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"As part of the current debate on the reform of pension systems, this paper presents an original experimental test where subjects face three different payoff sequences with identical expected value. Two central questions are analyzed. First, whether the distribution of retirement benefits across...
Persistent link: https://www.econbiz.de/10005686273
This article examines an intra- and international trust game experiment among Moroccan, French and Spanish subjects. Before making each decision, participants were informed on the nationality of their partner. We find that, overall, subjects from Morocco exhibited a higher level of trust....
Persistent link: https://www.econbiz.de/10010772982
This paper analyzes the effect on performance and earnings of delegating the wage choice to employees. Our results show that such delegation significantly increases effort levels. Moreover, we observe a Pareto improvement, as the earnings of both employers and employees increase when employers...
Persistent link: https://www.econbiz.de/10010561781
The paper reports an experimental study on a promotion-demotion mechanism to mitigate the free-rider problem in team production. The "mechanism hierarchically splits a group in two; we refer to one subgroup as" the major league and to the other as the minor league. The most cooperative subject...
Persistent link: https://www.econbiz.de/10010900065
The paper reports an experimental study on a promotion-demotion mechanism to mitigate the free-rider problem in team production. The "mechanism hierarchically splits a group in two; we refer to one subgroup as" the major league and to the other as the minor league. The most cooperative subject...
Persistent link: https://www.econbiz.de/10010900733
We introduce three extensions of the Hirshleifer–Skaperdas conflict game to study experimentally the effects of post-conflict behavior and repeated interaction on the allocation of effort between production and appropriation. Without repeated interaction, destruction of resources by defeated...
Persistent link: https://www.econbiz.de/10010785206
In this paper we experimentally manipulate the informational feedback and the technology used in two team production games. Production functions are aggregative (a standard linear VCM) or weak link (the minimum or weakest link game, WLM). We analyze two informational conditions, relative to a...
Persistent link: https://www.econbiz.de/10010903239
Using a linear public good game we investigate the role of exemplary behavior on cooperation in public goods games. Subjects face the chance of show a good (like the employee of the month) or a bad example (evading taxes) to the rest of their group, knowing in advance that the unique feedback...
Persistent link: https://www.econbiz.de/10010903240
We study a problem where a group of voters must decide which candidates are elected from a set of alternatives. The voters’ preferences on the combinations of elected candidates are represented by orderings. We propose a family of restrictions of the domain of separable preferences. These...
Persistent link: https://www.econbiz.de/10010903241
An expert wishes to be approved by a receiver, who is outcome concerned. She then has an incentive to send an informative message. But if there is more than one expert competing for the receiver's approval and the latter doubts about the objectives of experts, they each have an incentive to make...
Persistent link: https://www.econbiz.de/10010903242