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willingness to enter competition with uncertainty and ambiguity, but men react slightly more than women. Overall, both effects … experiments on gender differences in competition may have measured a lower bound of differences between men and women. …
Persistent link: https://www.econbiz.de/10011719839
Entry decisions in market entry games usually depend on the belief about how many others are entering the market, the belief about the own rank in a real effort task, and subjects' risk preferences. In this paper I am able to replicate these basic results and examine two further dimensions: (i)...
Persistent link: https://www.econbiz.de/10009774194
We study the impact of advice or observation on the depth of reasoning in an experimental beauty-contest game. Both sources of information trigger faster convergence to the equilibrium. Yet, we find that subjects who receive naive advice outperform uninformed subjects permanently, whereas...
Persistent link: https://www.econbiz.de/10009728176
, compete for a prize there is a need for intra-team coordination in order to win the inter-team competition. Introducing …
Persistent link: https://www.econbiz.de/10009731147
has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to … ; competition …
Persistent link: https://www.econbiz.de/10009733215
In a duopoly market, aspiration levels express how much sellers want to earn given their expectations about the other's behavior. We augment the sellers' decision task by eliciting their profit aspiration. In a first experimental phase, whenever satisficing is not possible, sales choices, point...
Persistent link: https://www.econbiz.de/10009734685
This paper investigates how heterogeneity in contestants' investment costs affects the competition intensity in a … dynamic elimination contest. Theory predicts that the absolute level of investment costs has no effect on the competition …
Persistent link: https://www.econbiz.de/10010194825
This paper examines the effect of imperfect labor market competition on the efficiency of compensation schemes in a … high degrees of vertical differentiation, i.e. low competition, low-ability agents are under-incentivized and exert too … little effort. For high degrees of competition, high-ability agents are over-incentivized and bear too much risk. For a range …
Persistent link: https://www.econbiz.de/10011498942
A debate among practicing managers is whether to use cooperative or competitive incentives for team production. While competitive incentives may drive individual effort higher, they may also lead to less help and more sabotage; an issue exacerbated when team members' abilities are varied. Using a...
Persistent link: https://www.econbiz.de/10012621416
. -- competition ; gender gap ; experiment ; children ; teenagers …
Persistent link: https://www.econbiz.de/10009736603