Showing 1 - 10 of 1,313
Persistent link: https://www.econbiz.de/10011886294
tough test and mitigates the negative impact of failing a soft test. As a result, profits are convex in toughness: the firm … selects either the toughest or softest test available. The toughest test is optimal when consumers start with an unfavorable … prior and receive sufficiently uninformative private signals (an “innovative” product); the softest test is optimal when …
Persistent link: https://www.econbiz.de/10011042926
consistency in aggregation is a particularly important screening device. If a price index formula fails the weak consistency test … Preisindexformel diesen Test nicht besteht, aber dennoch für eine mehrstufige Durchschnittspreisberechnung eingesetzt wird, hängt das …
Persistent link: https://www.econbiz.de/10014608977
This paper analyses the effects of different model specifications.
Persistent link: https://www.econbiz.de/10005843245
Based on an axiomatically derived provision rule allowing community members to endogenously determine which, if any, public project should be provided, we perform experiments where (i) not all parties benefit from provision, and (ii) the projects' costs can be negative. In the tradition of legal...
Persistent link: https://www.econbiz.de/10010291800
For our experiment on corruption, we designed a coordination game to model the influence of risk attitudes, beliefs, and information on behavioral choices and determined the equilibria. We observed that the participants' risk attitudes failed to explain their choices between corrupt and...
Persistent link: https://www.econbiz.de/10010291803
The paper presents the results of a novel experiment testing the effects of environment complexity on strategic behavior, using a centipede game. Behavior in the centipede game has been explained either by appealing to failures of backward induction or by calling for preferences that induce...
Persistent link: https://www.econbiz.de/10010291805
manipulation is to test whether reciprocity is mainly affected by payoff consequences of trust or by intentions underlying it. We …
Persistent link: https://www.econbiz.de/10010291809
We conduct a real-effort task experiment where subjects' performance translates into a donation to a charity. In a within-subjects design we vary the visibility of the donation (no/private/public feedback). Confirming previous studies, we find that subjects' performance increases, that is, they...
Persistent link: https://www.econbiz.de/10010291810
experimenter-participants to test whether deception aects behaviour of participant-participants in a dictator experiment and …
Persistent link: https://www.econbiz.de/10010291812