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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 study such preferences in a laboratory experiment by...
Persistent link: https://www.econbiz.de/10012169494
We study theoretically and empirically how monetary incentives and information about others' behavior affects … decrease when stakes are very high. On average, information about others slightly increases the fraction of liars but has no … effect on the size of the lie. Distinguishing subjects by their belief on others' behavior, we find that information …
Persistent link: https://www.econbiz.de/10012422359
Interactions between players with private information and opposed interests are often prone to bad advice and …
Persistent link: https://www.econbiz.de/10011530053
Interactions between players with private information and opposed interests are often prone to bad advice and …
Persistent link: https://www.econbiz.de/10011697162
Interactions between players with private information and opposed interests are often prone to bad advice and …
Persistent link: https://www.econbiz.de/10011881706
We investigate the dynamic effects of a charitable lottery and an income tax on donations. The analysis is based on a two-round dictator game with the subject’s charity of choice as recipient and additional incentives in the first round only. The immediate effect of a charitable lottery leads...
Persistent link: https://www.econbiz.de/10010529466
The market for retail financial products (e.g. investment funds or insurance) is marred by information asymmetries …
Persistent link: https://www.econbiz.de/10011530065
The market for retail financial products (e.g. investment funds or insurances) is marred by information asymmetries … significantly higher when the voluntary payment is large. -- financial advisors ; asymmetric information ; principal-agent ; sender …
Persistent link: https://www.econbiz.de/10009515366
In this paper, I suggest a new experimental method for measuring (dis)honest information transmission. Subjects play a … to be honest, when communicating private information to a game partner, determines the division of payoffs. Using this …
Persistent link: https://www.econbiz.de/10014144845
of asymmetric information on proposer behavior in two different situations which allow for a variation of responder veto … compared to the dictator game is (marginally) smaller when the proposer is in the superior information position. Further we …
Persistent link: https://www.econbiz.de/10011623050