Showing 1 - 10 of 162
In this paper we reply to Binmore and Shaked's criticism of the Fehr-Schmidt model of inequity aversion. We put the theory and their arguments into perspective and show that their criticism is not substantiated. Finally, we briefly comment on the main challenges for future research on social...
Persistent link: https://www.econbiz.de/10010333922
In this paper we reply to Binmore and Shaked's criticism of the Fehr-Schmidt model of inequity aversion. We put the theory and their arguments into perspective and show that their criticism is not substantiated. Finally, we briefly comment on the main challenges for future research on social...
Persistent link: https://www.econbiz.de/10003848846
Economic experiments interact with economic theories in various ways. First of all they are used to test economic …
Persistent link: https://www.econbiz.de/10014211018
Pay What You Want (PWYW) can be an attractive marketing strategy to price discriminate between fair-minded and selfish customers, to fully penetrate a market without giving away the product for free, and to undercut competitors that use posted prices. We report on laboratory experiments that...
Persistent link: https://www.econbiz.de/10010431266
Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this …
Persistent link: https://www.econbiz.de/10010316921
Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this …
Persistent link: https://www.econbiz.de/10010333816
Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this …
Persistent link: https://www.econbiz.de/10010427633
Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this …
Persistent link: https://www.econbiz.de/10009743168
Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this …
Persistent link: https://www.econbiz.de/10009656180
Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this …
Persistent link: https://www.econbiz.de/10009571567