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Mixed Tournaments, Common Shocks, and Disincentives: An Experimental Study
Wu, Steven Y.; Roe, Brian E.; Sporleder, Thomas - 2007
Two well-known hypotheses from the literature on tournaments are that (1) tournaments can filter out common shocks thereby reducing agents’ risk exposure; and (2) disincentive effects can arise when a tournament scheme is administered on a group of mixed ability agents. While handicapping and/or...
Persistent link: https://www.econbiz.de/10009444981
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The Organization of Education
Eisenkopf, Gerald - 2007
.Chapter four discusses the impact of ability grouping in secondary educationon student incentives. Education provides a signal on … unobservable abilityfor employers and improves productivity after education. Selection setsbetter incentives in primary education … (Gesamtschulen) hat die erworbeneQualifikation aber eine höhere Signalwirkung. Deswegen haben die Schülerauch einen höheren Anreiz …
Persistent link: https://www.econbiz.de/10009471898
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Appropriation Externalities in the Commons: Theory and Experimental Evidence
Herr, Andrew - 1996
of the commons.' This dissertation combines the tools of game theory and experimental methods to gain a broader … understanding of the incentives that underlie this prediction. "First, an extensive analysis of a game theoretic CPR model is …
Persistent link: https://www.econbiz.de/10009468337
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Essays on Individual Behavior in Social Dilemma Environments: An Experimental Analysis
Dudley, Dean - 1993
"In this study, individual level behavior is investigated in the context of computer assisted voluntary contribution mechanism public good (VCM) provision experiments and common pool resource (CPR) appropriation experiments. Previous studies of these environments have concentrated on aggregate...
Persistent link: https://www.econbiz.de/10009468340
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Rethinking Local Commons Dilemmas: Lessons from Experimental Economics in the Field
Cardenas, Juan Camilo - 2002
"In particular, the academic debate over the best prediction about the behavior of people that use a common-pool resource (CPR), and the recommended policy approaches to the CPR dilemma have undergone a very interesting evolution throughout the last 3 decades of the pastcentury, since the...
Persistent link: https://www.econbiz.de/10009468435
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Economic Behavior in the Face of Resource Variability and Uncertainty
McAllister, Ryan R. J.; Tisdell, John G.; Reeson, Andrew F. - 2011
paradigms of economic behavior theory are emerging that build an empirical basis for understanding how humans respond to …
Persistent link: https://www.econbiz.de/10009468333
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Join the Leader, Imitate or Follow: Evolutionary Stable Strategies in the Commons
Schott, Stephan - 2010
"We develop an evolutionary game theory model for a limited access common pool resource. With full disclosure of …
Persistent link: https://www.econbiz.de/10009468354
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The Nature of Common-Pool Resource Problems
Gardner, Roy; Ostrom, Elinor; Walker, James M. - 1987
incentives and avoid the predicted theoretical outcomes. The institutional arrangements used to enable multiple users to manage …
Persistent link: https://www.econbiz.de/10009468380
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Behavioral Foundations of Reciprocity: Experimental Economics and Evolutionary Psychology
Hoffman, Elizabeth; McCabe, Kevin; Smith, Vernon - 1995
collect more money from the experimenter than noncooperative game theory predicts. As we interpret it, subject behavior in …
Persistent link: https://www.econbiz.de/10009468384
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Strategic Manipulation of Pollution Permit Markets: An Experimental Approach
Brown-Kruse, Jamie; Elliott, Steven R.; Godby, Rob - 1995
"In this paper we employ experimental economic methods to examine the effect of market structure on the use of marketable emissions permits. In particular, we ask whether firms can strategically manipulate a product market using marketable emissions permits. Subjects participate in two markets,...
Persistent link: https://www.econbiz.de/10009468442