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We present a simple classroom principal-agent experiment that can effectively be used as a teaching device to introduce important concepts of organizational economics and contracting. In a first part, students take the role of a principal and design a contract that consists of a fixed payment...
Persistent link: https://www.econbiz.de/10003321818
Persistent link: https://www.econbiz.de/10003321822
We present a simple classroom principal-agent experiment that can effectively be used as a teaching device to introduce important concepts of organizational economics and contracting. In a first part, students take the role of a principal and design a contract that consists of a fixed payment...
Persistent link: https://www.econbiz.de/10003315162
Psychological game theory can provide a rational choice explanation of framing effects; frames influence beliefs, and …
Persistent link: https://www.econbiz.de/10003385854
Psychological game theory can provide a rational choice explanation of framing effects; frames influence beliefs, and …
Persistent link: https://www.econbiz.de/10003395754
We introduce the "ball-catching task", a novel computerized real effort task, which combines "real" efforts with induced material cost of effort. The central feature of the ball-catching task is that it allows researchers to manipulate the cost of effort function as well as the production...
Persistent link: https://www.econbiz.de/10010518803
induced values, which is useful for theory-testing purposes as well as for applications. …
Persistent link: https://www.econbiz.de/10010528809
induced values, which is useful for theory-testing purposes as well as for applications. …
Persistent link: https://www.econbiz.de/10010530634
We investigate the link between leadership, beliefs and pro-social behavior. This link is interesting because field evidence suggests that people's behavior in domains like charitable giving, tax evasion, corporate culture and corruption is influenced by leaders (CEOs, politicians) and beliefs...
Persistent link: https://www.econbiz.de/10010417195
We investigate the link between leadership, beliefs and pro-social behavior. This link is interesting because field evidence suggests that people's behavior in domains like charitable giving, tax evasion, corporate culture and corruption is influenced by leaders (CEOs, politicians) and beliefs...
Persistent link: https://www.econbiz.de/10010418877