Showing 1 - 10 of 54
Field evidence suggests that people belonging to the same group often behave similarly, i.e.,behaviour exhibits social interaction effects. We conduct an experiment that avoids theidentification problem present in the field. Our novel design feature is that each subjectsimultaneously is a member...
Persistent link: https://www.econbiz.de/10014261034
classic coordination problem exists. Using a well-established paradigm, we examine how a common cognitive state (insufficient … sleep) impacts coordination outcomes. Our data indicate that insufficient sleep increases coordination failure costs, which …
Persistent link: https://www.econbiz.de/10012833881
We study the impact of communication on behavior in a two-stage coordination game with asymmetric payoffs. We test … sustain coordination over time and alleviate the inequality induced by the asymmetry of payoffs. Third, communication …
Persistent link: https://www.econbiz.de/10013024900
We develop a theory of firm scope in which integrating two firms into one facilitates the allocation of resources, but leads to weaker incentives for effort, compared with nonintegration. Our theory makes minimal assumptions about the underlying agency problem. Moreover, the benefits and costs...
Persistent link: https://www.econbiz.de/10013317478
about how the coordination of hours among heterogenous coworkers affects pay, productivity and labor supply. In this paper … between wages, productivity and the degree of hours coordination - measured as the dispersion of hours - within firms. We then … coordination is associated with attenuated labor supply elasticity and spillovers on coworkers not directly affected by the tax …
Persistent link: https://www.econbiz.de/10014357207
adverse labor market conditions. Unlike existing coordination-friction economies with fixed search intensity, the model can …
Persistent link: https://www.econbiz.de/10013324972
This article experimentally examines voluntary contributions when group members' marginal returns to the public good vary. The experiment implements two marginal return types, low and high, and uses the information that members have about the heterogeneity to identify the applied contribution...
Persistent link: https://www.econbiz.de/10013128231
We investigate the effects of inequality in wealth on the incentives to contribute to a public good when agents are inequity averse and may differ in ability. We show that equality may lead to a reduction of public good provision below levels generated by purely selfish agents. But introducing...
Persistent link: https://www.econbiz.de/10013129910
Economic and social interaction takes place between individuals with heterogeneous characteristics. We investigate experimentally the emergence and informal enforcement of different contribution norms to a public good in homogeneous and different heterogeneous groups. When punishment is not...
Persistent link: https://www.econbiz.de/10013134522
Recent experiments show that public goods can be provided at high levels when mutual monitoring and costly punishment are allowed. All these experiments, however, study monitoring and punishment in a setting where all agents can monitor and punish each other (i.e., in a complete network). The...
Persistent link: https://www.econbiz.de/10013136030