consequences? In a laboratory experiment, we study three different quota rules that favor individuals whose performance is low …

than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave bargaining experiment where the …

rather than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave bargaining experiment where the …

customers. While standard theory predicts that inefficiencies disappear if customers can verify the quality received … as the main cause and design a parsimonious experiment with exogenous prices that allows classifying experts as either …

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 …

We conduct an experiment where subjects are matched in groups of three and vote on a moral transgression. Analyzing …

inefficiencies, such as under- and overtreatment or market break-down. We study in a large experiment with 936 participants the … determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields …

experiment, where principals set wages and agents respond by choosing effort levels. In addition to the efforts the principals …