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Social preferences have been shown to be an important determinant of economic decision making for many adults. We … present a large-scale experiment with 883 children and adolescents, aged eight to seventeen years. Participants make decisions …
Persistent link: https://www.econbiz.de/10010269867
We examine the strategic sophistication of adolescents, aged 10 to 17 years, in experimental normal-form games. Besides making choices, subjects have to state their first- and second-order beliefs. We find that choices are more often a best reply to beliefs if any player has a dominant strategy...
Persistent link: https://www.econbiz.de/10010272677
to investigate the ex ante sorting effect of tournaments. This paper reports results from an experiment analyzing whether …
Persistent link: https://www.econbiz.de/10010267611
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/10010278414
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
We evaluate potential determinants of enrollment in an early retirement incentive program for non-tenure-track employees at a large university. Using administrative records on the eligible population of employees not covered by collective bargaining agreements, historical employee count and...
Persistent link: https://www.econbiz.de/10010282436
factor to youth crime and violence. Young people who perceive a high probability of early death, it is argued, may have … early death and youth crime, this support remains tentative. Moreover, a number of questions remain regarding the … that link anticipated early death to youth crime. In this paper, we address the limitations of previous studies using a …
Persistent link: https://www.econbiz.de/10010268990
related to the acquisition of human capital, considering not just the decision on study time, but also on socialization …
Persistent link: https://www.econbiz.de/10010269286
We derive the shape of optimal unemployment insurance (UI) contracts when agents can exert search effort but face different search costs and have private information about their type. We derive a recursive solution of our dynamic adverse selection problem with repeated moral hazard. Conditions...
Persistent link: https://www.econbiz.de/10010262113
The issue of whether unemployment benefits should increase or decrease over the unemployment spell is analyzed in a tractable model allowing moral hazard, adverse selection and hidden saving. Analytical results show that when the search productivity of unemployed is constant over the...
Persistent link: https://www.econbiz.de/10010262469