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We investigate the formation of market prices in a new experimental setting involving multi-period call-auction asset markets with state-dependent fundamentals. We are particularly interested in two informational aspects: (1) the role of traders who are informed about the true state and/or (2)...
Persistent link: https://www.econbiz.de/10010429127
In this thesis I present three essays in which the influence of heuristics on individual decision making is analyzed and two essays dealing with behavioral aspects of moral costs. In chapter two, we investigate the effect a traders’ decision can have on the disposition effect heuristic when...
Persistent link: https://www.econbiz.de/10012154730
We present a model where each of two players chooses between remuneration based on either private or team effort. Although at least one of the players has the equilibrium strategy to choose private remuneration, we frequently observe both players to choose team remuneration in a series of...
Persistent link: https://www.econbiz.de/10009752421
Persistent link: https://www.econbiz.de/10010358295
We investigate the formation of market prices in a new experimental setting involving multi-period call-auction asset markets with state-dependent fundamentals. We are particularly interested in two informational aspects: (1) the role of traders who are informed about the true state and/or (2)...
Persistent link: https://www.econbiz.de/10010353591
exploit international tax-rate differentials between entities via transfer pricing. We present a laboratory experiment in …
Persistent link: https://www.econbiz.de/10010259636
In this paper, we investigate in a controlled laboratory experiment physician behavior in the case of payment … heterogeneity. In the experiment, each physician provides medical care to patients whose treatments are paid for either under fee …. Physicians over-serve FFS patients and under-serve CAP patients. After a CAP payment reduction in the experiment we observe …
Persistent link: https://www.econbiz.de/10010410642
exploit international tax-rate differentials between entities via transfer pricing. We present a laboratory experiment in …
Persistent link: https://www.econbiz.de/10010487270
Persistent link: https://www.econbiz.de/10011665723
Pay-for-performance attempts to tie physician payment to quality of care. In a controlled laboratory experiment, we …-for-performance bonus payment in the experiment. It follows that a patient treated under the hybrid payment system is significantly more …
Persistent link: https://www.econbiz.de/10010429135