Showing 1 - 10 of 3,569
provide information on income distribution and show that cooperation significantly increases overall. Moreover, the effect can …Yang et al.(2007) show that assortative matching mechanisms can induce a high level of cooperation to prevail in … be traced back to a higher cooperation rate for people in the lowest income classes. …
Persistent link: https://www.econbiz.de/10008563252
change the equilibrium path. Nevertheless, outcomes in the experiment are often inefficient. One explanation is that …
Persistent link: https://www.econbiz.de/10005765387
Considerable experimental evidence has been collected on how to solve the public-good dilemma. In a 'first generation' of experiments, this was done by presenting subjects with a pre-specified game out of a huge variety of rules. A 'second generation' of experiments introduced subjects to two...
Persistent link: https://www.econbiz.de/10005108453
, but rather in terms of how to act with any given partner. There is a form of contingent cooperation in one-shot prisoners … fear payoff difference is less than the sum of greed and cooperation payoff differences. The adaptive capabilities just … involved; no information or third party reports about past behavior are involved, all signal information arises only from …
Persistent link: https://www.econbiz.de/10010296972
, but rather in terms of how to act with any given partner. There is a form of contingent cooperation in one-shot prisoners … fear payoff difference is less than the sum of greed and cooperation payoff differences. The adaptive capabilities just … involved; no information or third party reports about past behavior are involved, all signal information arises only from …
Persistent link: https://www.econbiz.de/10008533483
Sick pay is a common provision in most labor contracts. This paper employs an experimental gift-exchange environment to explore two related questions using both managers and undergraduates as subjects. First, do workers reciprocate sick pay in the same way as they reciprocate wage payments?...
Persistent link: https://www.econbiz.de/10003770700
Individuals exhibit a randomization preference if they prefer random mixtures of two bets to each of the involved bets. Such preferences provide the foundation of various models of uncertainty aversion. However, it has to our knowledge not been empirically investigated whether uncertainty-averse...
Persistent link: https://www.econbiz.de/10003916450
results of an experiment which inquires to the extend and the severity of the adverse selection when sick-pay is voluntary …
Persistent link: https://www.econbiz.de/10003949628
This paper develops a generalized hedonic model in which an exogenous shock to a single product attribute can affect other attributes, the markets for the product's complements and substitutes, and aggregate quantity produced. These factors are shown to be empirically relevant and to cause bias...
Persistent link: https://www.econbiz.de/10009787341
We run a novel experiment to explore the relationship between the perception of real-life risks and the demand for risk …
Persistent link: https://www.econbiz.de/10010418886