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Persistent link: https://www.econbiz.de/10009152412
Competition between groups is ubiquitous in social and economic life, and groups are typically not created equal. Here we experimentally investigate the implications of this general observation on the unfolding of symmetric and asymmetric competition between groups that are either homogeneous or...
Persistent link: https://www.econbiz.de/10011872326
We investigate corruption as a social dilemma by means of a bribery game in which a risk of collective sanction of the …' corruptibility but is not sufficient to eliminate the Tragedy of corruption that leads both firms and officials to earn less than in … the absence of corruption. …
Persistent link: https://www.econbiz.de/10011528171
We investigate the impact of fund managers' tournament incentives on investment strategies and market efficiency, distinguishing between winner-take-all tournaments (WTA), where a minority wins, and elimination contests (EC), where a majority wins. Theoretically, we show that fund managers play...
Persistent link: https://www.econbiz.de/10012995498
We explore the effectiveness of an anti-corruption mechanism that combines the top-down institutions and the bottom … dilemma of anti-corruption, a high proportion of citizens paid to monitor, and this significantly decreases the officials …
Persistent link: https://www.econbiz.de/10012849032
We provide a theory of how growth, corruption, and a low-powered public-sector pay scale coexist in a stable … widespread corruption. …
Persistent link: https://www.econbiz.de/10011907238
Persistent link: https://www.econbiz.de/10010482951
heterogeneity with respect to two dimensions: capability and valuation. Our results reveal that with and without punishment …
Persistent link: https://www.econbiz.de/10009578217
Persistent link: https://www.econbiz.de/10003807183
Peer punishment is widely considered a key mechanism supporting cooperation in human groups. Although much research … shows that human behavior is shaped by the prevailing social norms, little is known about how punishment decisions are … impacted by the social context. We present a set of large-scale incentivized experiments in which participants (N=999) could …
Persistent link: https://www.econbiz.de/10013298483