Showing 1 - 10 of 241
We report the results of a combination of a dictator experiment with either a "social planner" or a "veil of ignorance …" experiment. The experimental design and the analysis of the data are based on the theoretical framework proposed in the companion … Agreement and Symmetry axioms proposed in BHH; we find that for 80% of participants the evidence is very strong. The experiment …
Persistent link: https://www.econbiz.de/10010370990
Based on the "acquiring-a-company" game of Samuelson and Bazerman (1985), we theoretically and experimentally analyze the acquisition of a firm. Thereby we compare cases of symmetrically and asymmetrically informed buyers and sellers. This setting allows us to predict and test the effects of...
Persistent link: https://www.econbiz.de/10010253149
our experiment preferences for social welfare and those for equality call for different actions. Surprisingly, even … experiment, even when it is not in a selfish world.-- Experiments ; incomplete contracts ; relationship-specific investment …
Persistent link: https://www.econbiz.de/10003809931
issue differ widely, all concerns regard the independence of subjects' behavior within one session or experiment. This paper …
Persistent link: https://www.econbiz.de/10003883277
The quadratic scoring rule (QSR) is often used to guarantee an incentive compatible elicitation of subjective probabilities over events. Experimentalists have regularly not been able to ensure that subjects fully comprehend the consequences of their actions on payoffs given the rules of the...
Persistent link: https://www.econbiz.de/10003952491
Maniadis et al. (2013) present a theoretical framework that aims at providing insights into the mechanics of proper inference. They suggest that a decision about whether to call an experimental finding noteworthy, or deserving of great attention, should be based on the calculated post-study...
Persistent link: https://www.econbiz.de/10009784010
experimenter-participants to test whether deception affects behaviour of participant-participants in a dictator experiment and …
Persistent link: https://www.econbiz.de/10009544383
instructions' format affects the participants' understanding of the experiment, their speed of play and their experimental behavior …. We show that longer instructions do not significantly improve the subjects' understanding of the experiment; on …
Persistent link: https://www.econbiz.de/10009349750
We study in an experiment whether humans prefer to depend on decisions of other humans (social uncertainty) or states … other humans. This is the first experiment that studies social uncertainty that does not derive from a strategic situation …
Persistent link: https://www.econbiz.de/10011392605
effects on trust and performance in exchange relations through a laboratory experiment. Formal institutions are modeled as … third-party contract enforcement while informal institutions are represented as shared group identity. Results show that … trust choices increase as contract enforcement increases but are not affected by shared group identity. However, performance …
Persistent link: https://www.econbiz.de/10011349339