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We study a multi-task principal-agent problem in which tasks can be in directconflict with each other. In theory, it is difficult to induce a single agent toexert efforts in two conflicting tasks, because effort in one task decreases thesuccess probability of the other task. We have conducted an...
Persistent link: https://www.econbiz.de/10009302659
A small lie appears trivial but it obviously violates moral commandments. We analyze whetherthe preference for others’ truth telling is absolute or depends on the size of a lie. In a laboratoryexperiment we compare punishment for different sizes of lies controlling for the resultingeconomic...
Persistent link: https://www.econbiz.de/10009302673
This paper presents experimental evidence that contributions to a public good can bepath-dependent for a limited time span. We study a repeated linear public-good gamewith punishment opportunities. Our data shows that subjects who had experienced ahigher marginal return on public-good...
Persistent link: https://www.econbiz.de/10009302674
We investigate the role of affect and deliberation on social preferences. In ourlaboratory experiment subjects decide on a series of mini Dictator games while they are undervarying degrees of cognitive load. The cognitive load is intended to decrease deliberation andtherefore enhance the...
Persistent link: https://www.econbiz.de/10009302675
Machiavelli advises against delegating the distribution of favors. We test this claim in anexperiment, in which an investor can directly transfer money to a trustee or delegate thisdecision to another investor. Varying the value of the transfers of the investor and thedelegate, we find that the...
Persistent link: https://www.econbiz.de/10009302676
An apology is a strong and cheap device to restore social or economic relationships thathave been disturbed. In a laboratory experiment we find that harmdoers use apologies inparticular if they fear punishment and when their intentions cannot be easily inferred. Afteroffenses with ambiguous...
Persistent link: https://www.econbiz.de/10009302678
Extensive field evidence shows individuals’ decisions in settings involving choiceunder uncertainty (e.g. savings and investment choices) depend on the decisions of their peers.One hypothesized cause of peer group effects is social interaction effects: an individual’s utilityfrom an action...
Persistent link: https://www.econbiz.de/10009305205
Die Arbeit basiert auf fünf Aufsätzen. In diesen wird über vier Experimentserien berichtet, die das individuelle Entscheidungsverhalten von Versuchspersonen in ähnlichen, aber verschieden komplexen Situationen erheben. Es wird ein experimentelles Szenario vorgestellt, mit dessen Hilfe...
Persistent link: https://www.econbiz.de/10009467096
Online Consumer-to-Consumer Communication Networks are characterized by informational and social benefits as well as time and effort costs for participants. Therefore, this dissertation takes an economic perspective on the network formation process as a determinant of value for consumers and...
Persistent link: https://www.econbiz.de/10009467397
Moderne Evaluationsmethoden auf der Basis ökonometrischer Verfahren und randomisierter Feldexperimente machen es für immer mehr Politikbereiche möglich, die Wirksamkeit wirtschaftspolitischer Maßnahmen zu überprüfen. Gleichwohl sind diese Methoden in der deutschen Evaluationspraxis nicht...
Persistent link: https://www.econbiz.de/10010368466