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We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … to the steady state. While fiercer competition (lower transportation costs or less sluggish demand) leads to higher … quality in both solutions, the quality response to increased competition is weaker when players use feedback strategies …
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In this study, we estimate unadjusted and adjusted gender gap in time preference, risk attitudes, altruism, trust, trustworthiness, cooperation and competitiveness using data on 1088 high-school students from 53 classes. These data, collected by running incentivized experiments in Hungarian...
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This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...
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We study spatially differentiated competition between charities by partnering with two foodbanks in two neighboring … cities to conduct a field experiment with roughly 350 donation appeals. We induce spatial differentiation by varying the … spatially differentiated competition is characterized by sorting, crowding-in, and an absence of spillovers: Donors sort …
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design and test a provision mechanism which utilizes rank competition to mitigate free-riding in impure public goods. In our … receive restricted access (a lower share). In a laboratory experiment Rank-Order-VCM elicits median contributions equal to the … ranks, the contributions are significantly lower and decline over time. We thus provide evidence of rank competition, in …
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