Showing 1 - 10 of 12
We present results from a real-effort experiment, simulating actual work-place conditions, comparing the productivity …
Persistent link: https://www.econbiz.de/10003796328
common to preferences in this class. We illustrate our approach by analyzing data from a large scale experiment conducted … with a sample of participants randomly drawn from the Dutch population. We find that behavior of players in the experiment … determinant of decisions in our experiment. -- belief-dependent preferences ; guilt aversion ; reciprocity ; partial …
Persistent link: https://www.econbiz.de/10009408898
The, often observed, positive correlation between incentive intensity and risk has been explained in two ways: the presence of transaction costs as determinants of contracts and the sorting of risk-tolerant individuals into firms using high-intensity incentive contracts. The empirical importance...
Persistent link: https://www.econbiz.de/10003355557
We use spline interpolation to approximate the subjective cumulative distribution function of an economic agent over the future realization of a continuous (possibly censored) random variable. The method proposed exploits information collected using a small number of probability questions on...
Persistent link: https://www.econbiz.de/10003578887
We specify and estimate an econometric model which separately identifies distributional preferences and the effects of perceived intentions on responder behavior in the ultimatum game. We allow the effects of perceived intentions to depend, among other things, on the subjective probabilities...
Persistent link: https://www.econbiz.de/10003561614
controlling for a possible source of a consensus effect. All models are estimated using data from an experiment of proposal and …
Persistent link: https://www.econbiz.de/10003941997
We present results from a field experiment designed to measure the importance of managerial commitment to a contract … as a function of the difficulty of the terrain to be planted. During the experiment, workers began planting a terrain at …
Persistent link: https://www.econbiz.de/10010359307
used in the literature. Our results suggest that adding experimental periods in an experiment can substantially increase …
Persistent link: https://www.econbiz.de/10010418865
We combine the choice data of proposers and responders in the ultimatum game, their expectations elicited in the form of subjective probability questions, and the choice data of proposers ("dictators") in a dictator game to estimate a structural model of decision making under uncertainty. We use...
Persistent link: https://www.econbiz.de/10003011511
Persistent link: https://www.econbiz.de/10002043064