Showing 1 - 10 of 118
We study individual decision making in a lottery-choice task performed by three subject populations: gamblers under psychological treatment (“addicts”), gamblers’ relatives (“victims”), and normal (as far as gambling is considered) individuals. We find that addicts are willing to take...
Persistent link: https://www.econbiz.de/10005594846
This paper compares individual with collective contracts using modified repeated gift exchange games. The game had two variations, both following a partner design. In the individual variation different workers in the same firm can receive separate wages, and in the collective variation all...
Persistent link: https://www.econbiz.de/10005077839
Experimental subjects usually self-select to the laboratory and this may introduce a bias to the derived conclusions. We analyze data stored by a subject-pool management software at an experimental laboratory and speculate about the eect of individual decisions on returning. In particular, we...
Persistent link: https://www.econbiz.de/10008590933
Intercultural relations between Australia and Asia are pivotal to the economic prosperity of the Asia-Pacific region. However, there appears to be tension between Australian domestic and Asian international students at universities in Australia. To measure the degree of trust and patterns of...
Persistent link: https://www.econbiz.de/10008590934
We propose an intergroup competition scheme (ICS) to solve the free-riding problem in the public goods game. Our solution only requires knowledge of the group contributions, is budget balanced and with the right parameters a dominant strategy. The main innovations of our design are that the...
Persistent link: https://www.econbiz.de/10008469896
In this paper we consider data from a large number of economic experiments, and look for demographic effects that may be a source of subject pool bias if not carefully accounted for in the subsequent statistical analysis. Our dataset contains information on 2,408 subjects and 597 experimental...
Persistent link: https://www.econbiz.de/10005594841
We present a brief overview of the experimental economics literature on social preferences. In numerous experiments, economically incentivized subjects are willing to sacrifice part of their material earnings to compensate the kind behavior of others, or will be willing to reciprocate at a...
Persistent link: https://www.econbiz.de/10008691289
Numerous experimental studies use a panel approach to analyze repeated experiments involving a large number of periods. They use “static” panel techniques and do not incorporate any temporal dependency (lags) of the dependent variable. This paper introduces dynamic panel data techniques to...
Persistent link: https://www.econbiz.de/10009292031
Existing experimental studies mainly focus on motivations and choices of thirdparty punishers, but only few of them detect sanction efficacy contradictory results. Our paper wants to shed light on this point. In particular, we want to detect whether the threat of being punished for unfair...
Persistent link: https://www.econbiz.de/10008491388
This work shows the results of experiments where subjects play the Schelling's spatial proximity model (1969, 1971a), in which choices are made sequentially, and a variation of it where the decision-making is simultaneous. The results of the sequential experiments are identical to Schelling's...
Persistent link: https://www.econbiz.de/10008475015