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the prize structure affects the intensity, fair-ness, and dynamic behavior in sequential round-robin tournaments with three …
Persistent link: https://www.econbiz.de/10013167956
the prize structure affects the intensity, fair-ness, and dynamic behavior in sequential round-robin tournaments with three …
Persistent link: https://www.econbiz.de/10013266616
This is an experimental study of a three-player power-to-take game where a take authority is matched with two responders. The game consists of two stages. In the first stage, the take authority decides how much of the endowment of each responder that is left after the second stage will be...
Persistent link: https://www.econbiz.de/10010261421
appointment procedures. We elicit participants' preferences and fairness evaluations over both procedures and study whether …'s fairness evaluations. In contrast, we show that procedural satisfaction matters. Surprisingly, responders whose procedural …
Persistent link: https://www.econbiz.de/10010285968
appointment procedures. We elicit participants' preferences and fairness evaluations over both procedures and study whether …'s fairness evaluations. In contrast, we show that procedural satisfaction matters. Surprisingly, responders whose procedural …
Persistent link: https://www.econbiz.de/10005593063
This paper experimentally examines a procedurally fair provision mechanism allowing members of a small community to determine, via their bids, which of four alternative public projects to implement. Previous experiments with positive cost projects have demonstrated that the mechanism is...
Persistent link: https://www.econbiz.de/10009784119
; (3) perceptions of fairness are prone to the so-called self-serving bias. (4) expectations are often not consistent with …
Persistent link: https://www.econbiz.de/10011539904
Although relative performance schemes are pervasive in organizations reliable empirical data on induced sabotage behavior is almost non-existent. We study sabotage in tournaments in a controlled laboratory experiment and are able to confirm one of the key insights from theory: effort and...
Persistent link: https://www.econbiz.de/10010268946
, it is not the consequence of a stronger level of reciprocity by agents, but of the retrenchment of sanctioning options on …
Persistent link: https://www.econbiz.de/10009526176
We examine the degree of trust and reciprocity in an experimental trust game with 662 participants from six different … and reciprocity have been identified as fundamental pillars for smooth and efficient economic interactions, economic …. Reciprocity prevails in all age groups, although its degree also seems to increase with age. …
Persistent link: https://www.econbiz.de/10005765128