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Persistent link: https://www.econbiz.de/10011825113
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In this paper we show that subtle forms of deceit undermine the effectiveness of incentives. We design an experiment in which the principal has an interest in underreporting the true performance difference between the agents in a dynamic tournament. According to the standard approach, rational...
Persistent link: https://www.econbiz.de/10005822257
-order’ monitoring can actually facilitate the deception of fully rational consumers, to deter them from otherwise optimal search …
Persistent link: https://www.econbiz.de/10005412887
We develop and experimentally test a discrete choice model of an expert who recommends one of multiple actions to a decision maker who might take no action. Consistent with the recent theoretical literature on cheap talk recommendations, we find that recommendations are "persuasive" in that they...
Persistent link: https://www.econbiz.de/10011096411
In this paper we show that subtle forms of deceit undermine the effectiveness of incentives. We design an experiment in which the principal has an interest in underreporting the true performance difference between the agents in a dynamic tournament. According to the standard approach, rational...
Persistent link: https://www.econbiz.de/10005627981
We report the results of an experiment in which subjects play games repeatedly against changing opponents. In one treatment, "senders" send messages to "receivers" indicating intended actions in that round, and receivers observe senders' previous-round actions (when matched with another...
Persistent link: https://www.econbiz.de/10005467357
-order' monitoring can actually facilitate the deception of fully rational consumers, to deter them from otherwise optimal search …
Persistent link: https://www.econbiz.de/10004968079
Banning deception in economic experiments does not exclude experiments with participants in the role of experimenters … who can gain by deceiving those in the role of participants. We compare treatments with and without possible deception by … experimenter-participants to test whether deception aects behaviour of participant-participants in a dictator experiment and …
Persistent link: https://www.econbiz.de/10010291812
inefficient outcomes, e.g. markets for financial or health care services. In a deception game we investigate experimentally which …
Persistent link: https://www.econbiz.de/10011580425