Showing 1 - 10 of 284
and experiment in which workers’ quality becomes known only in the late part of the market. However, in equilibrium …, matching can occur (inefficiently) early only when there is comparable demand and supply: a surplus of applicants, but a …
Persistent link: https://www.econbiz.de/10009785461
We present a model where each of two players chooses between remuneration based on either private or team effort. Although at least one of the players has the equilibrium strategy to choose private remuneration, we frequently observe both players to choose team remuneration in a series of...
Persistent link: https://www.econbiz.de/10009752421
This paper reports an experiment evaluating the effect of gift giving on building trust. We have nested our …
Persistent link: https://www.econbiz.de/10009752900
hypothesis we run an experiment where participants play two consecutive Bertrand pricing games: first a standard version without …
Persistent link: https://www.econbiz.de/10012547790
whether to engage in costly punishment of a free rider in a survey-based experiment with 1423 students from seven study areas …
Persistent link: https://www.econbiz.de/10011905088
these environments and resulting economic consequences. Using a two-stage laboratory experiment, I analyze the role of …
Persistent link: https://www.econbiz.de/10011709205
In this paper, we claim that agents confronting with new interactive situations apply behavioral heuristics that drastically reduce the problem complexity either by neglecting the other players’ incentives, or by restricting attention to subsets of “salient” outcomes. We postulate that...
Persistent link: https://www.econbiz.de/10010240816
This study examines the effects of initial endowment size on individual behavior in a binary choice game with no dominant strategy. Subjects make decisions in two, theoretically identical sequences, differing in initial endowment levels only. Each decision involves a choice between an option...
Persistent link: https://www.econbiz.de/10011849219
During the pandemic, school districts have adopted hybrid schedules to continue the education of the students while maintaining social distance. In a hybrid schedule, students in the same classroom are usually divided into two groups and students only in the same group can physically attend...
Persistent link: https://www.econbiz.de/10012503806
the three options. Three information conditions are tested: uninformed, in which voters know only their own preference … ordering and the own benefits from each option; aggregate information, in which in addition they know the aggregate realized … distribution of the preference orderings and full information, in which they also know how the relative importance attributed to …
Persistent link: https://www.econbiz.de/10010240827