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large-scale natural field experiment and a laboratory experiment. Similar to findings in the literature, conventional … matching for the same project results in partial crowding out in the field experiment and, as predicted, crowding out is … reduced under the novel matching scheme. The lab experiment provides more fine-tuned evidence for the change in crowding and …
Persistent link: https://www.econbiz.de/10012969782
In a tedious real effort task, subjects know that their piece rate is either low or ten times higher. When subjects are informed about their piece rate realization, they adapt their performance. One third of subjects nevertheless forego this instrumental information when given the choice - and...
Persistent link: https://www.econbiz.de/10013012566
process of motivated political reasoning in a preregistered online experiment with a nationally representative sample of 1 …
Persistent link: https://www.econbiz.de/10012793076
Persistent link: https://www.econbiz.de/10009631260
In this experiment, we analyze strategic delegation in a Cournot duopoly. Owners can choose among two different …, while the second contract gives an additional sales bonus. Although theory predicts the second contract to be chosen, it is …
Persistent link: https://www.econbiz.de/10013321092
There are many important decision problems where learning through experimentation is costly or impossible. In these situations, individuals may try to learn from observing the outcomes of others who have made similar decisions. Often, however, information about others comprises a selected...
Persistent link: https://www.econbiz.de/10011982107
avoidance in a real-effort setting. Our experiment offers three main results. First, we confirm that preferences for avoidance …
Persistent link: https://www.econbiz.de/10011751477
In this experiment, we analyze strategic delegation in a Cournot duopoly. Owners can choose among two different …, while the second contract gives an additional sales bonus. Although theory predicts the second contract to be chosen, it is …
Persistent link: https://www.econbiz.de/10014069988
We report results of a series of experiments designed to test the stability of the best reply process. With linear demand and cost functions, the process is stable if and only if there are less than three firms in the market. However, we find no experimental evidence of such instability in a...
Persistent link: https://www.econbiz.de/10014083226
Persistent link: https://www.econbiz.de/10013443389