Showing 1 - 10 of 128
a laboratory experiment. I let subjects perform a simple cognitive task with the possibility to herd under different …
Persistent link: https://www.econbiz.de/10010734355
laboratory experiment. I let subjects perform a simple cognitive task under different treatment conditions and levels of time …
Persistent link: https://www.econbiz.de/10010625624
a laboratory experiment. I let subjects perform a simple cognitive task with the possibility to herd under different …
Persistent link: https://www.econbiz.de/10011195570
value maximization in tickets. This payoff scheme was increasingly used to induce risk neutrality in experiments. The … experiment presented here involved lottery choice and valuation tasks. One subject group was paid in binary lottery tickets …, another directly in money. significantly greater deviations from risk neutral behavior are observed with binary lottery …
Persistent link: https://www.econbiz.de/10004968262
early periods. Risk attitudes measured with a subsequent lottery-choice experiment do not correlate with the behavior … abstract from confounding effects of reciprocal behavior, we design an experiment where a public official decides upon … accepting a bribe that leads to a higher present period income while facing the risk of being audited and being left with a …
Persistent link: https://www.econbiz.de/10010658704
According to the effective market theory, the stock prize on an effective market is the best estimate of the stock's current value. This is the basic assumption for predictions using experimental markets. This article describes the first experimental market organised in the Czech Republic, the...
Persistent link: https://www.econbiz.de/10005258277
The results of an asset market experiment, in which 64 subjects trade two assets on eight markets in a computerized …
Persistent link: https://www.econbiz.de/10005765199
, gender, personality test scores). The data are largely in line with Subjective Equilibrium Analysis (Kalai & Lehrer, 1995). …
Persistent link: https://www.econbiz.de/10005642409
laboratory experiment. Laboratory evidence on compliance behaviour of firms when faced with enforcement conditions predicted by …
Persistent link: https://www.econbiz.de/10011258128
To address the impact of regulation on ethical concerns of consumers, we study the example of minimum wages. In our experimental market, consumers have monopsony power, firms set prices and wages, and workers are passive recipients of a wage payment. We find that the consumers exhibit...
Persistent link: https://www.econbiz.de/10010986687