Showing 1 - 10 of 33
Reputation systems that rely on feedback from traders are important institutions for helping sustain trust in markets, while feedback information is usually considered a public good. We apply both theoretical models and experiments to study how raters' feedback behavior responds to different...
Persistent link: https://www.econbiz.de/10008560983
an experiment to test how the presence of impure public goods affects pro-social behaviour. We set parameters, such that …
Persistent link: https://www.econbiz.de/10005621291
We experimentally study the role of reputation in procurement using two common mechanisms: price-based and buyer-determined auctions. While buyers are bound to buy from the lowest bidder in price-based auctions, they can choose between bidders in buyer-determined auctions. Only in the latter...
Persistent link: https://www.econbiz.de/10010274444
size, as in Adams (2002). Our experiment results show that for both production functions bigger groups reduce contribution …
Persistent link: https://www.econbiz.de/10005789220
laboratory experiment. Laboratory evidence on compliance behaviour of firms when faced with enforcement conditions predicted by …
Persistent link: https://www.econbiz.de/10011258128
In Becker et al. (2013a,b), we proposed a theory to explain giving behaviour in dictator experiments by a combination of selfishness and a notion of justice. The theory was tested using dictator, social planner, and veil of ignorance experiments. Here we analyse gender differences in preferences...
Persistent link: https://www.econbiz.de/10011335982
We experimentally test the price-setting behavior of firms in the Rotemberg (1982) model in order to explain puzzles in …
Persistent link: https://www.econbiz.de/10010331333
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/10010331342
We investigate learning and the development of the capability to backward induct in children and young adults aged 6 to 23 under controlled laboratory conditions. The experimental design employs a modified version of the race game. As in the original game (see Burks et al., 2009, Dufwenberg et...
Persistent link: https://www.econbiz.de/10010287359
costly. In a laboratory experiment we implement the Calvo (1983) microfoundations of the Phillips curve. Both of our …
Persistent link: https://www.econbiz.de/10010287415