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We study the effect of voting when insiders’ public goods provision may affect passive outsiders. Without voting insiders’ contributions do not differ, regardless of whether outsiders are positively or negatively affected or even unaffected. Voting on the recommended contribution level...
Persistent link: https://www.econbiz.de/10011106491
We study experimentally the relationship between distributional preferences and competitive behavior. We find that spiteful subjects react strongest to competitive pressure and win in a tournament significantly more often than efficiency-minded and inequality averse subjects. However, when given...
Persistent link: https://www.econbiz.de/10008799376
Evidence on behavior of experts in credence goods markets raises an important causality issue: Do ”fair prices” induce ”good behavior”, or do ”good experts” post ”fair prices”? To answer this question we propose and test a model with three seller types: ”the good” choose fair...
Persistent link: https://www.econbiz.de/10010617818
In this article we explore the issues that surround within-subject and between-subject designs. We describe experiments in economics and in psychology that make comparisons using either of these designs (or both) that sometimes yield the same results and sometimes do not. The overall goal is to...
Persistent link: https://www.econbiz.de/10010597465
Evidence on behavior of experts in credence goods markets raises an important causality issue: Do "fair prices" induce "good behavior", or do "good experts" post "fair prices"? To answer this question we propose and test a model with three seller types: "the good" choose fair prices and behave...
Persistent link: https://www.econbiz.de/10010545814
having to pre-commit capacity. In our game, evolution and learning do not drive out this perception. We back these claims …
Persistent link: https://www.econbiz.de/10010547333
Building on a theoretical model we test the hypothesis that effort choices and preferences for redistribution are simultaneously determined. Using cross-country panel data from the World Value Survey, we find that it is important to model preferences for redistribution and effort choices...
Persistent link: https://www.econbiz.de/10010547897
Evidence on behavior of experts in credence goods markets raises an important causality issue: Do "fair prices" induce "good behavior", or do "good experts" post "fair prices"? To answer this question we propose and test a model with three seller types: "the good" choose fair prices and behave...
Persistent link: https://www.econbiz.de/10010550933
We consider three-person envy games with a proposer, a responder, and a dummy player. In this class of games, the proposer, rather than allocating a constant pie, chooses the pie size which the responder can then accept or reject while the dummy player can only refuse his own share. While the...
Persistent link: https://www.econbiz.de/10010551525
Evidence from an experiment investigating the “house money effect” in the context of a public goods game is reconsidered. Analysis is performed within the framework of the panel hurdle model, in which subjects are assumed to be one of two types: free-riders, and potential contributors. The...
Persistent link: https://www.econbiz.de/10010553336