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We study the attitudes of junior and senior employees towards strategic uncertainty and competition, by means of a market entry game inspired by Camerer and Lovallo (1999). Seniors exhibit higher entry rates compared to juniors, especially when earnings depend on relative performance. This...
Persistent link: https://www.econbiz.de/10013104678
We study the attitudes of junior and senior employees towards strategic uncertainty and competition, by means of a market entry game inspired by Camerer and Lovallo (1999). Seniors exhibit higher entry rates compared to juniors, especially when earnings depend on relative performance. This...
Persistent link: https://www.econbiz.de/10013105828
conventional laboratory environment with students and retirees. Our results are compelling. First, seniors are not more risk …
Persistent link: https://www.econbiz.de/10013317230
merger. Replicating this experiment with students showed differences in strategy rather than in substance between the two …, which occur in both compensation incentives and team composition. The results of a real effort experiment conducted with … groups of subjects with managers appearing performance driven while students are more cost driven …
Persistent link: https://www.econbiz.de/10013319438
We study the attitudes of junior and senior employees towards strategic uncertainty and competition, by means of a market entry game inspired by Camerer and Lovallo (1999). Seniors exhibit higher entry rates compared to juniors, especially when earnings depend on relative performance. This...
Persistent link: https://www.econbiz.de/10010287655
experiment reproduces this model in the laboratory by means of various treatments in which we alter the variance of the …
Persistent link: https://www.econbiz.de/10005822026
We study the impact of communication on behavior in a two-stage coordination game with asymmetric payoffs. We test experimentally whether individuals can avoid a head-to-head confrontation by means of coordinated strategies. In particular we analyze whether and how quickly a conflict-avoidance...
Persistent link: https://www.econbiz.de/10011214041
We study the impact of communication on behavior in a two-stage coordination game with asymmetric payoffs. We test experimentally whether individuals can avoid a head-to-head confrontation by means of coordinated strategies. In particular we analyze whether and how quickly a conflict-avoidance...
Persistent link: https://www.econbiz.de/10011251784
We use skin conductance responses and self-reports of hedonic valence to study the emotional basis of cooperation and punishment in a social dilemma. Emotional reaction to free-riding incites individuals to apply sanctions when they are available. The application of sanctions activates a...
Persistent link: https://www.econbiz.de/10008876559
-effort experiment in which individuals had to decide when to exit the situation: a continuous reinforcement schedule (all periods paid …
Persistent link: https://www.econbiz.de/10008611511