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willingness to pay for ex-ante communication, however (experiment 2). …
Persistent link: https://www.econbiz.de/10010781566
Since 1950s, most African nations have gained independence from their colonial powers. Fortunately, independence has brought many changes to these nations and these include multi-party democratic government and western education systems. Unfortunately, the Africa’s economy is the least...
Persistent link: https://www.econbiz.de/10011259767
(JPubE, 2008), I investigate a reason already proposed by Aristotle in his Nicomachean Ethics: He claims that there is a …
Persistent link: https://www.econbiz.de/10010336819
We report results from a laboratory experiment that explores the effects of preference communication and leader …. We also find that preference communication by non-leaders is frequently strategic. …
Persistent link: https://www.econbiz.de/10010222348
deciding as a group member. We observe a strong dishonesty shift. This shift is mainly driven by communication within groups …
Persistent link: https://www.econbiz.de/10011509008
deciding as a group member. We observe a strong dishonesty shift. This shift is mainly driven by communication within groups …
Persistent link: https://www.econbiz.de/10011509462
We use a modified die-rolling experiment to study whether negative externality affects a group's decisions about whether to cheat. Our results show that group members are less likely to lie when faced with a passive out-group player only if two members of the group share an unequal payment for...
Persistent link: https://www.econbiz.de/10014289466
This paper studies unethical behavior by groups and provides systematic evidence on how lying decisions are affected by group size and group gender composition. We conduct an online experiment with 1,677 participants (477 groups) where group members can communicate with each other via a novel...
Persistent link: https://www.econbiz.de/10014525039
In laboratory experiments we explore the effects of communication and group decision making on investment behavior and … on subjects' proneness to behavioral biases. Most importantly, we show that communication and group decision making does …
Persistent link: https://www.econbiz.de/10009742306
This article explores the effect of a subset of symmetric bidders joining to bid together. Possible applications include mergers, collusion and joint-bidding arrangements. The change produces a “strong” party with a more advantageous value distribution than the remaining “weak”...
Persistent link: https://www.econbiz.de/10011049873