Showing 1 - 10 of 208
The use of recycled aggregate concrete can reduce the use of primary resources as well as the amount of waste generated. However, the diffusion of recycled aggregate concrete requires the price competitiveness. This study investigated the question of what the optimal price for recycled aggregate...
Persistent link: https://www.econbiz.de/10013291292
We conduct a contest experiment where participants can invest in increasing both the mean and the spread of an uncertain performance variable. Subjects are treated with different prize schemes and in accordance with theory we observe substantial investments in spread. We find that both types of...
Persistent link: https://www.econbiz.de/10011917025
We conduct a contest experiment to study if spread seeking and effort can be managed in a situation where participants can invest in increasing both the mean and the spread of an uncertain performance variable. Subjects are treated with different prize schemes and in accordance with theory, we...
Persistent link: https://www.econbiz.de/10013208780
When affirmative action policies target more than one disadvantaged group, they contain uncertainty as to whether an individual who belongs to one of these groups was actually favored. In a laboratory experiment, we study how this feature affects outcomes of affirmative action in the form of...
Persistent link: https://www.econbiz.de/10014321228
This paper analyzes the coordination challenge a partial cartel faces when payoff asymmetries between potential cartel insiders and potential cartel outsiders are large. We introduce two experimental treatments: a standard treatment where a complete cartel can be supported in a Nash equilibrium...
Persistent link: https://www.econbiz.de/10014501600
Public goods are dealt with in two literatures that neglect each other. Mechanism design advises a social planner that expects individuals to misrepresent their valuations. Experiments study the provision of the good when preferences might be non-standard. We introduce the problem of the...
Persistent link: https://www.econbiz.de/10011789573
This paper tests motivational crowding out in the domain of charitable giving. A novelty is that our experiment isolates alternative explanations for the decline of giving such as strategic considerations of decision makers. Moreover, preference elicitation allows us to focus on the reaction of...
Persistent link: https://www.econbiz.de/10011796948
This paper provides experimental evidence on the formation of partial cartels with endogenous coordination. Firms face a coordination challenge when a partial cartel is to be formed as every firm is better off if it is not inside the cartel but is a free-riding outsider. We introduce a...
Persistent link: https://www.econbiz.de/10010311835
Policies and explicit private incentives designed for self-regarding individuals sometimes are less effective or even counterproductive when they diminish altruism, ethical norms and other social preferences. Evidence from 51 experimental studies indicates that this crowding out effect is...
Persistent link: https://www.econbiz.de/10003872219
Consider a situation where person A undertakes a costly action that benefits person B. This behavior seems altruistic. However, if A expects a reward in return from B, then A's action may be motivated by the expected rewards rather than by pure altruism. The question we address in this...
Persistent link: https://www.econbiz.de/10003951709