Showing 1 - 10 of 34
We document experimentally how biased self-assessments affect the outcome of matching markets. In the experiments, we …, or to wait for the assortative matching based on their actual relative performance. Early offers are accepted more often …
Persistent link: https://www.econbiz.de/10011574124
We document experimentally how biased self-assessments affect the outcome of matching markets. In the experiments, we …, or to wait for the assortative matching based on their actual relative performance. Early offers are accepted more often …
Persistent link: https://www.econbiz.de/10011591092
The paper surveys the experimental literature on matching markets. It covers house allocation, school choice, and two …-sided matching markets such as college admissions. The main focus of the survey is on truth-telling and strategic manipulations by … the agents, on the stability and efficiency of the matching outcome, as well as on the distribution of utility. …
Persistent link: https://www.econbiz.de/10012004446
The matching literature commonly rules out that market design itself shapes agent preferences. Underlying this premise … matching process. Under this assumption, a centralized matching market can often outperform a decentralized one. Using a quasi …
Persistent link: https://www.econbiz.de/10012014369
The paper surveys the experimental literature on matching markets. It covers house allocation, school choice, and two …-sided matching markets such as college admissions. The main focus of the survey is on truth-telling and strategic manipulations by … the agents, on the stability and efficiency of the matching outcome, as well as on the distribution of utility. …
Persistent link: https://www.econbiz.de/10012033568
The matching literature commonly rules out that market design itself shapes agent preferences. Underlying this premise … matching process. Under this assumption, a centralized matching market can often outperform a decentralized one. Using a quasi …
Persistent link: https://www.econbiz.de/10012033869
We document experimentally how biased self-assessments affect the outcome of labor markets. In the experiments, we exogenously manipulate the self-confidence of participants in the role of workers regarding their relative performance by employing hard and easy real-effort tasks. Participants in...
Persistent link: https://www.econbiz.de/10012138436
In a model with private information of the worker about her ability and unobservable effort choice, the role of public and private employment services is analyzed. The coexistence of an inefficient employment exchange and an efficient private agency may lead to optimal screening with first best...
Persistent link: https://www.econbiz.de/10009658470
Dismissal rules, i.e. legally enforced long term contracts, have beem defended against criticism for, among other things, providing efficient incentives to invest in relationship specific skills. However, in many situations efficient investment can also be attained by spot contracts. We...
Persistent link: https://www.econbiz.de/10009580472
Ambition as the desire for personal achievement is an important driver of behavior. Using laboratory experiments, we study the role of social influence on ambition in two distinct domains of achievement, namely performance goals and task complexity. In the first case, participants set themselves...
Persistent link: https://www.econbiz.de/10012033501