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in a laboratory experiment. Our data confirm that placing bid-caps and using favorable tie-breaking rules significantly …
Persistent link: https://www.econbiz.de/10012426931
Many papers have reported behavioral biases in belief formation that come on top of standard game-theoretic reasoning. We show that the processes involved depend on the way participants reason about their beliefs. When they think about what everybody else or another "unspeci fied" individual is...
Persistent link: https://www.econbiz.de/10012308290
We use an experiment to test the hypothesis that groups consisting of like-minded cooperators are able to cooperate …
Persistent link: https://www.econbiz.de/10013337734
We investigate experimentally on eBay how sellers set prices in "Buy-It-Now" (BIN) auctions. We find that the eBay format leads to prices substantially below those expected in second-price auctions. Moreover, our results reveal that the information available on eBay about buyer experience and...
Persistent link: https://www.econbiz.de/10012309640
Belief elicitation is important in many different felds of economic research. We show that how a researcher elicits such beliefs-in particular, whether the belief is about the participant's opponent, an unrelated other, or the population of others-affects the processes involved in the formation...
Persistent link: https://www.econbiz.de/10013341662
Turk investigating the effects of monetary and non-monetary motivational instruments. In the first experiment, we study the … effects of performance pay and simple upfront messages (praise or reference points) on performance. The second experiment …. Sending simple messages, however, can have a significantly negative effect on output. The results from the second experiment …
Persistent link: https://www.econbiz.de/10012426960
room for the second mover when deciding on a reciprocating action. We employ a controlled experiment to investigate how …
Persistent link: https://www.econbiz.de/10013338073
provision. We test our model in a laboratory experiment and confirm its main predictions. Our results have important … consequences for the provision of incentives in organizations and the design of sports competitions. …
Persistent link: https://www.econbiz.de/10012236504
effort provision. We test the model in a laboratory experiment and confirm its main predictions. Our results have important … consequences for the provision of incentives in organizations and the design of sports competitions. …
Persistent link: https://www.econbiz.de/10013341970
Persistent link: https://www.econbiz.de/10011292597