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"real effort" lab experiment with 550 subjects in 11 treatments and one baseline. Finally, we tested two interventions in a … small field experiment with 36 test-households. Our results indicate that monetary incentives to save energy foster the … monetary incentives - and providing social comparison induced substantial effort in our lab experiment. Extending the social …
Persistent link: https://www.econbiz.de/10012542954
We describe a first experiment on whether product complexity affects competition and consumers in retail markets. We …
Persistent link: https://www.econbiz.de/10012722497
Firms often discourage certain categories of individuals from buying their products, in contrast with typical assumptions about profit maximization. This paper provides a potential rationale for such firm behavior: consumers seek to signal that they have "good" moral values to themselves and...
Persistent link: https://www.econbiz.de/10012308496
an economic experiment with subjects from all walks of life, that using structural estimation that models heterogeneity …
Persistent link: https://www.econbiz.de/10012292419
benefits of policy interventions. The paper reports the results of an experiment that combines induced value and home …-grown value elicitation procedures. Home-grown values are elicited for a public food policy. The experiment has two treatments … that differ in the elicitation technique: secondprice Vickrey auction and discrete choice experiment. For each technique …
Persistent link: https://www.econbiz.de/10012263861
In a full-information, zero transactions costs world, the degree of protection afforded to an entitlement does not affect the likelihood of efficient trade. In reality, imperfect information is often inevitable. Specifically, a party will usually have incomplete information about fairness norms...
Persistent link: https://www.econbiz.de/10011673948
In a full-information, zero transactions costs world, the degree of protection afforded to an entitlement does not affect the likelihood of efficient trade. In reality, imperfect information is often inevitable. Specifically, a party will usually have incomplete information about fairness norms...
Persistent link: https://www.econbiz.de/10011633871
influence drivers' behaviours in parking decision. This paper presents the preliminary outcomes of a laboratory experiment …, results of the quasi-experiment's outcome are compared with experimental evidence, in order to identify potential significant …
Persistent link: https://www.econbiz.de/10011570797
Beliefs are a central determinant of behavior. Recent models assume that beliefs about or the anticipation of future consumption have direct utility-consequences. This gives rise to informational preferences, i.e., preferences over the timing and structure of information. Using a novel and...
Persistent link: https://www.econbiz.de/10012983901
We design an induced value choice experiment where the objects are valued according to only a single attribute with a … their selection. This "idealized" choice experiment produces a dataset that is uniquely suited to study apparently random …
Persistent link: https://www.econbiz.de/10012849620