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Feedback and dynamics in public good experiments

Bigoni, Maria; Suetens, Sigrid - In: Journal of Economic Behavior & Organization 82 (2012) 1, pp. 86-95

In this paper we study the effects of providing additional feedback about individual contributions and/or earnings on … aggregate, contributions are lower when feedback on earnings is provided compared to when feedback on contributions is provided …. We also find that there exist substantial but intuitively appealing differences in the way individuals react to feedback …

Persistent link: https://www.econbiz.de/10010573038

An unlucky feeling: Overconfidence and noisy feedback

Grossman, Zachary; Owens, David - In: Journal of Economic Behavior & Organization 84 (2012) 2, pp. 510-524

feedback, participants in an experiment overestimate their own scores on a quiz and believe their feedback to be ‘unlucky … participants with the worst-calibrated beliefs. This suggests that social comparisons contribute to the biased response to feedback … on relative performance observed in other studies. While feedback improves performance estimates, this learning does not …

Persistent link: https://www.econbiz.de/10011048066

The dynamic quality of law: The role of judicial incentives and legal human capital in the adaptation of law

Hadfield, Gillian K. - In: Journal of Economic Behavior & Organization 79 (2011) 1, pp. 80-94

In this paper I show that the capacity for a legal regime to generate value-enhancing legal adaptation to local and changing conditions through adjudication depends on its capacity to generate and implement adequate expertise about the environment in which law is applied (shared legal human...

Persistent link: https://www.econbiz.de/10010573069

When parity promotes peace: Resolving conflict between asymmetric agents

Kimbrough, Erik O.; Sheremeta, Roman M.; Shields, Timothy W. - In: Journal of Economic Behavior & Organization 99 (2014) C, pp. 96-108

Due to the high costs of conflict both in theory and practice, we examine and experimentally test the conditions under which conflict between asymmetric agents can be resolved. We model conflict as a two-agent rent-seeking contest for an indivisible prize. Before conflict arises, both agents may...

Persistent link: https://www.econbiz.de/10011048067

Endogenous community formation and collective provision – A procedurally fair mechanism

Güth, Werner - In: Journal of Economic Behavior & Organization 108 (2014) C, pp. 389-395

A group of actors, individuals or firms, can engage in collectively providing projects which may be costly or generating revenues and which may benefit some and harm others. Based on requirements of procedural fairness, we derive a bidding mechanism determining endogenously who participates in...

Persistent link: https://www.econbiz.de/10011116861

Theocracy and resilience against economic sanctions

Naghavi, Alireza; Pignataro, Giuseppe - In: Journal of Economic Behavior & Organization 111 (2015) C, pp. 1-12

This paper provides a simply theory to explain the impact of sanctions on a regime's policies and behavior. Sanctions are generally put to strip the target country from its available rents and weaken the government's stance against growing discontent in the population. We show however that...

Persistent link: https://www.econbiz.de/10011208870

A simple model of project selection with strategic communication and uncertain motives

Rantakari, Heikki - In: Journal of Economic Behavior & Organization 102 (2014) C, pp. 14-42

I analyze a problem of project selection where two agents, privately informed of both the true value and their bias in favor of their alternatives, make non-verifiable proposals to an uninformed decision-maker. The analysis makes two contributions. First, I examine the consequences of preference...

Persistent link: https://www.econbiz.de/10010776750

Gender differences in a market with relative performance feedback: Professional tennis players

Wozniak, David - In: Journal of Economic Behavior & Organization 83 (2012) 1, pp. 158-171

has also been found that performance feedback leads to more efficient choices for students and in experimental settings …. Professional athletes competing in individual sports typically have access to performance feedback and good information about the …

Persistent link: https://www.econbiz.de/10010573070

Cooperation in local and global groups

Fellner, Gerlinde; Lünser, Gabriele K. - In: Journal of Economic Behavior & Organization 108 (2014) C, pp. 364-373

marginal per capita returns, resulting in different social returns, and social feedback information. If social returns are … contributions of global group members can be observed. We thus identify social feedback information as a key factor for …

Persistent link: https://www.econbiz.de/10011116875

Property rights, entrepreneurship and coordination

Harper, David A. - In: Journal of Economic Behavior & Organization 88 (2013) C, pp. 62-77

The notion of plan coordination enjoys a central place in the analysis of institutions and competitive market processes. The conventional wisdom is that institutions and policies vary in the extent to which they promote competition and how quickly and completely they bring individuals’ plans...

Persistent link: https://www.econbiz.de/10010636226

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