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Strategic Incomplete Contracts : Theory and Experiments
Erkal, Nisvan - 2015
even costlessly verifiable terms. We then use experiments to test comparative statics predictions of the model. While it is …
Persistent link: https://www.econbiz.de/10013031190
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Self-Serving Use of Equity Rules in Bargaining with Asymmetric Outside Options
Hennig‐Schmidt, Heike - 2013
We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options …
Persistent link: https://www.econbiz.de/10013074889
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The Economics of Credence Goods : On the Role of Liability, Verifiability, Reputation and Competition
Dulleck, Uwe - 2009
Credence goods markets are characterized by asymmetric information between sellers and consumers that may give rise to … determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields …
Persistent link: https://www.econbiz.de/10012764487
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Strategic Ignorance in Bargaining
Conrads, Julian - 2011
rather than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave bargaining experiment where the …In his classic article "An Essay on Bargaining" Schelling (1956) argues that ignorance might actually be strength …
Persistent link: https://www.econbiz.de/10013118529
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Cognitive Dissonance, Pessimism, and Behavioral Spillover Effects
Dickinson, David L. - 2007
This paper reports results from a unique two-stage experiment designed to examine the spillover effects of optimism and pessimism. In stage 1, we induce optimism or pessimism onto subjects by randomly assigning a high or low piece rate for performing a cognitive task. We find that participants...
Persistent link: https://www.econbiz.de/10012729796
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Innovation and Communication Media in Virtual Teams – an Experimental Study
Grözinger, Nicola - 2020
In a novel real-effort setting, we experimentally study the effects of different communication media on creative performance in a collaborative tasks. We find that creative performance significantly decreases when group members communicate via chat instead of face-to-face. However, we find no...
Persistent link: https://www.econbiz.de/10012834578
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Dynamic Incentive Effects of Team Formation : Experimental Evidence
Gall, Thomas - 2016
prior performance. We test this hypothesis in a lab experiment with two stages of a real effort task. Participants first …
Persistent link: https://www.econbiz.de/10012978121
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Are Teams Less Inequality Averse than Individuals?
He, Haoran - 2014
We compare inequality aversion in individuals and teams by means of both within- and between-subject experimental designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality aversion than individual initial proposals in team...
Persistent link: https://www.econbiz.de/10013052703
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Gender, Competition and the Efficiency of Policy Interventions
Balafoutas, Loukas - 2010
Recent research has shown that women shy away from competition more often than men. We evaluate experimentally three alternative policy interventions to promote women in competitions: Quotas, Preferential Treatment, and Repetition of the Competition unless a critical number of female winners is...
Persistent link: https://www.econbiz.de/10013141762
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Reputation and Credit Market Formation : How Relational Incentives and Legal Contract Enforcement Interact
Fehr, Ernst - 2009
The evidence suggests that relational contracting and legal rules play an important role in credit markets but on the … relational incentives are a powerful causal determinant for the existence and performance of credit markets. In fact, in the … incentives and exacerbates another moral hazard problem in credit markets ﾖ the choice of inefficient high-risk projects …
Persistent link: https://www.econbiz.de/10013157034