Showing 1 - 10 of 579
This paper analyzes the effect on performance and earnings of delegating the wage choice to employees. Our results show that such delegation significantly increases effort levels. Moreover, we observe a Pareto improvement, as the earnings of both employers and employees increase when employers...
Persistent link: https://www.econbiz.de/10010561781
Limited attention has been devoted on how (real-life) social networks are elicited and mapped, even less from the viewpoint of mechanism design. This paper surveys the few mechanisms that have been proposed by the experimental literature to this purpose. These mechanisms differ in their...
Persistent link: https://www.econbiz.de/10010817385
Persistent link: https://www.econbiz.de/10010721406
We test for the construct validity of the cognitive reflection test (CRT) by eliciting response times. We find that incorrect answers to the CRT are quicker than correct answers. At the individual level, we classify subjects into impulsive and reflective, depending on whether they choose the...
Persistent link: https://www.econbiz.de/10012944371
Persistent link: https://www.econbiz.de/10008211576
Persistent link: https://www.econbiz.de/10005678709
Persistent link: https://www.econbiz.de/10012486992
Persistent link: https://www.econbiz.de/10007276662
Persistent link: https://www.econbiz.de/10009783186
This paper proposes an original mechanism to elicit latent social networks. Subjects are invited to reveal their friends’ name and surname, together with a score measuring the strength of relationship. According to the mechanism, subjects are rewarded of a fixed price either a) when they do...
Persistent link: https://www.econbiz.de/10005163441