Narrow search
Showing 1 - 10 of 3,252
Cover Image
The effects of enforced reflection in three simple experiments
Frank, Björn - 2010
related to the time taken for these decisions. Other authors have investigated this relationship by exerting some time … pressure. In this paper, I report on an attempt to do the opposite, i.e., to enforce a longer reflection time. To ensure that … significantly higher, which is in conflict with Rubinstein's conjecture that 50:50 offers take less time because they are …
Persistent link: https://www.econbiz.de/10010286422
Cover Image
Cooling-Off in Negotiations - Does It Work?
Oechssler, Jörg; Roider, Andreas; Schmitz, Patrick W. - 2009
Negotiations frequently end in conflict after one party rejects a final offer. In a large-scale internet experiment, we investigate whether a 24-hour cooling-off period leads to fewer rejections in ultimatum bargaining. We conduct a standard cash treatment and a lottery treatment, where subjects...
Persistent link: https://www.econbiz.de/10011422173
Cover Image
Optimal use of labor market policies: the role of job search assistance
Wunsch, Conny - 2010
should only be used if they fail to find a job within reasonable time despite high expected initial exit rates. …
Persistent link: https://www.econbiz.de/10010269430
Cover Image
Explaining age and gender differences in employment rates: A labor supply side perspective
Humpert, Stephan; Pfeifer, Christian - 2011
This paper takes a labor supply perspective (neoclassical labor supply, job search) to explain the lower employment rates of older workers and women. The basic rationale is that workers choose non-employed if their reservation wages are larger than the offered wages. Whereas the offered wages...
Persistent link: https://www.econbiz.de/10010281775
Cover Image
Explaining age and gender differences in employment rates: A labor supply side perspective
Humpert, Stephan; Pfeifer, Christian - 2012
This paper takes a labor supply perspective (neoclassical labor supply, job search) to explain the lower employment rates of older workers and women. The basic rationale is that workers choose non-employed if their reservation wages are larger than the offered wages. Whereas the offered wages...
Persistent link: https://www.econbiz.de/10010282640
Cover Image
Reservation wages, offered wages, and unemployment duration: new empirical evidence
Christensen, Björn - 2002
This paper studies the reservation wages of unemployed persons and the wages offered them in Germany from 1987 to 1998, whereby special focus is placed on unemployment duration. The results of the study indicate that in contrast to reservation wages, offered wages decline considerably with...
Persistent link: https://www.econbiz.de/10010260485
Cover Image
The ultimatum game and expected utility maximization: In view of attachment theory
Almakias, Shaul; Weiss, Avi - 2009
types and economic decision making, and find that in an Ultimatum Game both proposers' and responders' behavior can be …
Persistent link: https://www.econbiz.de/10010336040
Cover Image
Speeding up reforms? Fragmentation and compensation payments in an experimental design
Ahlfeld, Corinna - 2008
Reform delays emerge frequently in politics but can be solved using compensation payments. A higher degree of fragmentation among the addressees may- according to the theory- reduce these costs. The number of groups and the inherent uncertainty normally influence agents' behaviour. When this...
Persistent link: https://www.econbiz.de/10010271056
Cover Image
Racial differences in inequality aversion: Evidence from real world respondents in the ultimatum game
Griffin, John; Nickerson, David; Wozniak, Abigail - 2011
The distinct historical and cultural experiences of American blacks and whites may influence whether members of those groups perceive a particular exchange as fair. We investigate racial differences in fairness standards using preferences for equal treatment in the ultimatum game, where...
Persistent link: https://www.econbiz.de/10010278527
Cover Image
Psychophysical interpretation for utility measures
He, Yuqing - In: Economics: The Open-Access, Open-Assessment E-Journal 6 (2012) 2012-29, pp. 1-35
The paper explores utility measures by combining experiments with mathematical derivations in the psychophysics paradigm. The analysis on the ultimatum game experiment reveals evidences for the utility threshold and thus supports Bernoulli's utility logarithmic law. Both experimental results and...
Persistent link: https://www.econbiz.de/10010309604