Showing 131 - 140 of 699
We conduct a field experiment on conflict in swimming pools. When all lanes are occupied, an actor joins the least crowded lane and asks one of the swimmers to move to another lane. The lane represents a contested scarce resource. We vary the actor’s valuation (high and low) for the good...
Persistent link: https://www.econbiz.de/10015252482
In a 1-year randomized controlled trial involving thousands of university students, we provide real-time private feedback on relative performance in a semester-long online assignment. Within this setup, our experimental design cleanly identifies the behavioral response to rank incentives (i.e.,...
Persistent link: https://www.econbiz.de/10012059167
We explore distributive justice and perception of fairness using survey data from freshmen and senior students of economics and sociology. We analyse the impact of context and education on their preferences over a hypothetical distribution of resources between individuals which presents a trade...
Persistent link: https://www.econbiz.de/10005369091
Proponents of proportional electoral rules often argue that majority rule depresses turnout and may lower welfare due to the “tyranny of the majority†problem. The present paper studies the impact of electoral rules on turnout and social welfare. We analyze a model of instrumental...
Persistent link: https://www.econbiz.de/10011161299
This paper investigates the hypothesis that the objective function of economic agents is non-separable in economic incentives and social preferences. We study fixed-prize contests in a 2×2 experimental design, varying orthogonally the degree of competition of the incentive mechanism (all-pay...
Persistent link: https://www.econbiz.de/10011116886
We conduct a real effort experiment in which performance is not monitored and participants are paid according to their reported performance. Participants are paid according to a piece rate and a winner-take-all tournament and then select between the two schemes before performing the task one...
Persistent link: https://www.econbiz.de/10011190134
This paper provides a direct test of the hypothesis that agents' objective functions are non-separable in economic incentives and social preferences. We study experimentally fixed-prize contests using a 2x2 design, varying orthogonally the degree of competition of the incentive mechanism...
Persistent link: https://www.econbiz.de/10010901421
We conduct a real effort experiment in which performance is not monitored and participants are paid according to their reported performance. Participants are paid according to a piece rate and a winner-take-all tournament and then select between the two schemes before performing the task one...
Persistent link: https://www.econbiz.de/10010780704
This paper shows how to maximize revenue when a contest is noisy. We consider a case where two or more contestants bid for a prize in a stochastic contest where all bidders value the prize equally. We show that, whenever a Tullock contest yields under-dissipation, the auctioneerʼs revenue can...
Persistent link: https://www.econbiz.de/10011049893
Persistent link: https://www.econbiz.de/10005108827