Similar Search Results

The Hidden Costs of Control:An Unsuccessful Replication Study

Ploner, Matteo; Ziegelmeyer, Anthony - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2007

This note reports a replication study of Falk and Kosfeld’s (2006) medium control treatment.In the experimental game, an agent has an endowment of 120 experimental currency units anddecides how much to transfer to a principal. For every unit that the agent gives up, the principalreceives two...

Persistent link: https://www.econbiz.de/10005866534

Searching for the Entrepreneurial Personality:New Evidence and Avenues for Further Research

Caliendo, Marco; Kritikos, Alexander - Institut zur Zukunft der Arbeit <Bonn> - 2011

What makes the entrepreneurial personality is the key question we seek to answer in thespecial issue of the Journal of … Economic Psychology on “Personality and Entrepreneurship”.The contributions are clustered around questions regarding the … linkage between personality,socio-economic factors and entrepreneurial development. Results further explain the genderpuzzle …

Persistent link: https://www.econbiz.de/10009353909

Trust, Positive Reciprocity, and Negative Reciprocity:Do These Traits Impact Entrepreneurial Dynamics?

Caliendo, Marco; Fossen, Frank M.; Kritikos, Alexander - Institut zur Zukunft der Arbeit <Bonn> - 2010

Experimental evidence reveals that there is a strong willingness to trust and to act in bothpositively and negatively …, andbuyers, as well as needing to trust others and reciprocate with their network. We base ouranalysis on the German Socio …) thewillingness to trust other people influences the probability of starting a business; ii) trust,positive reciprocity, and negative …

Persistent link: https://www.econbiz.de/10009360565

Hidden Costs of Control:Three Repetitions and an Extension

Ploner, Matteo; Schmelz, Katrin; Ziegelmeyer, Anthony - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2010

We report three repetitions of Falk and Kosfeld's (2006) low and medium control treatmentswith 364 subjects. Each repetition employs a sample drawn from a standard subject pool ofstudents and demographics vary across samples. Our results largely conict with those of theoriginal study. We mainly...

Persistent link: https://www.econbiz.de/10005870900

Strategic Delay and Rational Imitation in the Laboratory

Ziegelmeyer, Anthony; Boun My, Kene; VERGNAUD, JEAN; … - Max-Planck-Institut für Ökonomik <Jena> - Abteilung …

This paper investigates market failures due to strategic delays. We test experimentally a discrete model of dynamic investment, where two privately informed agents have an option to invest at the time of their choice in the presence of waiting costs. The equilibrium outcome of ourexperimental...

Persistent link: https://www.econbiz.de/10005866694

Road Traffic Congestion and Public Information:An Experimental Investigation

Boun My, Kene; Denant-Boèmont, Laurent; Koessler, … - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2006

This paper reports two laboratory studies designed to study the impact of public informationabout past departure rates on congestion levels and travel costs. Our experimental design isbased on a discrete version of Arnott, de Palma, and Lindsey’s (1990) bottleneck model wheresubjects have to...

Persistent link: https://www.econbiz.de/10005866696

Are preferences complete?An experimental measurement of indecisivenessunder risk

Danan, Eric; Ziegelmeyer, Anthony - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2006

We propose an experimental design allowing a behavioral test of the axiom ofcompleteness of individual preferences. The central feature of our design consistsin enabling subjects to postpone commitment at a small cost. Our main result isthat preferences are significantly incomplete. We use...

Persistent link: https://www.econbiz.de/10005866755

Are preferences incomplete?An experimental study using flexible choices

Danan, Eric; Ziegelmeyer, Anthony - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2004

Completeness, the most commonly assumed axiom in preference theory,has not received much attention from the experimental literature. Indeed,incomplete preferences model a cognitive phenomenon (an agent's inabilityto compare alternatives), and therefore cannot be directly revealed throughchoice...

Persistent link: https://www.econbiz.de/10005866783

Indenture as a Commitment Device in Self-Enforced Contracts: An Experimental Test

Tan, Jonathan H. W.; Kritikos, Alexander - European University Viadrina Frankfurt (Oder)Department … - 2006

How can a principal (an agent) ensure that an agent (a principal) will work (pay up), ifpayment (work) precedes work (payment)? When a banknote is torn in two, each part is byitself worthless. A principal can pre-commit to payment-on-delivery, by tearing a banknoteand giving the agent the first...

Persistent link: https://www.econbiz.de/10005869683

Risk Attitudes of Nascent Entrepreneurs:New Evidence from anExperimentally-Validated Survey

Caliendo, Marco; Fossen, Frank M.; Kritikos, Alexander - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2006

The influence of risk aversion on the decision to become self-employed is a much discussedtopic in the entrepreneurial literature. Conventional wisdom asserts that the role model of anentrepreneur requires to make risky decisions in uncertain environments and hence thatmore risk-averse...

Persistent link: https://www.econbiz.de/10005869676