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Charity Auctions : A Field Experimental Investigation
Carpenter, Jeffrey P.; Holmes, Jessica; Matthews, Peter Hans - 2004
empirically, about the properties of charity auctions. The small theoretical literature suggests that the all-pay auction should … price or all-pay raises the most money. Our experiment suggests that both the all-pay and second price formats are dominated … by the first price auction. Our design also allows us to identify differential participation as the source of the …
Persistent link: https://www.econbiz.de/10010271934
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Shutdown contests in multi-plant firms and governmental intervention
Kräkel, Matthias - 2010
When a multi-plant firm must close one unit due to declining demand it can choose between two alternatives. On the one hand, the firm can announce a certain span of time in which the plants are evaluated according to relative performance with the least performing plant being shut down in the end...
Persistent link: https://www.econbiz.de/10010269831
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A model of overconfidence
Weinberg, Bruce A. - 2009
People use information about their ability to choose tasks. If more challenging tasks provide more accurate information about ability, people who care about and who are risk averse over their perception of their own ability will choose tasks that are not sufficiently challenging. Overestimation...
Persistent link: https://www.econbiz.de/10010269111
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Extrinsic rewards and intrinsic motives: Standard and behavioral approaches to agency and labor markets
Rebitzer, James B.; Taylor, Lowell J. - 2010
Employers structure pay and employment relationships to mitigate agency problems. A large literature in economics documents how the resolution of these problems shapes personnel policies and labor markets. For the most part, the study of agency in employment relationships relies on highly...
Persistent link: https://www.econbiz.de/10010272684
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Are income and consumption taxes ever really equivalent? evidence from a real-effort experiment with real goods
Blumkin, Tomer; Ruffle, Bradley J.; Ganun, Yosef - 2010
The public finance literature demonstrates the equivalence between consumption and laborincome (wage) taxes. We introduce an experimental paradigm in which individuals make real labor-leisure choices and spend their earned income on real goods. We use this paradigm to test whether a labor-income...
Persistent link: https://www.econbiz.de/10010274549
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Integrating personality psychology into economics
Heckman, James J. - 2011
This paper reviews the problems and potential benefits of integrating personality psychology into economics. Economists have much to learn from and contribute to personality psychology.
Persistent link: https://www.econbiz.de/10010280682
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Certainty and severity of sanctions in classical and behavioral models of deterrence: A survey
Entorf, Horst - 2012
This survey summarizes the classical fundamentals of modern deterrence theory, covers major theoretical and empirical findings on the impact of certainty and severity of punishment (and the interplay thereof) as well as underlying methodological problems, gives an overview of limitations and...
Persistent link: https://www.econbiz.de/10010282501
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Costless discrimination and unequal achievements in a labour market experiment
Filippin, Antonio; Guala, Francesco - 2011
We investigate the emergence of discrimination in an experiment where individuals affiliated to different groups …
Persistent link: https://www.econbiz.de/10010282262
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Information and competition entry
Ewers, Mara - 2012
experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … decision problem and to update beliefs about success. In the experiment, subjects face the choice between a competition game …
Persistent link: https://www.econbiz.de/10010282257
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Contracts as reference points: experimental evidence
Fehr, Ernst; Hart, Oliver; Zehnder, Christian - 2008
with established behavioral concepts, they cannot easily be explained by existing theories. The experiment appears to …
Persistent link: https://www.econbiz.de/10010269323