Showing 1 - 10 of 269
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
In an experiment we first elicit the distributional preferences of subjects and then let them bid for a lottery, either …
Persistent link: https://www.econbiz.de/10011404058
This paper investigates the role of guilt aversion for corruption in public administration. Corruption is modeled as … the outcome of a game played between a bureaucrat, a lobby, and the public. There is a moral cost of corruption for the …, corruption is more likely when the horizon of the game is relatively long and when public beliefs are initially low and are …
Persistent link: https://www.econbiz.de/10009733217
This paper studies how income tax rates are determined and how they are related to government corruption in the form of … equilibrium there is only limited redistribution and income tax rates are a negative function of government corruption. When rich … voters can bribe the government, an additional equilibrium with zero taxation is possible. The link between corruption and …
Persistent link: https://www.econbiz.de/10009736634
Persistent link: https://www.econbiz.de/10003675359
a prisoner's dilemma game affects behavior and leads to discrimination. Running a framed field experiment with 828 six …
Persistent link: https://www.econbiz.de/10010529903
We study portfolio diversification in an experimental decision task, where asset returns depend on a draw from an ambiguous urn. Holding other information identical and controlling for the level of ambiguity, we find that labeling assets as being familiar or from the homeland of subjects...
Persistent link: https://www.econbiz.de/10010340322
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
experiment is related to children’s risk attitudes and intertemporal choices. Examining such a relationship is motivated by …
Persistent link: https://www.econbiz.de/10010401354