Showing 1 - 10 of 302
survey data is limited by measurement error and by the questionability of their behavioral relevance. Here we present a … representative behavioral data from a social dilemma experiment. We identify which survey questions intended to elicit people's trust … correlate well with behaviorally exhibited trust in the experiment. People above the age of 65, highly skilled workers and …
Persistent link: https://www.econbiz.de/10010262013
survey data is limited by measurement error and by the questionability of their behavioral relevance. Here we present a … with representative behavioral data from a social dilemma experiment. We identify which survey questions intended to elicit … people s trust correlate well with behaviorally exhibited trust in the experiment. People above the age of 65, highly skilled …
Persistent link: https://www.econbiz.de/10011402471
In recent years, the banking industry has witnessed several cases of excessive risk-taking that frequently have been attributed to problematic professional norms. We conduct experiments with employees from several banks in which we manipulate the saliency of their professional identity and...
Persistent link: https://www.econbiz.de/10011624184
In recent years, the banking industry has witnessed several cases of excessive risk-taking that frequently have been attributed to problematic professional norms. We conduct experiments with employees from several banks in which we manipulate the saliency of their professional identity and...
Persistent link: https://www.econbiz.de/10011617546
This paper observes in which way working hours as well as effort respond to a wage increase and we have full control regarding theworkers´ anticipation of the wage increase.
Persistent link: https://www.econbiz.de/10005846395
survey data is limited by measurement error and by the questionability of their behavioral relevance. Here we present a … with representative behavioral data from a social dilemma experiment. We identify which survey questions intended to elicit … people's trust correlate well with behaviorally exhibited trust in the experiment. People above the age of 65, highly skilled …
Persistent link: https://www.econbiz.de/10010315765
Previous experimental work provides encouraging support for some of the central assumptions underlying Hart and Moore (2008)'s theory of contractual reference points. However, existing studies ignore realistic aspects of trading relationships such as informal agreements and expost renegotiation....
Persistent link: https://www.econbiz.de/10010316871
We report on several experiments on the optimal allocation of ownership rights. The experiments confirm the property rights approach by showing that the ownership structure affects relationship-specific investments and that subjects attain the most efficient ownership allocation despite starting...
Persistent link: https://www.econbiz.de/10010261192
We provide evidence that long-term relationships between trading parties emerge endogenously in the absence of third party enforcement of contracts and are associated with a fundamental change in the nature of market interactions. Without third party enforcement, the vast majority of trades are...
Persistent link: https://www.econbiz.de/10010261611
changes. We tested this prediction by conducting a randomized field experiment with bicycle messengers. In contrast to … preferences, since the wage in our experiment directly rewarded effort. We show that a simple model of loss averse, reference …
Persistent link: https://www.econbiz.de/10010261772