Showing 141 - 150 of 2,868
Explaining the evolution and maintenance of cooperation among unrelated individuals is one of the fundamental problems in biology and the social sciences. Recent experimental evidence suggests that altruistic punishment is an important mechanism to maintain cooperation among humans. In this...
Persistent link: https://www.econbiz.de/10011343948
Higher order risk preferences are important determinants of economic behaviour. We apply behavioural insights to this topic: we measure higher order risk preferences for pure gains and pure losses by controlling the reference point. We find a reflection effect not only for second order risk...
Persistent link: https://www.econbiz.de/10011924804
activities. We use an economic experiment to examine whether the market efficiency of conservation auctions increases or … decreases with repetition. Theory predicts that repetition facilitates collusion among sellers in procurement auctions, while …
Persistent link: https://www.econbiz.de/10011932593
debates about foreign aid or the environment. In our experiment, a "sender" receives an informative but noisy signal about the …
Persistent link: https://www.econbiz.de/10011895755
Theory predicts that committees of experts may take decisions that look good but are bad and that they show a united … assessments. We investigate this theory in the lab, using treatments with and without reputation concerns and with and without …
Persistent link: https://www.econbiz.de/10011895939
the experiment. Hence for so-called induced budget experiments the Generalized Axiom of Revealed Preference is a necessary …
Persistent link: https://www.econbiz.de/10011563010
Numerous gift exchange experiments have found a positive relationship between employers' wage offers and workers' effort levels. In (almost) all these experiments the employer both owns and controls the firm. Yet in reality many firms are characterized by the separation of ownership and control....
Persistent link: https://www.econbiz.de/10011349214
these two variants to play. Theory predicts that subjects will choose the payoff dominated game (representing a bad explicit …
Persistent link: https://www.econbiz.de/10011378080
laboratory experiment solve a simple arithmetics task first under a piece rate and then under a competitive tournament scheme …
Persistent link: https://www.econbiz.de/10011378957
-price dimensions after the auction. Both auctions theoretically implement the surplus maximizing mechanism. Our experiment confirms … theory and in the lab (after accounting for learning effects). …
Persistent link: https://www.econbiz.de/10011379431