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treatment we find that reciprocity is a powerful contract enforcement device. A second experiment establishes that repeated game …
Persistent link: https://www.econbiz.de/10005463514
The Motivation Crowding Effect suggests that external intervention via monetary incentives punishments may undermine, and under different identifiable conditions strengthen, intrinsic motivation. As of today, the theoretical possibility of motivation crowding has been the main subject of...
Persistent link: https://www.econbiz.de/10005463521
social interaction effects. Testing for such effects raises severe identification problems. We conduct an experiment that … avoids these problems. The main design feature is that each subject simultaneously is a member of two randomly assigned and …
Persistent link: https://www.econbiz.de/10005463522
This paper reports results from social learning experiments where subjects choose between two options and each subject …
Persistent link: https://www.econbiz.de/10005015167
-allocations. In the experiment, high emitters exercise market power in the spot market and permit holdings under grandfathering remain …
Persistent link: https://www.econbiz.de/10005015169
fishermen who exhibit a higher propensity for cooperation in a laboratory public goods experiment, and those who show more … patience in a laboratory time preference experiment, exploit the fishing grounds less in their daily lives. Moreover, because …
Persistent link: https://www.econbiz.de/10005585622
This paper reports on a two-task principal-agent experiment in which only one task is contractible. The principal can …
Persistent link: https://www.econbiz.de/10005585634
preference in one experiment and make a point prediction about the contribution to a repeated public good. This allows for a … predicted contributions, because they contribute in the first half of the experiment. We also show that the interaction of …
Persistent link: https://www.econbiz.de/10005585644
pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without …
Persistent link: https://www.econbiz.de/10005585660
Based on an experimental analysis of a simple monetary economy we argue that a monetary system is more stable than one would expect from individual rationality. We show that positive reciprocity stabilizes the monetary system, provided every participant considers the feedbacks of his choice to...
Persistent link: https://www.econbiz.de/10005627772