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We explore the effects of competitive incentives and of their time horizon on the evolution of both asset prices and trading activity in experimental asset markets. We compare i) a no-bonus treatment based on Smith, Suchanek and Williams (1988); ii) a short-term bonus treatment in which bonuses...
Persistent link: https://www.econbiz.de/10013088899
We explore the effects of competitive incentives and of their time horizon on the evolution of both asset prices and trading activity in experimental asset markets. We compare i) a no-bonus treatment based on Smith, Suchanek and Williams (1988) ; ii) a short-term bonus treatment in which bonuses...
Persistent link: https://www.econbiz.de/10010858034
We examine the temporal stability of risk preference measures obtained by different elicitation methods in a controlled laboratory experiment at two distinct times. Our results indicate remarkable temporal stability of risk measures at the aggregated level and temporal instability at the...
Persistent link: https://www.econbiz.de/10010899329
Persistent link: https://www.econbiz.de/10010423089
We provide experimental evidence of workers' by opinion conformity and of managers' discrimination in favor of workers with whom they share similar opinions. In our Baseline, managers can observe both workers' performance at a task and opinions before assigning unequal payoffs. In the...
Persistent link: https://www.econbiz.de/10009537226
Persistent link: https://www.econbiz.de/10012513702
We provide experimental evidence of workers’ ingratiation by opinion conformity and of managers’ discrimination in favor of workers with whom they share similar opinions. In our Baseline, managers can observe both workers’ performance at a task and opinions before assigning unequal...
Persistent link: https://www.econbiz.de/10010858024
We provide experimental evidence of worker's ingratiation by opinion conformity and of managers' discrimination in favor of workers with whom they share similar opinions. In our Baseline, managers can observe both workers' performance at a task and opinions before assigning unequal payoffs. In...
Persistent link: https://www.econbiz.de/10010711846
We provide experimental evidence of workers' ingratiation by opinion conformity and of managers' discrimination in favor of workers with whom they share similar opinions. In our Baseline, managers can observe both workers' performance at a task and opinions before assigning unequal payoffs. In...
Persistent link: https://www.econbiz.de/10010929091
Dans certaines situations, les comportements réels des individus peuvent apparaître comme des anomalies dans le cadre de la théorie classique de l'agent rationnel. La théorie comportementale vise à expliquer ces anomalies, en particulier celles relatives aux préférences sociales. L'objet...
Persistent link: https://www.econbiz.de/10010555497