Showing 1 - 10 of 16
We experimentally investigate the effect of social identification and information feedback on individual behavior in contests. In all treatments we find significant over-expenditure of effort relative to the standard theoretical predictions. Identifying subjects through photo display decreases...
Persistent link: https://www.econbiz.de/10011259314
using laboratory experiments. A purely rational choice perspective of a simple voting environment implies that information …
Persistent link: https://www.econbiz.de/10011259528
This paper addresses the interaction of voter information and seniority on electoral accountability. We test whether information leads voters to be less tolerant of moral hazard in a legislative system favoring seniority. A simple game theoretic model is used to predict outcomes in a pork-barrel...
Persistent link: https://www.econbiz.de/10009295260
We experimentally investigate the impact of recognizing contributors on public good contributions. We vary recognizing all, highest or lowest contributors. Consistent with previous studies, recognizing all contributors significantly increases contributions relative to the baseline. Recognizing...
Persistent link: https://www.econbiz.de/10011112683
The focus of this study is on black markets which provide an important segment of the parallel economy. These markets operate in disequilibrium,search and information costs become very important.Trafficking in drugs taken as case, to explore both theoretically and empirically. The problem,...
Persistent link: https://www.econbiz.de/10009422026
We experimentally investigate the impact of visibility of contributors and cost of information on public good contributions. First, we vary recognizing all, highest or lowest contributors. Second, we investigate the effect of imposing a cost on viewing contributors. Recognizing all contributors...
Persistent link: https://www.econbiz.de/10011259460
The impact on price of current product quality and reputation are estimated using data from the market for Bordeaux wine. A model is proposed in which price is a function of current quality and expected quality, where the latter depends on reputation. Equations determining price and expected...
Persistent link: https://www.econbiz.de/10005621725
In this paper we experimentally manipulate the informational feedback and the technology used in two team production games. Production functions are aggregative (a standard linear VCM) or weak link (the minimum or weakest link game, WLM). We analyze two informational conditions, relative to a...
Persistent link: https://www.econbiz.de/10010903239
Using a linear public good game we investigate the role of exemplary behavior on cooperation in public goods games. Subjects face the chance of show a good (like the employee of the month) or a bad example (evading taxes) to the rest of their group, knowing in advance that the unique feedback...
Persistent link: https://www.econbiz.de/10010903240
Studies show that identifying contributors increases contributions to public goods. In practice, viewing identifiable information is costly, which may discourage people from accessing it. We design a public goods experiment in which participants can pay to view information about identities and...
Persistent link: https://www.econbiz.de/10011157025