Similar Search Results

Behaviorally Efficient Remedies – An Experiment

Engel, Christoph - 2017

Under common law, the standard remedy for breach of contract is expectation damages. Under continental law, the standard is specific performance. The common law solution is ex post efficient. But is it also ex ante efficient? We use experimental methods to test whether knowing that...

Persistent link: https://www.econbiz.de/10012954015

Committing the English and the Continental Way : An Experiment

Engel, Christoph - 2017

On the doctrinal surface, there is a deep divide between common and continental law when it comes to the origin of contractual obligations. Under continental law, in principle a unilateral promise suffices. Common law by contrast requires consideration. When it comes to deciding cases, the...

Persistent link: https://www.econbiz.de/10012954795

Experimental Social Planners : Good Natured, But Overly Optimistic

Engel, Christoph - 2017

Public goods are dealt with in two literatures that neglect each other. Mechanism design advises a social planner that expects individuals to misrepresent their valuations. Experiments study the provision of the good when preferences might be non-standard. We introduce the problem of the...

Persistent link: https://www.econbiz.de/10012943146

Trust and Trustworthiness Reputations in an Investment Game

Charness, Gary - 2010

Trust is an essential component of good social outcomes and effective economic performance. This is particularly true in environments such as the Prisoner's Dilemma or standard public-goods games, where the equilibrium in a one-shot case involves strictly uncooperative behavior. Evolutionary...

Persistent link: https://www.econbiz.de/10013146695

Behaviorally efficient remedies : an experiment

Engel, Christoph; Freund, Lars - 2017

Persistent link: https://www.econbiz.de/10011715408

Motivational crowding out effects in charitable giving : experimental evidence

Müller, Stephan; Rau, Holger A. - 2018

This paper tests motivational crowding out in the domain of charitable giving. A novelty is that our experiment isolates alternative explanations for the decline of giving such as strategic considerations of decision makers. Moreover, preference elicitation allows us to focus on the reaction of...

Persistent link: https://www.econbiz.de/10011796772

Experimental social planners : good natured, but overly optimistic

Engel, Christoph; Hippel, Svenja - 2017

Persistent link: https://www.econbiz.de/10011763621

Committing the English and the continental way : an experiment

Engel, Christoph; Schmelzer, André - 2017

Persistent link: https://www.econbiz.de/10011706153

Punishment and Cooperation in Stochastic Social Dilemmas

Xiao, Erte; Kunreuther, Howard - National Bureau of Economic Research (NBER) - 2012

Previous findings on punishment have focused on environments in which the outcomes are known with certainty. In this … paper, we conduct experiments to investigate how punishment affects cooperation in a two-person stochastic prisoner … specified probabilistically under a transparent information condition. In particular, we study two types of punishment …

Persistent link: https://www.econbiz.de/10010951021

Partial Coercion, Conditional Cooperation, and Self-Commitment in Voluntary Contributions to Public Goods

Cettolin, Elena; Riedl, Arno - CESifo - 2011

In this paper we experimentally investigate whether partial coercion can in combination with conditional cooperation increase contributions to a public good. We are especially interested in the behavior of the non-coerced populations. The main finding is that in our setting conditional...

Persistent link: https://www.econbiz.de/10009278128