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Why do oaths work? : image concerns and credibility in promise keeping
Kingsuwankul, Sorravich; Tergiman, Chloe; Villeval, … - 2023
We use a laboratory experiment to understand the channels through which honesty oaths can affect behavior and …
Persistent link: https://www.econbiz.de/10014380769
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Peers at work : from the field to the lab
van Veldhuizen, Roel; Oosterbeek, Hessel; Sonnemans, Joep - 2014
riding. In this paper we report an attempt to reproduce the findings of Mas and Moretti in a lab experiment. Lab experiments … colleagues whom they observe. Although the subjects in our experiment are aware of the productivity of others and although there …
Persistent link: https://www.econbiz.de/10010348415
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The interaction between explicit and relational incentives : an experiment
Sloof, Randolph; Sonnemans, Joep - 2009
Persistent link: https://www.econbiz.de/10003850863
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The interaction between explicit and relational incentives : an experiment
Sloof, Randolph; Sonnemans, Joep - 2009
contract), because this game better sustains (implicit) relational incentives backed by either reputational or reciprocity …
Persistent link: https://www.econbiz.de/10011378080
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Who are the behavioral economists and what do they say?
Heukelom, Floris - 2007
The most important financial source for behavioral economics is the Russell Sage Foundation (RSF). The most prominent behavioral economists among the RSF’s twenty-six member Behavioral Economics Roundtable (BER) are Kahneman, Tversky, Thaler, Camerer, Loewenstein, Rabin, and Laibson. The...
Persistent link: https://www.econbiz.de/10011372527
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Coordination of expectations in asset pricing experiments
Hommes, Cars H.; Sonnemans, Joep; Tuinstra, Jan; … - 2003
We investigate expectation formation in a controlled experimental en-vironment. Subjects are asked to predict the price in a standard asset pricingmodel. They do not have knowledge of the underlying market equilibrium equa-tions, but they know all past realized prices and their own predictions....
Persistent link: https://www.econbiz.de/10011333274
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Experimental public choice
Schram, Arthur - 2002
A review is given of the use of laboratory experiments in the Public Choice literature. A distinction is made in experiments on public goods, participation games, rent-seeking and lobbying, and spatial voting.
Persistent link: https://www.econbiz.de/10011327841
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Behaviorally rational expectations and almost self-fulfilling equilibria
Hommes, Cars H. - 2013
Rational expectations assumes perfect, model consistency between beliefs and market realizations. Here we discuss behaviorally rational expectations, characterized by an observable, parsimonious and intuitive form of consistency between beliefs and realizations. We discuss three case-studies....
Persistent link: https://www.econbiz.de/10010227365
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Information and strategic voting
Tyszler, Marcelo; Schram, Arthur - 2011
We theoretically and experimentally study voter behavior in a setting characterized by plurality rule and mandatory voting, where voters choose from three options. We are interested in the occurrence of strategic voting in an environment where Condorcet cycles may occur. In particular, we focus...
Persistent link: https://www.econbiz.de/10011383055
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Understanding contract audits : an experimental approach
Bertrand, Robert M. M.; Schram, Arthur; Vaassen, Eddy H. J. - 2011
Contract audits aimed at reducing information asymmetry and transaction costs are frequently used in imperfect markets … such as defense procurement. This contradicts predictions from standard economic theory. We conduct a laboratory experiment … to initiate a contract audit and to carefully assess its economic value. Our theoretical approach draws upon two distinct …
Persistent link: https://www.econbiz.de/10011383168