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Measuring the social preferences of economic agents using experiments has become common place. This process, while incentive compatible, is costly and time consuming, making it infeasible in many settings. We combine standard altruism and warm glow choice experiments with a battery of candidate...
Persistent link: https://www.econbiz.de/10014286994
Because costly punishment is not credible, subgame perfection suggests that punishment will not deter free riding, regardless of the size or structure of groups. However, experiments show that people will punish free riders, even at considerable cost. To examine the implications of agents who...
Persistent link: https://www.econbiz.de/10010262078
altruism. Instead, we posit that social reciprocity is a triggered normative response. Our experiment confirms the existence of …
Persistent link: https://www.econbiz.de/10010271935
intent, that can cause incentives to fail. Using an experiment that provides the material circumstances necessary for …
Persistent link: https://www.econbiz.de/10009771729
real effort experiment with participants who work directly for organizations with clear missions. Weeks before the … experiment, we survey potential participants for their organizational preferences. At the experiment, we randomly assign workers …
Persistent link: https://www.econbiz.de/10010125806
supply using a real effort experiment. Two results stand out. First, no one theory seems to fit the pooled data. On average …
Persistent link: https://www.econbiz.de/10011453435
The theory of compensating differentials has proven difficult to test with observational data: the consequences of selection, unobserved firm and worker characteristics, and the broader macroeconomic environment complicate most analyses. Instead, we construct experimental, real-effort labor...
Persistent link: https://www.econbiz.de/10010477537
for this conjecture and we discuss the results of an experiment that confirms that profit sharing is most effective when …
Persistent link: https://www.econbiz.de/10011476533
, we design an experiment based on a task that has been developed to distinguish between System 1 and System 2 thinking …
Persistent link: https://www.econbiz.de/10013198848
The perception of risk affects how people behave during crises. We conduct a series of experiments to explore how people form COVID-19 mortality risk beliefs and the implications for prosocial behavior. We first document that people overestimate their own risk and that of young people, while...
Persistent link: https://www.econbiz.de/10012258020