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Unlike individuals living in capitalist economies, members of collective societies depend on mutual cooperation to achieve their economic goals. We study the cooperative behavior of one of the most successful and best-known modern collective societies, the Israeli kibbutz. The facts that kibbutz...
Persistent link: https://www.econbiz.de/10014116519
Although much research has been devoted to the impact of seller structure on market outcomes, considerably less is known about the influence of buyer structure. We examine the impact of buyer concentration on the pricing of a monopolist. We design experimental markets in which a monopolist faces...
Persistent link: https://www.econbiz.de/10014117075
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Kingston (1976) and Anderson (1977) show that the probability that a given contestant wins a best-of-2k 1 series of asymmetric, zero-sum, binary-outcome games is, for a large class of assignment rules, independent of which contestant is assigned the advantageous role in each component game. We...
Persistent link: https://www.econbiz.de/10014166827
We investigate the role of physical attractiveness in the hiring process. We sent 5312 CVs in pairs to 2656 advertised job openings. In each pair, one CV was without a picture while the second, otherwise almost identical CV contained a picture of either an attractive male/female or a...
Persistent link: https://www.econbiz.de/10014189344
The public finance literature demonstrates the equivalence between consumption and labor income (wage) taxes. We construct an environment in which individuals make real labor-leisure choices and spend their earned income on real goods. We use this experimental framework to test whether a labor...
Persistent link: https://www.econbiz.de/10005836471
A network market is a market in which the benefit each consumer derives from a good is an increasing function of the number of consumers who own the same or similar goods. A major obstacle that plagues the introduction of a network good is the ability to reach critical mass, namely, the minimum...
Persistent link: https://www.econbiz.de/10008552175
The public finance literature demonstrates the equivalence between consumption and labor income (wage) taxes. We construct an environment in which individuals make real labor-leisure choices and spend their earned income on real goods. We use this experimental framework to test whether a labor...
Persistent link: https://www.econbiz.de/10008498310
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