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Equality, equity and incentives: An experiment

Balafoutas, Loukas; Kocher, Martin G.; Putterman, Louis; … - 2010

We devise a new experimental game by nesting a voluntary contributions mechanism in a broader spectrum of incentive schemes. With it, we study tensions between egalitarianism, equity concerns, self-interest, and the need for incentives. In a 2x2 design, subjects either vote on or exogenously...

Persistent link: https://www.econbiz.de/10010287729

Voting for compromises: Alternative voting methods in polarized societies

Alós-Ferrer, Carlos; Buckenmaier, Johannes - 2021

Democratic societies have been increasingly confronted with extreme, knife-edge election outcomes that affect everybody's lives and contribute to social instability. Even if political compromises based on social conventions as equity or economic arguments as efficiency are available, polarized...

Persistent link: https://www.econbiz.de/10012631630

Pivotality and responsibility attribution in sequential voting

Bartling, Björn; Fischbacher, Urs; Schudy, Simeon - 2015

This paper analyzes responsibility attributions for outcomes of collective decision making processes. In particular, we … ask if decision makers are blamed for being pivotal if they implement an unpopular outcome in a sequential voting process …. We conduct an experimental voting game in which decision makers vote about the allocation of money between themselves and …

Persistent link: https://www.econbiz.de/10011282471

Public goods and voting on formal sanction schemes: An experiment

Putterman, Louis; Tyran, Jean-Robert; Kamei, Kenju - 2010

The burgeoning literature on the use of sanctions to support public goods provision has largely neglected the use of formal or centralized sanctions. We let subjects playing a linear public goods game vote on the parameters of a formal sanction scheme capable both of resolving and of...

Persistent link: https://www.econbiz.de/10010287731

Trust, communication and contracts: Experimental evidence

Ben-Ner, Avner; Putterman, Louis - 2006

We introduce opportunities for pre-play communication and to enter binding or non-binding contracts in trust games, and find (a) communication increases trusting and trustworthiness, (b) contracts are unnecessary for trusting and trustworthy behaviors and are eschewed by many players, (c) more...

Persistent link: https://www.econbiz.de/10010318895

Gender and the labor market: What have we learned from field and lab experiments?

Azmat, Ghazala; Petrongolo, Barbara - 2014

We discuss the contribution of the experimental literature to the understanding of both traditional and previously unexplored dimensions of gender differences and discuss their bearings on labor market outcomes. Experiments have offered new findings on gender discrimination, and while they have...

Persistent link: https://www.econbiz.de/10011380999

Individual characteristics and behavior in repeated games: An experimental study

Davis, Douglas; Ivanov, Asen; Korenok, Oleg - 2014

Using a laboratory experiment, we investigate whether a variety of behaviors in repeated games are related to an array of individual characteristics that are popular in economics: risk attitude, time preference, trust, trustworthiness, altruism, strategic skills in one-shot matrix games,...

Persistent link: https://www.econbiz.de/10011381009

Trust and communication in a property rights dilemma

Ahn, T. K.; Balafoutas, Loukas; Batsaikhan, Mongoljin; … - 2016

We study a laboratory social dilemma game in which incentives to steal from others lead to the socially inefficient diversion of resources from production unless the members of a given mini-society can abide by norms of non-theft or engage in low cost collective protection of their members'...

Persistent link: https://www.econbiz.de/10011669324

Aggregation and convergence in experimental general equilibrium economies constructed from naturally occurring preferences

Crockett, Sean; Friedman, Daniel; Oprea, Ryan - 2017

Prior laboratory experiments have studied general equilibrium economies constructed from “induced preferences” for artificial goods. We introduce new methods that allow us to study economies constructed instead from subjects' actual, “homegrown" preferences. Our subjects reveal their...

Persistent link: https://www.econbiz.de/10012013804

Does Exposure to Unawareness Affect Risk Preferences? A Preliminary Result

Schipper, Burkhard C.; Ma, Wenjun - 2017

One fundamental assumption often made in the literature on unawareness is that risk preferences are invariant to changes of awareness. We study how exposure to unawareness affects choices under risk. Participants in our experiment choose repeatedly between varying sure outcomes and a lottery in...

Persistent link: https://www.econbiz.de/10011936487

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