Showing 1 - 10 of 56
-run persistence of observed discrimination against certain minorities in the labor market. The experiment provides some evidence … experiment, failing to generate a Self-Confirming Equilibrium driven by wrong beliefs. The strategy method provides additional …
Persistent link: https://www.econbiz.de/10010261558
interaction effects. We conduct an experiment that avoids the identification problem present in the field. Our novel design …
Persistent link: https://www.econbiz.de/10010262127
Holmström?s (1982/99) career concerns model has become an important workhorse for the analysis of agency issues in many fields. The underlying signal jamming argument requires players to use information in a Bayesian way – which may or may not reasonably approximate real-life decision makers?...
Persistent link: https://www.econbiz.de/10010262147
The objective of this paper is to design a laboratory experiment for an infinite-horizon sequential committee search …
Persistent link: https://www.econbiz.de/10010289995
period and individuals are not too risk averse. This paper tests the POUM hypothesis by means of a within subjects experiment … inequality aversion are (partially) controlled for via either the experiment design or the information collected during the … experiment. We find that the POUM hypothesis holds under alternative specifications, even when we control for individual fixed …
Persistent link: https://www.econbiz.de/10010261622
problem. It introduces several approaches, based on both experiments and on non-experimental data, that have been proposed in …
Persistent link: https://www.econbiz.de/10010262297
when controlled experiments are not a viable option, appropriate approaches might succeed where traditional empirical …
Persistent link: https://www.econbiz.de/10010262600
We present an economic experiment on network formation, in which subjects can decide to form links to one another …. Direct links are costly but being connected is valuable. The gametheoretic basis for our experiment is the model of Bala and …
Persistent link: https://www.econbiz.de/10010262760
-period experiment. In equilibrium, firms will offer deferred compensation: first period productivity is positive and wages are zero …, while third period productivity is zero and wages are positive. The experiment produces strong evidence that deferred …
Persistent link: https://www.econbiz.de/10010261943
to investigate the ex ante sorting effect of tournaments. This paper reports results from an experiment analyzing whether …
Persistent link: https://www.econbiz.de/10010267611