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more likely to win the auction when teams bid. -- UMTS auction ; team decision-making ; experiment ; winner's curse …
Persistent link: https://www.econbiz.de/10009731143
Persistent link: https://www.econbiz.de/10003675359
Export boosting is a policy agenda in developed and developing countries. Previous work has found that a small number of Superstars contribute disproportionally to the economy's overall exports. Differently from Superstars, this study is the first to define high growth exporters (HGXs), provide...
Persistent link: https://www.econbiz.de/10013393569
We examine behavior in one-shot appropriation games with deterministic and probabilistic degradation externalities …
Persistent link: https://www.econbiz.de/10010462744
SME default prediction is a long-standing issue in the finance and management literature. Proper estimates of the SME risk of failure can support policymakers in implementing restructuring policies, rating agencies and credit analytics firms in assessing creditworthiness, public and private...
Persistent link: https://www.econbiz.de/10013472256
who try to win via illicit means which crowds out the best performers. We use a laboratory experiment to explore the role …
Persistent link: https://www.econbiz.de/10011548973
Time preferences drive decisions in many economic situations, such as investment contexts or salary negotiations. These situations are characterized by a very short time frame for decision making. Preferences are potentially susceptible to the confounding effects of time pressure, as proposed by...
Persistent link: https://www.econbiz.de/10011523286
According to the theory of guilt aversion, agents suffer a psychological cost whenever they fall short of other people's expectations. In this paper we suggest that there may be limits to this kind of motivation. We present evidence from an experimental dictator game showing that dictators...
Persistent link: https://www.econbiz.de/10011455212
Affirmative action rules are often implemented to promote women on labor markets. Little is known, however, about how and whether such rules emerge endogenously in groups of potentially affected subjects. We experimentally investigate whether subjects vote for affirmative action rules, against,...
Persistent link: https://www.econbiz.de/10011455264
laboratory experiment in which subjects purchase products associated with externalities. In six between-subjects treatments, we … alter the availability of information on the externalities, the price of revealing information as well as the nature of the … information is introduced, their behavior depends on the relation between prices and externalities. In situations in which it is …
Persistent link: https://www.econbiz.de/10011984112