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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
This paper reports results from a unique two-stage experiment designed to examine the spillover effects of optimism and …
Persistent link: https://www.econbiz.de/10012729796
A conclave is a voting mechanism in which a committee selects an alternative by voting until a sufficient supermajority is reached. We study experimentally welfare properties of simple three-voter conclaves with privately known preferences over two outcomes and waiting costs. The resulting game...
Persistent link: https://www.econbiz.de/10013015019
economically important ways. To test this, we designed a controlled experiment using first year college students who made choices …
Persistent link: https://www.econbiz.de/10013118042
We devise a new experimental game by nesting a voluntary contributions mechanism in a broader spectrum of incentive schemes. With it, we study tensions between egalitarianism, equity concerns, self-interest, and the need for incentives. In a 2x2 design, subjects either vote on or exogenously...
Persistent link: https://www.econbiz.de/10013137515
. In our laboratory experiment, we establish the existence of a significant efficiency premium of uniform wages. However …
Persistent link: https://www.econbiz.de/10013108598
We examine the effect of single-sex classes on the pass rates, grades, and course choices of students in a coeducational university. We randomly assign students to all-female, all-male, and coed classes and, therefore, get around the selection issues present in other studies on single-sex...
Persistent link: https://www.econbiz.de/10013086221
Laboratory experiments are a widely used methodology for advancing causal knowledge in the physical and life sciences. With the exception of psychology, the adoption of laboratory experiments has been much slower in the social sciences, although during the last two decades, the use of lab...
Persistent link: https://www.econbiz.de/10013154978
We devise an experiment to explore the effect of different degrees of competition on optimal contracts in a hidden …
Persistent link: https://www.econbiz.de/10012779356
the results of a two-round experiment designed to expose student cheating at the individual level and correlate it with … exam score (PES). The experiment involved two classes of third-year economics students incentivized by a competitive reward …
Persistent link: https://www.econbiz.de/10012957475