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The phantom of the opera: Cultural amenities, human capital, and regional economic growth
Falck, Oliver; Fritsch, Michael; Heblich, Stephan - 2010
-human-capital employees. To overcome endogeneity, we draw on a quasi-natural experiment in German history and exploit the exogenous spatial …
Persistent link: https://www.econbiz.de/10010272646
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The economics of credence goods: on the role of liability, verifiability, reputation and competition
Dulleck, Uwe; Kerschbamer, Rudolf; Sutter, Matthias - 2009
inefficiencies, such as under- and overtreatment or market break-down. We study in a large experiment with 936 participants the … determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields …
Persistent link: https://www.econbiz.de/10010271236
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Who starts a business and who is self-employed in Germany
Fritsch, Michael; Kritikos, Alexander S.; Rusakova, Alina - 2012
entrepreneurship in Germany between 1991 and 2010, the first two decades after reunification. We investigate the socioeconomic … increase in self-employment in Germany by 40 percent which can partly be attributed to the transformation process of East … Germany and to the shift to the service sector. We notice a yearly start-up rate of 1 percent among the working population …
Persistent link: https://www.econbiz.de/10010282293
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The Economics of Credence Goods: On the Role of Liability, Verifiability, Reputation and Competition
Dulleck, Uwe; Kerschbamer, Rudolf; Sutter, Matthias - Institute for the Study of Labor (IZA) - 2009
inefficiencies, such as under- and overtreatment or market break-down. We study in a large experiment with 936 participants the … determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields …
Persistent link: https://www.econbiz.de/10005822832
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Equality, Equity and Incentives: An Experiment
Balafoutas, Loukas; Kocher, Martin G.; Putterman, Louis; … - Institute for the Study of Labor (IZA) - 2010
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/10008678697
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Group Membership, Competition, and Altruistic versus Antisocial Punishment: Evidence from Randomly Assigned Army Groups
Goette, Lorenz; Huffman, David; Meier, Stephan; Sutter, … - Institute for the Study of Labor (IZA) - 2010
We investigate how group boundaries, and the economic environment surrounding groups, affect altruistic cooperation and punishment behavior. Our study uses experiments conducted with 525 officers in the Swiss Army, and exploits random assignment to platoons. We find that, without competition...
Persistent link: https://www.econbiz.de/10008680896
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Role Selection and Team Performance
Cooper, David J.; Sutter, Matthias - Institute for the Study of Labor (IZA) - 2011
Team success relies on assigning team members to the right tasks. We use controlled experiments to study how roles are assigned within teams and how this affects team performance. Subjects play the takeover game in pairs consisting of a buyer and a seller. Understanding optimal play is very...
Persistent link: https://www.econbiz.de/10009225777
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Security of Property as a Public Good: Institutions, Socio-Political Environment and Experimental Behavior in Five Countries
Campos-Ortiz, Francisco; Putterman, Louis; Ahn, T.K.; … - Institute for the Study of Labor (IZA) - 2012
We study experimentally the protection of property in five widely distinct countries – Austria, Mexico, Mongolia, South Korea and the United States. Our main results are that the security of property varies with experimental institutions, and that our subject pools exhibit significantly...
Persistent link: https://www.econbiz.de/10011128038
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Experimental Games on Networks: Underpinnings of Behavior and Equilibrium Selection
Charness, Gary; Feri, Francesco; Meléndez-Jiménez, … - Institute for the Study of Labor (IZA) - 2014
In this paper, we describe a series of laboratory experiments that implement specific examples of a more general network structure and we examine equilibrium selection. Specifically, actions are either strategic substitutes or strategic complements, and participants have either complete or...
Persistent link: https://www.econbiz.de/10011086477
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Donations, Risk Attitudes and Time Preferences: A Study on Altruism in Primary School Children
Angerer, Silvia; Glätzle-Rützler, Daniela; … - Institute for the Study of Labor (IZA) - 2014
experiment is related to children's risk attitudes and intertemporal choices. Examining such a relationship is motivated by …
Persistent link: https://www.econbiz.de/10011086478