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A Gift-Exchange With Probabilistic Payoffs

Luzuriaga, Miguel; Kunze, Oliver - In: International Journal of Applied Behavioral Economics … 6 (2017) 4, pp. 1-18

This article describes how there exists ample experimental evidence demonstrating a positive wage-effort relationship in which the results from the employee's effort lead to deterministic firm payoffs. The authors thus investigate a reframed version of the gift-exchange game in which the firms'...

Persistent link: https://www.econbiz.de/10012042552

Are Experienced Managers Experts at Overcoming Coordination Failure?

Cooper, David J - In: The B.E. Journal of Economic Analysis & Policy 6 (2006) 2

This paper studies experiments set in a corporate environment where a manager attempts to overcome a history of …

Persistent link: https://www.econbiz.de/10014587453

Risk and Transactions Cost in Contracting: Results from a Choice-Based Experiment

Hudson, Darren; Lusk, Jayson - In: Journal of Agricultural & Food Industrial Organization 2 (2004) 1

Contracting is a contentious issue in agriculture. Competing theories assert that risk or transactions cost drive contracting decisions, with some argument that autonomy also plays a role. We examine preferences for different contract attributes using a choice-based conjoint experiment. Results...

Persistent link: https://www.econbiz.de/10014601245

On the Implications of Essential Heterogeneity for Estimating Causal Impacts Using Social Experiments

Ravallion, Martin - In: Journal of Econometric Methods 4 (2015) 1, pp. 145-151

Abstract The standard model of essential heterogeneity, whereby program take up depends on unobserved costs and benefits of take up, is generalized to allow the source of latent heterogeneity to influence counterfactual outcomes. The standard instrumental variables (IV) estimator is shown to...

Persistent link: https://www.econbiz.de/10014612562

It's all about Connections: Evidence on Network Formation

Falk, Armin; Kosfeld, Michael - In: Review of Network Economics 11 (2012) 3

Abstract We present an economic experiment on network formation, in which subjects can decide to form links to one another. Direct links are costly but being connected is valuable. The game-theoretic basis for our experiment is the model of Bala and Goyal (2000). They distinguish between two...

Persistent link: https://www.econbiz.de/10014618826

Bias and Size Effects of Price-Comparison Platforms: Theory and Experimental Evidence

García-Gallego, Aurora; Georgantzís, Nikolaos; … - In: Review of Network Economics 15 (2017) 1, pp. 1-34

Abstract We analyze the impact on consumer prices of some information characteristics of price-comparison search platforms. An equilibrium model where vendors compete in prices and consumers do not observe prices, but can obtain price information through a search platform, is developed. The...

Persistent link: https://www.econbiz.de/10014618876

Macroeconomic experiments

Heinemann, Frank; Noussair, Charles - In: Journal of Economic Studies 42 (2015) 6, pp. 930-942

how experiments can be used in macroeconomics. Originality/value – The paper discusses the rationale for using behavioral … experiments in macroeconomics, and summarizes the papers in the symposium. …

Persistent link: https://www.econbiz.de/10014864516

Interplay between performance measurement and management, employee engagement and performance

Smith, Marisa; Bititci, Umit Sezer - In: International Journal of Operations & Production Management 37 (2017) 9, pp. 1207-1228

Purpose The purpose of this paper is to recognise the importance of the interplay between performance measurement, performance management, employee engagement and performance. However, the nature of this phenomenon is not well understood. Analysis of the literature reveals two dimensions of...

Persistent link: https://www.econbiz.de/10014791652

Experimental public administration from 1992 to 2014

Bouwman, Robin; Grimmelikhuijsen, Stephan - In: International Journal of Public Sector Management 29 (2016) 2, pp. 110-131

experiments by focusing on their experimental type, design, sample type and realism levels and external validity. The aim is to … attributed mostly to some subfields of public administration. Furthermore, most experiments in public administration tend to have …. Finally, the authors recommend to better utilize experiments to generate usable knowledge for practitioners and to replicate …

Persistent link: https://www.econbiz.de/10014799823

Managing portfolio interdependencies

Killen, Catherine P. - In: International Journal of Managing Projects in Business 10 (2017) 4, pp. 856-879

sample of 480 experiments. Findings The type of data representation used is associated with differing levels of decision …

Persistent link: https://www.econbiz.de/10014786562