Showing 1 - 10 of 134
The need for efficient coordination is ubiquitous in organizations and industries. The literature on the determinants of efficient coordination has focused on individual decision making so far. In reality, however, teams often have to coordinate with other teams. We present a series of...
Persistent link: https://www.econbiz.de/10010267000
The need for efficient coordination is ubiquitous in organizations and industries. The literature on the determinants of efficient coordination has focused on individual decision making so far. In reality, however, teams often have to coordinate with other teams. We present a series of...
Persistent link: https://www.econbiz.de/10003862333
Evidence from an experiment investigating the house money effect in the context of a public goods game is reconsidered. Analysis is performed within the framework of the panel hurdle model, in which subjects are assumed to be one of two types: free-riders, and potential contributors. The effect...
Persistent link: https://www.econbiz.de/10010323869
For decades, experimental economics has been very interested in behavior that could be characterized as practicing solidarity (although the term is rarely used). Solidarity is a key concept in Catholic Social Teaching. This paper builds a bridge between these two endeavors that, thus far, had...
Persistent link: https://www.econbiz.de/10011580498
In the dictator game, the recipient's opportunity to send a message to the dictator increases giving. This paperreports two experimentswhich study how the timing of messages affects dictators' decisions (experiment 1) and which value recipients attach to communication opportunities (experiment...
Persistent link: https://www.econbiz.de/10011688388
On the doctrinal surface, there is a deep divide between common and continental law when it comes to the origin of contractual obligations. Under continental law, in principle a unilateral promise suffices. Common law by contrast requires consideration. When it comes to deciding cases, the...
Persistent link: https://www.econbiz.de/10011789566
Under common law, the standard remedy for breach of contract is expectation damages. Under continental law, the standard is specific performance. The common law solution is ex post efficient. But is it also ex ante efficient? We use experimental methods to test whether knowing that...
Persistent link: https://www.econbiz.de/10011789567
Public goods are dealt with in two literatures that neglect each other. Mechanism design advises a social planner that expects individuals to misrepresent their valuations. Experiments study the provision of the good when preferences might be non-standard. We introduce the problem of the...
Persistent link: https://www.econbiz.de/10011789573
Evidence from an experiment investigating the "house money effect" in the context of a public goods game is reconsidered. Analysis is performed within the framework of the panel hurdle model, in which subjects are assumed to be one of two types: free-riders, and potential contributors. The...
Persistent link: https://www.econbiz.de/10009569530
In the dictator game, the recipient's opportunity to send a message to the dictator increases giving. This paperreports two experimentswhich study how the timing of messages affects dictators' decisions (experiment 1) and which value recipients attach to communication opportunities (experiment...
Persistent link: https://www.econbiz.de/10010361495