Showing 1 - 10 of 331
the joy, fear, and control groups, where decision makers deviate more from payoff-maximizing behaviors and are more …
Persistent link: https://www.econbiz.de/10010337020
We conduct a field experiment to examine whether the deterrent effect of law enforcement can be strengthened by making law enforcement activities more salient. Our focus is on illegal disposal of household garbage in residential areas. At a random subset of 56 locations in a city in the...
Persistent link: https://www.econbiz.de/10011583707
not onlymutual trust, like simple exchange, but also a substantial degree of coordination. We examinewhether players are …
Persistent link: https://www.econbiz.de/10011317441
decision strategies in a manner that is consistent with its name: significantly lower levels of trust and decreased … personality on investor trust and trustee reciprocity in the presence relative to the absence of the investor's option to punish … levels of investor trust and trustee reciprocity, while there is a significant increase in both behaviors when punishment was …
Persistent link: https://www.econbiz.de/10011794369
Persistent link: https://www.econbiz.de/10009722629
In this note, we experimentally examine the relative performance of price-only auctions and multi-attribute auctions. We do so in procurement settings where the buyer can give the winning bidder incentives to exert effort on non-price dimensions after the auction. Both auctions theoretically...
Persistent link: https://www.econbiz.de/10011379431
This paper is concerned with a policy oriented macroeconomic experiment involving an 'international' economy with a relatively small 'home' country and a large 'foreign' country. It compares the economic performance of two alternative tax systems as a means to finance unemployment benefits: a...
Persistent link: https://www.econbiz.de/10011333884
Theoretical research on claims problems has concentrated on normative properties and axiomatizations of solution concepts. We complement these analyses by empirical evidence on the predictability of three classical solution concepts in a bankruptcy problem. We examine both people's impartial...
Persistent link: https://www.econbiz.de/10011335222
We study the effects of competition in a context in which people's actions can not be contractually fixed. We find that in such an environment the very presence of competition does neither increase efficiency nor does it yield any payoff gains for the short side of the market. We also find that...
Persistent link: https://www.econbiz.de/10011335225
Although reciprocity is a key concept in the social sciences, it is still unclear why people engage in costly reciprocation. In this study, physiological and self-report measures were employed to investigate the role of emotions, using the Power-to-Take Game. In this 2-person game, player 1 can...
Persistent link: https://www.econbiz.de/10011338001