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Electronic commerce has grown extraordinarily over the years, with online auctions being extremely successful forms of trade. Those auctions come in a variety of different formats, such as the Buy-It-Now auction format on eBay, that allows sellers to post prices at which buyers can purchase a...
Persistent link: https://www.econbiz.de/10003935655
Contract flexibility can be expedient for economic exchange in environments with high ambiguity and risk, but may also encourage opportunistic behavior. We run a modified investment game, including the choice between two different contract designs and asymmetric information about the realized...
Persistent link: https://www.econbiz.de/10010529510
This paper presents a simple adaptive model of demand adjustment in cooperative games, and analyzes this model in weighted majority games. In the model, a randomly chosen player sets his demand to the highest possible value subject to the demands of other coalitions members being satisfied. This...
Persistent link: https://www.econbiz.de/10012665574
quality. This study is the first to use a natural field experiment to test this proposition, and the first to test it in a … labour market context. We sent out 12,301 job applications, varying the information on degree classification - a signal of …
Persistent link: https://www.econbiz.de/10013475155
We run a field experiment to investigate whether competing in rank-order tournaments with different prize spreads … affects individual performance. Our experiment involved students from an Italian University who took an intermediate exam in …
Persistent link: https://www.econbiz.de/10011455813
The ability of a tax authority to successfully collect taxes depends critically on both its relationship with the taxpayers and how strongly these taxpayers are committed to contributing to the common good. We present evidence on a new non-intrusive approach aimed at fostering the commitment to...
Persistent link: https://www.econbiz.de/10011565549
and conducted a laboratory experiment to test this proposition. In the field experiment, taxpayers with a history of being … compliant are more likely to make a promise. Similarly, the laboratory experiment indicates that individuals with higher tax …. The field experiment indicates that commitment can improve payment behavior. This effect, however, is strongly dependent …
Persistent link: https://www.econbiz.de/10011821355
Persistent link: https://www.econbiz.de/10011932612
engage children in making healthful choices. We conduct a field experiment with over 1,500 participants in grades K-8 and … evaluate the impact of small non-monetary incentives on the selection of milk in the school lunchroom. At baseline, only 16% of … children select white milk relative to 84% choosing chocolate milk. We find a significant effect of incentives, which increase …
Persistent link: https://www.econbiz.de/10014138548
outcomes, thus ignoring possible repercussions. We present a field experiment in which we consider a phenomenon that we call …
Persistent link: https://www.econbiz.de/10010199693