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Auctions often involve goods exhibiting a common knowledge ex-post risk. Precautionary bidding predicts that under expected utility, ex-post risk leads DARA bidders to reduce their bids by more than the appropriate risk premium. Because the degree of riskiness of the good, and bidders risk...
Persistent link: https://www.econbiz.de/10010344662
This paper analyzes the trade of an indivisible good within a two-stage mechanism, where a seller first negotiates with one potential buyer about the price of the good. If the negotiation fails to produce a sale, a second 'price sealed' bid auction with an additional buyer is conducted. The...
Persistent link: https://www.econbiz.de/10010365906
Using an incentivized online classroom experiment, we assess the effectiveness of deontological vs. consequentialist … deontological moral reminder ("corruption is immoral") leads to a significant reduction in accepting bribes. A consequentialist … experiment was conducted before and after the unexpected announcement by pharmaceutical companies BioNTech and Pfizer on November …
Persistent link: https://www.econbiz.de/10013170787
Using an incentivized online classroom experiment, we assess the effectiveness of deontological vs. consequentialist … deontological moral reminder (“corruption is immoral”) leads to a significant reduction in accepting bribes. A consequentialist … experiment was conducted before and after the unexpected announcement by pharmaceutical companies BioNTech and Pfizer on November …
Persistent link: https://www.econbiz.de/10013266635
For our experiment on corruption, we designed a coordination game to model the influence of risk attitudes, beliefs … reduces corruption. …
Persistent link: https://www.econbiz.de/10010555244
For our experiment on corruption we designed a coordination game to model the influence of risk attitudes, beliefs, and … behavior. The experimental results show that a higher degree of uncertainty in the informational setting reduces corruption. …
Persistent link: https://www.econbiz.de/10008740544
the same way. The results found in the experiment show that women are indeed less corrupt than men. This suggests that … increasing women’s participation in the labor force and politics would help to reduce corruption. …
Persistent link: https://www.econbiz.de/10004990426
that may be overcome in a lab experiment. The aim of this paper is to see experimentally if women and men, facing the same … results found in the experiment show that women are indeed less corrupt than men. …
Persistent link: https://www.econbiz.de/10005163448
corruption. We address our research question using a specifically designed bribery lab experiment that simulates petty corruption … uncertainty, intermediaries facilitate corruption by reducing the moral costs of possible bribers and bribees. Indeed … of citizens and officials and, thus, increase corruption. …
Persistent link: https://www.econbiz.de/10009019506
For our experiment on corruption, we designed a coordination game to model the influence of risk attitudes, beliefs … setting reduces corruption. …
Persistent link: https://www.econbiz.de/10011051389