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We conducted a laboratory experiment to test the comparative statics predictions of a new approach to collective action … increases. The experiment also points to new avenues for refining the theory. We find that, as the payoff of a successful …
Persistent link: https://www.econbiz.de/10013029207
Several experiments show that feedback transmission mechanisms mitigate opportunistic behavior in social dilemmas. The source of this effect, especially in a repeated interaction, nonetheless remains obscure. This study provides a novel empirical testbed for channels by which feedback may affect...
Persistent link: https://www.econbiz.de/10013029416
in the experiment, making strategic complementarities and overreaction an issue of second order …
Persistent link: https://www.econbiz.de/10013029419
We consider an environment where players are involved in a public goods game and must decide repeatedly whether to make an individual contribution or not. However, players lack strategically relevant information about the game and about the other players in the population. The resulting behavior...
Persistent link: https://www.econbiz.de/10013029484
We study reputational herding in financial markets in a laboratory experiment. In the spirit of Dasgupta and Prat (2008 …
Persistent link: https://www.econbiz.de/10013029493
This paper describes the results of a web-based multi-period insurance purchasing experiment focusing on how …
Persistent link: https://www.econbiz.de/10013029548
A commonly held view is that laboratory experiments provide researchers with more “control” than natural field experiments, and that this advantage is to be balanced against the disadvantage that laboratory experiments are less generalizable. This paper presents a simple model that explores...
Persistent link: https://www.econbiz.de/10013029561
This paper estimates peer effects originating from the ability composition of tutorial groups for undergraduate students in economics. We manipulated the composition of groups to achieve a wide range of support, and assigned students – conditional on their ability – randomly. The data...
Persistent link: https://www.econbiz.de/10013029628
-assessments can be detrimental to workers' performance. In the controlled environment of a laboratory gift-exchange experiment, our …
Persistent link: https://www.econbiz.de/10013029635
We analyse the results of experiments on questionnaire design and interview mode in the first four waves (2008-11) of the UK Understanding Society Innovation Panel survey. The randomised experiments relate to job, health, income, leisure and overall life-satisfaction questions and vary the...
Persistent link: https://www.econbiz.de/10013029643