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We investigate the impact of various audit schemes on the future provision of public goods, when contributing less than the average of the group is sanctioned exogenously and the probability of an audit is unknown. We study how individuals update their beliefs about the probability of being...
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the nature of provided incentives. We conduct a 'lab in the field' experiment with internal auditors during two large … performance of the unit that they are auditing. We vary incentives in the experiment from individual (piece rate) to competitive …
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Decision makers often take risky decisions on the behalf of others rather than for themselves. Competing theoretical … Risikoaversion im Vergleich zur Situation, bei der der Betroffene selbst die Entscheidung trifft. Die bisherigen empirischen … Ergebnisse aus Laborexperimenten sind ebenso gemischt oder finden keine Unterschiede zwischen der Entscheidung für sich selbst …
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works in anindividual decision experiment. Subjects are faced with a sequentialsearch problem. After extensive practice …
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decision making in an interpersonal context. The influence of social comparison on risky choices is explored in an experiment …This study attempts to combine two traditional fields in microeconomics: individual decision making under risk and … lower than all possible payoffs of the decision maker. In the neutral context social referent and decision maker will always …
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