We study how reciprocity affects the extent to which a chair can exploit her control over an agenda if a committee votes sequentially on a known series of binary proposals. We show in a parsimonious laboratory experiment that committee members form vote trading coalitions favoring early...

How do firms motivate their employees to be productive? The conventional wisdom is that workers respond to monetary incentives—"Pay them more and they will work harder." However, a large and growing body of empirical evidence from laboratory and field experiments, surveys, and observational...

Die experimentelle Wirtschaftsforschung ist eine noch junge, aber mittlerweile anerkannte Methode der Wirtschaftswissenschaft. Wie testet die experimentelle Wirtschaftsforschung Grundannahmen der ökonomischen Theorie? Welche Bedeutung haben Fairness und Reziprozität für wirtschaftlich...

Abstract This study presents results of the validation of an ultra-short survey measure of patience included in the German Socio-Economic Panel (SOEP). Survey responses predict intertemporal choice behavior in incentive-compatible decisions in a representative sample of the German adult population.

Dieses Modell stellt das Niveau des Arbeitslosengeldes II nicht in Frage, macht aber seine Gewährung von einer Gegenleistung in Form von Workfare (d.h. öffentlich organisierter Vollzeitbeschäftigung) abhängig. Wer das Workfare-Angebot nicht annimmt, muss aber auf sein Arbeitslosengeld II...

Although cooperation can lead to mutually beneficial outcomes, cooperative actions only pay off for the individual if others can be trusted to cooperate as well. Identifying trustworthy interaction partners is therefore a central challenge in human social life. How do people navigate this...

Who commits crime? Theoretically, risk-tolerant and impatient people are more likely to commit crime because they care less about the risks of apprehension and punishment. By linking experimental data on risk tolerance and impatience of young men to administrative crime records, we find...

The widespread use of markets leads to unprecedented material well-being in many societies. We study whether market interaction, as a side effect, erodes moral values. In an influential paper, Falk and Szech (2013) provide experimental data that seem to suggest that “market interaction erodes...