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study such preferences in a laboratory experiment by eliciting the willingness-to-pay to receive or to avoid verbal feedback …Depending on the context at hand, people's preference for receiving feedback might differ. Especially in allocation … decisions that directly concern another individual, feedback from the affected person can have positive or negative value. We …
Persistent link: https://www.econbiz.de/10012169494
experiment in a large retail chain. In a 2 × 2 factorial design, we vary: (i) whether store managers obtain access to decision …
Persistent link: https://www.econbiz.de/10013238644
We investigate the effect of a donation incentive tied to contributions to a public good when group members can decide on the size of the donation to be made. An up to 20 % donation of the public good was implemented either exogenously or endogenously by group members. In the Vote treatment,...
Persistent link: https://www.econbiz.de/10012494092
incentives to an existing workforce. We conducted a natural field experiment with 267 short-time workers and randomly allocated …
Persistent link: https://www.econbiz.de/10012009033
works in anindividual decision experiment. Subjects are faced with a sequentialsearch problem. After extensive practice …
Persistent link: https://www.econbiz.de/10011283474
works in anindividual decision experiment. Subjects are faced with a sequentialsearch problem. After extensive practice …
Persistent link: https://www.econbiz.de/10010324683
In this paper we are studying a multiple player two-armed bandit model with two risky arms in discrete time. Players have to find the superior arm and can learn from others' history of choices and successes. In equilibrium, there is no con?ict between individual and social rationality. If agents...
Persistent link: https://www.econbiz.de/10010274056
Persistent link: https://www.econbiz.de/10003887190
I experimentally examine whether feedback about others' choices provides an anchor for decision-making under ambiguity …
Persistent link: https://www.econbiz.de/10010364762
We report an experiment on a decision task by SAMUELSON and BAZERMAN (1985). Subjects submit a bid for an item with an …
Persistent link: https://www.econbiz.de/10011539130