Showing 1 - 10 of 1,464
Do the parties in a typical dispute face incentives similar to those in the classic prisoner's dilemma game? In this paper, we explore whether the costs and benefits of legal representation are such that each party seeks legal representation in the hope of exploiting the other party, while...
Persistent link: https://www.econbiz.de/10010293160
We study the individual behavior of students and workers in an experiment where they repeatedly face the same …
Persistent link: https://www.econbiz.de/10010291472
We use skin conductance responses and self-reports of hedonic valence to study the emotional basis of cooperation and punishment in a social dilemma. Emotional reaction to free-riding incites individuals to apply sanctions when they are available. The application of sanctions activates a...
Persistent link: https://www.econbiz.de/10010278702
punishment, so that they increase overall welfare? We report an experiment in which players can issue non-binding threats to …
Persistent link: https://www.econbiz.de/10010285514
We report the results of a field experiment with bicycle messengers in Switzerland and the United States. Messenger …
Persistent link: https://www.econbiz.de/10010267460
In this article, a modelling framework for the information transmission between agents in an evolutionary game setting is proposed. Agents observe traits which reflect past and present behaviour and success of other agents. If agents imitate more successful agents based on these traits, the...
Persistent link: https://www.econbiz.de/10010261576
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
'Guest workers' earn higher wages overseas on temporary low-skill employment visas. This wage effect can quantify global inefficiencies in the pure spatial allocation of labor between poorer and richer countries. But rigorous estimates are rare, complicated by migrant self-selection. This paper...
Persistent link: https://www.econbiz.de/10011984655
After graduation many students start working in sectors not related to their field of study or participate in training targeted at work in other sectors. In this paper, we look at mobility immediately after graduation from the perspective that educational choices have been made when these pupils...
Persistent link: https://www.econbiz.de/10010267519
In this paper we examine three forms of regret in relation to the UK’s hugely significant referendum on EU membership … of all three types of regret. In particular, leave voters and non-voters were significantly more likely to indicate that …
Persistent link: https://www.econbiz.de/10012658168