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Fraud Deterrence Institutions Reduce Intrinsic Honesty
Galeotti, Fabio; Maggian, Valeria; Villeval, Marie Claire - 2020
Deterrence institutions are widely used in modern societies to discourage rule violations but whether they have an impact beyond their immediate scope of application is usually ignored. Using a quasi-experiment, we found evidence of spillover effects across contexts. We identified fraudsters and...
Persistent link: https://www.econbiz.de/10012497878
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Monetary and Social Incentives in Multi-Tasking: The Ranking Substitution Effect
Stefan, Matthias; Huber, Jürgen; Kirchler, Michael; … - 2020
Rankings are prevalent information and incentive tools in labor markets with strong competition for talent. In a dynamic model of multi-tasking and an accompanying experiment with financial professionals, we identify hidden ranking costs when performance in one task is incentivized and ranked...
Persistent link: https://www.econbiz.de/10012270023
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Credence Goods Markets and the Informational Value of New Media: A Natural Field Experiment
Kerschbamer, Rudolf; Neururer, Daniel; Sutter, Matthias - 2019
Credence goods markets are characterized by pronounced informational asymmetries between consumers and expert sellers. As a consequence, consumers are often exploited and market efficiency is threatened. However, in the digital age, it has become easy and cheap for consumers to self-diagnose...
Persistent link: https://www.econbiz.de/10012005885
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What drives taxi drivers? A field experiment on fraud in a market for credence goods
Balafoutas, Loukas; Beck, Adrian; Kerschbamer, Rudolf; … - 2011
measure different types of fraud and to examine the influence of passengers' presumed information and income on the extent of … fraud. Results reveal that taxi drivers cheat passengers in systematic ways: Passengers with inferior information about …. Higher income seems to lead to more fraud. …
Persistent link: https://www.econbiz.de/10010286009
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What Drives Taxi Drivers? A Field Experiment on Fraud in a Market for Credence Goods
Balafoutas, Loukas; Beck, Adrian; Kerschbamer, Rudolf; … - Institute for the Study of Labor (IZA) - 2011
measure different types of fraud and to examine the influence of passengers' presumed information and income on the extent of … fraud. Results reveal that taxi drivers cheat passengers in systematic ways: Passengers with inferior information about …. Higher income seems to lead to more fraud. …
Persistent link: https://www.econbiz.de/10009021638
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Democratic Involvement and Immigrants' Compliance with the Law
Slotwinski, Michaela; Stutzer, Alois; Gorinas, Cédric - 2017
Many people are concerned about societal cohesion in the face of higher numbers of foreigners migrating to Western democracies. The challenge for the future is to find and adopt institutions that foster integration. We investigate how the right to vote in local elections affects immigrants'...
Persistent link: https://www.econbiz.de/10011653278
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Doping and cheating in contest-like situations
Kräkel, Matthias - 2006
Individuals who compete in a contest-like situation (for example, in sports, in promotion tournaments, or in an appointment contest) may have an incentive to illegally utilize resources in order to improve their relative positions. We analyze such doping or cheating within a tournament game...
Persistent link: https://www.econbiz.de/10010267284
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Nobody likes a rat: On the willingness and consequences of reporting lies
Reuben, Ernesto; Stephenson, Matt - 2012
We investigate the intrinsic motivation of individuals to report, and thereby sanction, fellow group members who lie for personal gain. We further explore the changes in lying and reporting behavior that result from giving individuals a say in who joins their group. We find that enough...
Persistent link: https://www.econbiz.de/10010289978
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The Causal Effect of Trust
Bartling, Björn; Fehr, Ernst; Huffman, David B.; … - 2018
Trust affects almost all human relationships – in families, organizations, markets and politics. However, identifying the conditions under which trust, defined as people's beliefs in the trustworthiness of others, has a causal effect on the efficiency of human interactions has proven to be...
Persistent link: https://www.econbiz.de/10011984477
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A constitutional theory of the family
Cigno, Alessandro - 2005
The paper re-examines the idea that a family can be viewed as a community governed by a self-enforcing constitution, and extends existing results in two directions. First, it identifies circumstances in which a constitution is renegotiation-proof. Second, it introduces parental altruism. The...
Persistent link: https://www.econbiz.de/10010267482