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Fair Wages and the Co-Employment of Hired and RentedHands- An Experimental Study –

Alewell, Dorothea; Friedrich, Colette; Güth, Werner; … - Max-Planck-Institut für Ökonomik <Jena> - Abteilung …

A firm with stochastic demand can rely on hired hands when demand is low and rent additionallabour when demand is higher. For high demand this implies the co-employmentof hired hands, paid directly by the firm, and of rented hands who are paid by a rentalagency. This may cause severe problems if...

Persistent link: https://www.econbiz.de/10005866944

The Eect of Group Identityin an Investment Game

Güth, Werner; Levati, Maria Vittoria; Ploner, Matteo - Max-Planck-Institut für Ökonomik <Jena> - Abteilung …

The present research experimentally examines the ininfluence of groupidentity on trust behavior in an investment game. In one treatment,group identity is manipulated only through the creation of artificial(minimal) groups. In other treatments group members are additionallyrelated by outcome...

Persistent link: https://www.econbiz.de/10005866946

Effective equity experiences from an ultimatum experiment

Güth, Werner; Kovács, Judit - Max-Planck-Institut für Ökonomik <Jena> - Abteilung …

experiment determines endogenously whether unfair offers are detected andsanctionable. In our experiment a proposer and a …

Persistent link: https://www.econbiz.de/10005866948

Loss aversion and learning to bid

Dittrich, Dennis Alexis Valin; Güth, Werner; Kocher, Martin - Max-Planck-Institut für Ökonomik <Jena> - Abteilung … - 2005

Bidding challenges learning theories since experiences with the same bid vary stochastically:the same choice can result in either a gain or a loss. In such an environment thequestion arises how the nearly universally documented phenomenon of loss aversion affectsthe adaptive dynamics. We analyze...

Persistent link: https://www.econbiz.de/10005866949

Fairness versus Efficiency - An Experimental Study of (Mutual) Gift Giving

Güth, Werner; Kliemt, Hartmut; Ockenfels, Axel - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2002

individual payoffs, is a potentially competing concern in games such as the prisoners' dilemma. In our experiment participants …

Persistent link: https://www.econbiz.de/10005867006

Tax evasion and state productivity - Anexperimental study

Güth, Werner; Strauß, Sabine; Sutter, Matthias - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2002

In an overlapping generations-experiment with multiple families participants caneither support their parents directly …

Persistent link: https://www.econbiz.de/10005867009

Experimentelle Ökonomik - Modell-Platonismus in neuem Gewand?

Güth, Werner; Kliemt, Hartmut - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2002

In diesem Beitrag lassen wir herkömmliche Kritikpunkte an der ökonomischen Neo-Klassik Revue passieren und untersuchen, inwieweit die heutige experimentelle Ökonomik diesen durch gesteigerte Realwissenschaften entgeht. Eine induktive Vorgehensweise, bei der im Labor Ergebnisse unter...

Persistent link: https://www.econbiz.de/10005867037

Wie Du mir, so ich Dir! - Ökonomische Theorie und Experiment am Beispiel der Reziprozität

Güth, Werner; Kliemt, Hartmut; Napel, Stefan - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2002

Economists usually treat human behavior as being determined by the shadow of the future, while most other social scientists point to the shadow of the past. This paper considers experimental evidence relevant to the controversy and tries to reconcile both explanations of human behavior with each...

Persistent link: https://www.econbiz.de/10005867039

Bargaining Outside the Lab –A Newspaper Experiment of a Three-Person Ultimatum Game

Güth, Werner; Schmidt, Carsten; Sutter, Matthias - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2005

In a large scale newspaper experiment 5,132 readers of the German weekly, Die Zeit, participated in a three …-person bargaining game. In our data analysis we focus on (1) the influence of age, gender, profession and the medium chosen for … experiment. Furthermore, student behavior is not different from non-student behavior when the same age group is considered …

Persistent link: https://www.econbiz.de/10005867078

Interpersonal allocation behavior in a household savings experiment

Anderhub, Vital; Dittrich, Dennis; Güth, Werner; … - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2003

expectations in an experiment. In eachperiod of their life both partners propose a consumption level one of which isthen randomly …

Persistent link: https://www.econbiz.de/10005867110