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It is a well-established fact that corruption is a widespread phenomenon. An important aspect of corruption is that two parties act jointly in order to further their own interests at the expense of a third party. The response of the third party has a significant impact on the persistence of...
Persistent link: https://www.econbiz.de/10005702531
Cultural traits play a significant role in the determination of economic outcomes and institutions. This paper presents evidence from laboratory experiments on the cultural integration of individuals of Chinese ethnicity in Australia, focusing on social preferences, preferences for competition,...
Persistent link: https://www.econbiz.de/10010282553
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Cultural traits play a significant role in the determination of economic outcomes and institutions. This paper presents evidence from laboratory experiments on the cultural integration of individuals of Chinese ethnicity in Australia, focusing on social preferences, preferences for competition,...
Persistent link: https://www.econbiz.de/10013107700
It is becoming increasingly common for researchers to elicit individuals' beliefs in controlled experiments to understand the underlying motivations of decision makers. We evaluate the performance of the quadratic scoring rule (QSR) and the binarized scoring rule (BSR) in an environment where...
Persistent link: https://www.econbiz.de/10012843487
Results from laboratory experiments using real-effort tasks provide mixed evidence on the relationship between monetary incentives and effort provision. To examine this issue, we design three experiments where subjects participate in two-player real-effort tournaments with two prizes. Experiment...
Persistent link: https://www.econbiz.de/10012901088
Leadership selection often requires candidates to actively choose to express their interest. We compare such an Opt-in mechanism with an Opt-out mechanism where everyone qualified for the position is in the candidate pool by default, but individuals can choose to opt out of the selection...
Persistent link: https://www.econbiz.de/10012901214
Decision makers in positions of power often make unobserved choices under risk and uncertainty. What inferences are made about their choices when only outcomes are observed? Using a laboratory experiment, we investigate attribution biases in the evaluation of outcomes. Decision makers face a...
Persistent link: https://www.econbiz.de/10012898089
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