analysed with the GSOEP for West Germany. Different estimators which take into account selection bias are used. It is shown that propensity score matching estimators which are usually applied for the evaluation of active labour market...
Persistent link: https://www.econbiz.de/10001638345
Persistent link: https://www.econbiz.de/10014631339
Imitating the best strategy from the previous period has been shown to be an important heuristic, in particular in relatively complex environments. In this experiment we test whether subjects are more likely to use imitation if they are under stress. Subjects play a repeated Cournot oligopoly....
Persistent link: https://www.econbiz.de/10010457243
In many economic contexts, an elusive variable of interest is the agent's belief about relevant events, e.g. about other agents' behavior. A growing number of surveys and experiments ask participants to state beliefs explicitly but little is known about the causal relation between beliefs and...
Persistent link: https://www.econbiz.de/10009583740
In Buy-It-Now (BIN, hereafter) auctions, sellers can make a "take-it-or-leave-it" price offer (BIN price) prior to an auction. We analyse experimentally how eBay sellers set BIN prices and whether they benefit from offering them. Using the real eBay environment in the laboratory, we find that...
Persistent link: https://www.econbiz.de/10011902715