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Public procurement is one of the main cross-sectoral reforms that the Government of Lebanon committed to at the "Conférence économique pour le développement, par les réformes et avec lesentreprises" (CEDRE) held in Paris in April 2018, in order to improve fiscal governance and the qualityof...
Persistent link: https://www.econbiz.de/10012701649
Chapter 1: Efficient Design of an Auction with Discrete Bid Levels This paper studies one of auction design issues: the choice of bid levels. Full efficiency is generally unachievable with a discrete auction. Since there may be more than one bidder who submits the same bid, the auction cannot...
Persistent link: https://www.econbiz.de/10009450772
We investigate whether depleting people's cognitive resources (or willpower) affects the degree to which they are susceptible to framing effects. Recent research in social psychology and economics has suggested that willpower is a resource that can be temporarily depleted and that a depleted...
Persistent link: https://www.econbiz.de/10010955346
precisely whether emotions could reinforce intrinsic motivations. We design a three-stage laboratory experiment. Firstly …
Persistent link: https://www.econbiz.de/10011127780
image concerns of being perceived as a promise breaker play a role. In a controlled laboratory experiment, we vary the ex …
Persistent link: https://www.econbiz.de/10011106295
experiment, a temptations-constrained version of deal-me-out emerges as the clear winner. …
Persistent link: https://www.econbiz.de/10011199691
becoming negative, or vice versa. We report the results of a human–subjects experiment designed to test for two types of loss … a sure gain). Subjects in the experiment play three versions of Stag Hunt, which are identical up to the level of …
Persistent link: https://www.econbiz.de/10010565739
Persistent link: https://www.econbiz.de/10008480610
Frequent criticism in dynamic decision making research pertains to the overly complex nature of the decision tasks used in experimentation. To address such concerns we study dynamic decision making with respect to the simple race game Hog, which has a computable optimal decision strategy. In the...
Persistent link: https://www.econbiz.de/10009458721