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Incentives for subjects in internet experiments

Dürsch, Peter (contributor); Oechssler, Joerg (contributor) - 2008

Internet experiments are a new and convenient way for reaching a large subject pool. Yet, providing incentives to subjects can be a tricky design issue. One cost effective and simple method is the publication of a high score (as in computer games). We test whether a high score provides adequate...

Persistent link: https://www.econbiz.de/10003728060

Herding with and without payoff externalities : an internet experiment

Drehmann, Mathias; Oechssler, Joerg; Roider, Andreas - In: International journal of industrial organization 25 (2007) 2, pp. 391-415

Persistent link: https://www.econbiz.de/10003437525

Herding with and without payoff externalities : an internet experiment

Drehman, Mathias; Oechssler, Joerg; Roider, Andreas - 2005

Most real world situations that are susceptible to herding are also characterized by direct payoff externalities. Yet, the bulk of the theoretical and experimental literature on herding has focused on pure informational externalities. In this paper we experi- mentally investigate the effects of...

Persistent link: https://www.econbiz.de/10003380747

Herding and contrarian behavior in financial markets : an internet experiment

Drehmann, Mathias; Oechssler, Joerg; Roider, Andreas - 2004 - Revised version: June 2004, First version: November 2002

designed to test the theory of informational cascades in financial markets (Avery and Zemsky, AER, 1998). More than 6400 … predicted by theory, we find that the presence of a flexible market price prevents herding. However, the presence of contrarian …

Persistent link: https://www.econbiz.de/10010361992