Similar Search Results

Cross-game learning and cognitive ability in auctions

Giebe, Thomas; Ivanova-Stenzel, Radosveta; Kocher, Martin; … - 2022

ability. We study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account …-game learning for cognitively less able participants but does not affect overbidding for the cognitively more able. Vice versa …, 'cross-game learning' may rather be understood as 'cross-game transfer', as it has the potential to benefit bidders with …

Persistent link: https://www.econbiz.de/10014476711

Quitting and peer effects at work

Rosaz, Julie; Slonim, Robert; Villeval, Marie-Claire - 2012

While peer effects have been shown to affect worker's productivity when workers are paid a fixed wage, there is little evidence on their influence on quitting decisions. This paper presents results from an experiment in which participants receive a piece-rate wage to perform a real-effort task....

Persistent link: https://www.econbiz.de/10009536706

Time pressure and regret in sequential search

Klimm, Felix; Kocher, Martin; Opitz, Timm; Schudy, Simeon - 2022

Perceived urgency and regret are common in many sequential search processes; for example, sellers often pressure buyers in search of the best offer, both time-wise and in terms of potential regret of forgoing unique purchasing opportunities. theoretically, these strategies result in anticipated...

Persistent link: https://www.econbiz.de/10014476728

Social preferences in childhood and adolescence : a large-scale experiment

Sutter, Matthias; Feri, Francesco; Kocher, Martin; … - 2010

Social preferences have been shown to be an important determinant of economic decision making for many adults. We present a large-scale experiment with 883 children and adolescents, aged eight to seventeen years. Participants make decisions in eight simple, one-shot allocation tasks, allowing us...

Persistent link: https://www.econbiz.de/10003978546

Equality, equity and incentives : an experiment

Balafoutas, Loukas; Kocher, Martin; Putterman, Louis G.; … - 2010

We devise a new experimental game by nesting a voluntary contributions mechanism in a broader spectrum of incentive schemes. With it, we study tensions between egalitarianism, equity concerns, self-interest, and the need for incentives. In a 2x2 design, subjects eithervote on or exogenously...

Persistent link: https://www.econbiz.de/10009011596

Testing a forgotten aspect of Akerlof's gift exchange hypothesis : relational contracts with individual and uniform wages

Kocher, Martin; Luhan, Wolfgang J.; Sutter, Matthias - 2012

Empirical work on Akerlof's theory of gift exchange in labor markets has concentrated on the fair wage-effort hypothesis. In fact, however, the theory also contains a social component that stipulates that homogenous agents that are employed for the same wage level will exert more effort,...

Persistent link: https://www.econbiz.de/10009533989

The multi-dimensional effects of reciprocity on worker effort : evidence from a hybrid field-laboratory labor market experiment

Kim, Min-taec; Slonim, Robert - 2012

We examine the gift exchange hypothesis on both the quantity and quality of output using a hybrid field-laboratory labor market experiment. We recruited participants to enter survey data for a well-known charitable organization. Workers were paid either a high or low wage. We find that although...

Persistent link: https://www.econbiz.de/10009534061

Impatience and uncertainty : experimental decisions predict adolescents' field behavior

Sutter, Matthias; Kocher, Martin; Glätzle-Rützler, Daniela - 2010

We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to eighteen years, in an incentivized experiment. We relate experimental choices to field behavior. Experimental measures of impatience are found to be significant predictors of health...

Persistent link: https://www.econbiz.de/10009315296

The price of warm glow

Lilley, Andrew; Slonim, Robert - 2013

This paper presents a model and experimental evidence to explain the "volunteering puzzle" where agents prefer volunteering time to donating money when monetary donations are, ceteris paribus, more efficient for providing resources to charity. In the model agents receive heterogeneous utility...

Persistent link: https://www.econbiz.de/10009755326

Other-regarding preferences and leadership styles

Kocher, Martin; Pogrebna, Ganna; Sutter, Matthias - 2009

We use a laboratory experiment to examine whether and to what extent other-regarding preferences of team leaders influence their leadership style in choice under risk. We find that leaders who prefer efficiency or report high levels of selfishness are more likely to exercise an autocratic...

Persistent link: https://www.econbiz.de/10003827331