Showing 1 - 10 of 13
Economic inequality may fuel frustration, possibly leading to anger and antisocial behavior. We experimentally study a situation where only the rich can reduce inequality while the poor can express their discontent by destroying the wealth of a rich counterpart with whom they had no previous...
Persistent link: https://www.econbiz.de/10012064378
In an online experiment, we exploit the existing disparities in socio-economic status within an Italian city, to study how these differences correlate with preferences in strategic and non-strategic situations. Our findings indicate that participants living in an area characterized by a high...
Persistent link: https://www.econbiz.de/10011898919
We introduce a new app that collects 24-hour parental time diaries. To assess its validity, we leverage data from a sample of more than 500 parents with pre-school aged children. Our findings show that our tool is reliable and delivers high-quality data. By exploiting contextual information on...
Persistent link: https://www.econbiz.de/10014442722
Rational parties enter into a contract if the agreement is mutually beneficial. However, after the contract is formed, changes to the costs and/or benefits of performance may render the original contract undesirable. In this paper, we carry out an incentivized experiment to study the effect of...
Persistent link: https://www.econbiz.de/10015046133
This study expands the inventory of green job titles by incorporating a global perspective and using contemporary sources. It leverages natural language processing, specifically a retrieval-augmented generation model, to identify green job titles. The process began with a search of academic...
Persistent link: https://www.econbiz.de/10015062047
The steady increase in inequality over the past decades has revived a lively debate about what can be considered a fair distribution of income. Public support for the extent of redistribution typically depends on the perceived causes of income inequality, such as differences in effort, luck, or...
Persistent link: https://www.econbiz.de/10011704184
Incentives are supposed to increase effort, yet individuals react differently to incentives. We examine this heterogeneity by investigating how personal characteristics, preferences, and socio-economic background relate to incentives and performance in a real effort task. We analyze the...
Persistent link: https://www.econbiz.de/10015062056
This paper assesses the effect of two stylized and antithetic non-monetary incentive schemes on students' effort. We collect data from a field experiment where incentives are exogenously imposed, performance is monitored and individual characteristics are observed. Students are randomly assigned...
Persistent link: https://www.econbiz.de/10009310963
This paper presents an experiment on learning in repeated games, which complements the analysis of players' actual choices with data on the information acquisition process they follow. Subjects play a repeated Cournot oligopoly, with limited a priori information. The econometrics hinges on a...
Persistent link: https://www.econbiz.de/10009683019
In an experiment on the repeated prisoner’s dilemma where intended actions are implemented with noise, Fudenberg et al. (2012) observe that non-equilibrium strategies of the "tit-for-tat" family are largely adopted. Furthermore, they do not find support for risk dominance of TFT as a...
Persistent link: https://www.econbiz.de/10012805575