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an experiment, in which an investor can directly transfer money to a trustee or delegate this decision to another …
Persistent link: https://www.econbiz.de/10010584356
and flow velocity of the falling film. The calculation results were compared with experiment ones with average errors of 8 …
Persistent link: https://www.econbiz.de/10010702429
We explore bargaining, using ultimatum games, when one party, the proposer, possesses private information about the pie size and can either misrepresent this information through untruthful statements (explicit deception) or through information-revealing actions (implicit deception). Our study is...
Persistent link: https://www.econbiz.de/10010702941
In an experiment with professionals from the financial services sector, we investigate the impact of a team incentive …
Persistent link: https://www.econbiz.de/10010702952
This paper investigates how the way of earning payoff affects the probability of stealing. The participants who earned their payoff according to performance were three times more likely to take the (undeserved) maximum payoff than participants with randomly allocated payoff. Conditional on...
Persistent link: https://www.econbiz.de/10010702953
We introduce a new method for measuring the decision to lie in experiments. In the game, the decision to lie increases own payment independent of the counterpart's decision, but potentially at a cost for the counterpart. We identify at the individual level the decision to lie, and measure how...
Persistent link: https://www.econbiz.de/10010702954
We experimentally investigate key predictions of supply function equilibrium. While, overall, equilibrium organizes bidding behavior well, we observe three important deviations. First, bidding is sensitive to theoretically irrelevant changes of the demand distribution. Second, in a market with...
Persistent link: https://www.econbiz.de/10010702962
This paper presents an experiment on the loyalty enhancing effect potentially created by retroactive price reduction …
Persistent link: https://www.econbiz.de/10010704370
This paper presents results from an experiment studying a two-person 4x4 pure coordination game. We seek to identify a …
Persistent link: https://www.econbiz.de/10010704371
related to situational differences. Results of an experiment on 900 consumers confirm that persuasion through store flyers …
Persistent link: https://www.econbiz.de/10010705821