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We test core theories of the household using variants of a public good game and experimental data from 240 couples in rural Uganda. Spouses do not maximise surplus from cooperation and realise a greater surplus when women are in charge. This violates assumptions of unitary and cooperative...
Persistent link: https://www.econbiz.de/10005652697
Fehr, Kirchsteiger and Riedl [12] experimentally test a labor market in which worker effort levels are chosen after wages are set. They observe high wages and effort levels in the repeated game, contrary to the equilibrium prediction. In a similar experimental test of lemons markets, Lynch...
Persistent link: https://www.econbiz.de/10005654716
sustain social capital by their propensity to invest and reward investments by means of an economic experiment. We have three … presence of social norms. Third, we compare our results with a laboratory experiment conducted with a student sample. We find …
Persistent link: https://www.econbiz.de/10005696313
Persistent link: https://www.econbiz.de/10005701614
experiment in testing the collusive theory of price-matching guarantees and thereby shedding light on the embedded equilibrium … out the design of the controlled experiment. Results indicate that these guarantees facilitate collusion among sellers and …
Persistent link: https://www.econbiz.de/10005701940
Because costly punishment is not credible, subgame perfection suggests that punishment will not deter free riding, regardless of the size or structure of groups. However, experiments show that people will punish free riders, even at considerable cost. To examine the implications of agents who...
Persistent link: https://www.econbiz.de/10005703051
and link them to behavior in a controlled experiment and to survey responses. We show that social preferences rather than …
Persistent link: https://www.econbiz.de/10010734704
We use the strategy method to classify subjects into cooperator types in a large-scale online Public Goods Game and find that free riders spend more time on making their decisions than conditional cooperators and other cooperator types. This result is robust to reversing the framing of the game...
Persistent link: https://www.econbiz.de/10010734793
most frequently observed and discussed biases of financial investors. We investigate in a laboratory experiment whether the …
Persistent link: https://www.econbiz.de/10010735529
is a mechanism where bribe-takers are culpable but bribe-givers have legal immunity. Results from our experiment indicate …
Persistent link: https://www.econbiz.de/10010736875