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We study household decision making in a high-stakes experiment with a random sample of households in rural China. Spouses have to choose between risky lotteries, first separately and then jointly. We find that spouses' individual risk preferences are more similar the richer the household and the...
Persistent link: https://www.econbiz.de/10010269056
Laboratory experiments are a widely used methodology for advancing causal knowledge in the physical and life sciences. With the exception of psychology, the adoption of laboratory experiments has been much slower in the social sciences, although during the last two decades, the use of lab...
Persistent link: https://www.econbiz.de/10010274256
We examine the gift exchange hypothesis on both the quantity and quality of output using a hybrid field-laboratory labor market experiment. We recruited participants to enter survey data for a well-known charitable organization. Workers were paid either a high or low wage. We find that although...
Persistent link: https://www.econbiz.de/10010282401
We study the influence of risk and time preferences on trust and trustworthiness by conducting a field experiment in Vietnamese villages and by estimating the parameters of the Cumulative Prospect Theory and of quasi-hyperbolic time preferences. We find that while probability sensitivity or risk...
Persistent link: https://www.econbiz.de/10010289986
particular be true for petty corruption where small amounts of bribes are involved and the detection rate is rather low. To … conducting a real effort task in every period. Independent of the treatments we already find high rates of corruption in very … observed in the corruption experiment. We explain our findings by a systematic underestimation of the overall probability of …
Persistent link: https://www.econbiz.de/10010319579
Whistle-blowing by employees plays a major role in uncovering corporate fraud. Various recent laws aim at improving protection of whistle-blowers and enhancing their willingness to report. Evidence on the effectiveness of such legislation is, however, scarce. Moreover, critics have raised...
Persistent link: https://www.econbiz.de/10011653335
correlates with perceptions of corruption. We find judicial independence to be of major relevance for a tamed bureaucracy. …
Persistent link: https://www.econbiz.de/10010267660
We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem …
Persistent link: https://www.econbiz.de/10010267880
This paper contributes to the literature on competition and corruption, by drawing on records from Calciopoli, a … judicial inquiry carried out in 2006 on corruption in the Italian soccer league. Unlike previous studies, we can estimate the … determinants of match rigging and use this information in identifying corruption episodes in years in which there are no pending …
Persistent link: https://www.econbiz.de/10010269071
The paper studies the effect of additional government revenues on political corruption and on the quality of … implications of the theory and identify the causal effect of larger federal transfers on political corruption and the observed … transfers increase political corruption and reduce the quality of candidates for mayor. …
Persistent link: https://www.econbiz.de/10010269401