Showing 1 - 10 of 18
This paper provides evidence for the effectiveness of performance pay to government workers and how performance pay interacts with demand-side information. In an experiment covering 145 child day-care centres, I implement three separate treatments. First, I engineer an exogenous change in...
Persistent link: https://www.econbiz.de/10009220685
Persistent link: https://www.econbiz.de/10009724308
Economic experiments have shown that when given the choice between piece-rate and winner-take-all tournament style … compensation, women are more reluctant than men to choose tournaments. These gender difference experiments have all relied on a …
Persistent link: https://www.econbiz.de/10008592978
The main aim of this article is to investigate the behavioral consequences of the provision of subject-specific information in the group effort levels chosen by players in an experimental CPR game. We examine two basic treatments, one with incomplete information and the other with complete...
Persistent link: https://www.econbiz.de/10008776876
This paper studies the effect of information about a charity’s size on individuals’ donations to that charity. We conducted a framed field experiment with a non-student sample, in which subjects had the opportunity to donate to various charitable causes. The results show that if subjects are...
Persistent link: https://www.econbiz.de/10011041627
We explore the role of firms in insuring non-verifiable output. As a device that allows workers to commit to thedelivery of their output, the firm arises endogenously as an alternative to the market if workers are sufficiently riskaverse and the firm can base its incentive payments on good...
Persistent link: https://www.econbiz.de/10011316894
We study a model of strategic persuasion based on the theory of cheap talk, in which a better-informed agent manipulates two decision-makers’ joint decision on alternative proposals. With the heterogeneity of two decision-makers’ value of the outside option, only the decision-maker with the...
Persistent link: https://www.econbiz.de/10010906368
The role of Annual Percentage Rate (APR) in installment plan selection was investigated. The choice of analyzing APR was motivated by its wide diffusion due to the mandatory disclosure acts. There have been doubts towards consumer understanding of APR. A sample of 299 consumers were given five...
Persistent link: https://www.econbiz.de/10009652919
This paper studies empirically how uncertainty affects speculation in the foreign exchange markets. We use the dispersion of survey forecasts of key macroeconomic variables to measure uncertainty about fundamentals. We find that uncertainty has a non-monotone effect on exchange rate pressures:...
Persistent link: https://www.econbiz.de/10008592942
We analyse how consumer heterogeneity affects buying behaviour and the monopoly pricing of a network good and its usage. Under perfect information, sufficiently high heterogeneity yields a unique equilibrium, and the unit price is increasing in heterogeneity. Under incomplete information, we...
Persistent link: https://www.econbiz.de/10005789554