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. In our laboratory experiment, we establish the existence of a significant efficiency premium of uniform wages. However …
Persistent link: https://www.econbiz.de/10009653017
. In our laboratory experiment, we establish the existence of a significant efficiency premium of uniform wages. However …
Persistent link: https://www.econbiz.de/10009654290
We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games …
Persistent link: https://www.econbiz.de/10008599222
This article examines the nature of human behavior in a nested social dilemma referred to as the Spillover Game. Players are divided into two groups with positive production interdependencies. Based on theoretically derived opportunistic, local, and global optima, our experimental results...
Persistent link: https://www.econbiz.de/10008472642
-making experiment preceding the take game. The gameconsists of two stages. In the first stage, the take authority decides howmuch income …
Persistent link: https://www.econbiz.de/10010324423
We analyse an experimental public goods game in which group members can endogenously determine whether they want to supplement a standard voluntary contribution mechanism with the possibility of rewarding or punishing other group members. We find a large and positive effect of endogenous...
Persistent link: https://www.econbiz.de/10005114368
-making experiment preceding the take game. The gameconsists of two stages. In the first stage, the take authority decides howmuch income …-69, as: 'Emotional Hazard in a Power-to-Take Experiment'. …
Persistent link: https://www.econbiz.de/10011255559
We investigate experimentally whether emotions affect bidding behavior in a firstprice auction. To induce emotions, we confront subjects after a first auction series with apositive or negative random economic shock. We then explore the relation between emotions andbidding behavior in a second...
Persistent link: https://www.econbiz.de/10011255774
. In our laboratory experiment, we establish the existence of a significant efficiency premium of uniform wages. However …
Persistent link: https://www.econbiz.de/10011279270
decision making in an interpersonal context. The influence of social comparison on risky choices is explored in an experiment …
Persistent link: https://www.econbiz.de/10011379362