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College admissions with entrance exams: Centralized versus decentralized

Hafalir, Isa E.; Hakimov, Rustamdjan; Kübler, Dorothea; … - Abteilung "Verhalten auf Märkten", … - 2014

We theoretically and experimentally study a college admissions problem in which colleges accept students by ranking students' efforts in entrance exams. Students hold private information regarding their ability level that affects the cost of their efforts. We assume that student preferences are...

Persistent link: https://www.econbiz.de/10010982304

Endogenous group formation in experimental contests

Herbst, Luisa; Konrad, Kai A.; Morath, Florian - Abteilung "Ökonomik des Wandels", Wissenschaftszentrum … - 2013

We study endogenous group formation in tournaments employing experimental threeplayer contests. We find that players in endogenously formed alliances cope better with the moral hazard problem in groups than players who are forced into an alliance. Also, players who are committed to expending...

Persistent link: https://www.econbiz.de/10010983248

Security returns and tax aversion bias: Behavioral responses to tax labels

Blaufus, Kay; Möhlmann, Axel - arqus - Arbeitskreis Quantitative Steuerlehre - 2012

This paper studies behavioral responses to taxes in financial markets. It is motivated by recent puzzling empirical evidence of taxable municipal bond yields significantly exceeding the level expected relative to tax exempt bonds. A behavioral explanation is a tax aversion bias, the phenomenon...

Persistent link: https://www.econbiz.de/10010983366

Long-term work contracts versus sequential spot markets: Experimental evidence on firm-specific investment

Anderhub, Vital; Königstein, Manfred; Kübler, Dorothea - Sonderforschungsbereich 373, Quantifikation und … - 1999

Dismissal rules, i.e. legally enforced long term contracts, have beem defended against criticism for, among other things, providing efficient incentives to invest in relationship specific skills. However, in many situations efficient investment can also be attained by spot contracts. We...

Persistent link: https://www.econbiz.de/10010983826

Central bank intervention in large value payment systems: An experimental approach

Heemeijer, Peter; Heijmans, Ronald - de Nederlandsche Bank - 2015

the central bank. The game used in this experiment is a stylized version of a model of Bech and Garratt (2006) in which …

Persistent link: https://www.econbiz.de/10011199952

Make-Up and Suspicion in Acquiring-a-Company. An experiment controlling for gender and gender constellations

Cagno, Daniela Di; Galliera, Arianna; Güth, Werner; … - Dipartimento di Economia, Università Ca' Foscari Venezia - 2014

The privately informed seller of a company sends a value message to the uninformed potential buyer who then proposes a price for the company. “Make-up” is measured by how much the true value is overstated, “Suspicion” by how much the price offer differs from the value message. Treatments...

Persistent link: https://www.econbiz.de/10011200013

Providing global public goods: Electoral delegation and cooperation

Kocher, Martin G.; Tan, Fangfang; Yu, Jing - Max-Planck-Institut für Steuerrecht und öffentliche … - 2014

This paper experimentally examines the effect of electoral delegation on providing global public goods shared by several groups. Each group elects a delegate who can freely decide on each group memberâ€™s contribution to the global public good. Our results show that people mostly vote for...

Persistent link: https://www.econbiz.de/10011202932

Balance of power and the propensity of conflict

Herbst, Luisa; Konrad, Kai A.; Morath, Florian - Max-Planck-Institut für Steuerrecht und öffentliche … - 2014

We study the role of an imbalance in fighting strengths when players bargain in the shadow of conflict. Our experimental results suggest: In a simple bargaining game with an exogenous mediation proposal, the likelihood of conflict is independent of the balance of power. If bargaining involves...

Persistent link: https://www.econbiz.de/10011202941

Group Decision Making in a Corruption Experiment: China and Germany Compared

Li, Sha; Bueren, Christoph; Frank, Bjoern; Qin, Haiying - In: Journal of Economics and Statistics (Jahrbuecher fuer … 235 (2015) 2, pp. 207-227

investigation of individual versus group decision making in a corruption experiment. We find that the group decisions, as compared … cases have shown, entire groups of decision makers can be corrupt as well. This paper reports on an experimental … Germany. Only German women are less corrupt in a group decision context than when deciding individually. Further differences …

Persistent link: https://www.econbiz.de/10011202947

Generosity across contexts

Weber, Roberto A.; Davis, Alexander L.; Jehli, Nadja R.; … - Institut für Volkswirtschaftslehre, … - 2011

Extensive research in economics explores generosity in monetary allocations. However, generosity often involves the allocation of non-monetary goods or experiences. Existing evidence suggests that generosity may be higher in such contexts, though no direct comparison exists. Here, we compare...

Persistent link: https://www.econbiz.de/10011203012