Truthful reporting about the realization of a publicly observed event cannot be guaranteed by a consensus process. This fact, which we establish theoretically and verify empirically, holds true even if some individuals are compelled to tell the truth, regardless of economic incentives. We...

I show that stochastic contracts generate powerful incentives when agents suffer from probability distortion. When implementing these contracts, the principal can target probability distortions in order to inflate the agent's perceived benefits of exerting high levels of effort. This novel...

We propose a new estimator for average causal effects of a binary treatment with panel data in settings with general treatment patterns. Our approach augments the popular two‐way‐fixed‐effects specification with unit‐specific weights that arise from a model for the assignment mechanism....

Using a representative survey of the Italian population (N=1,501), we elicit gender norms regarding the sharing of domestic chores within couples, employing the methodology of Krupka and Weber (2013). Two vignettes present hypothetical scenarios in which the partners' labor supply, chore...

Over the last few years, the interest on alternative protein sources, such as edible insects, has been growing rapidly. However, Western consumers’ acceptance of insects as a food source is very low, mainly due to unfamiliarity with insect-based food. We investigate consumers’ attitude and...

We conduct a survey to test for concerns about relative standing based on a large sample of the German population. Our survey approach asks respondents to choose between two hypothetical states of the world, in which they receive either a larger relative endowment or a larger absolute endowment...

We experimentally investigated the effects of the possibility of taking in the dictator game and the choices of passive players between the dictator game and the taking game on the distribution decisions of active players. Our main findings support our hypothesis: when the dictator game is not...

The literature has been inconclusive regarding which factors determine knowledge worker productivity. To remedy that gap, this paper presented an online experiment to measure the productivity of software programmers, as a representative of knowledge workers, in a particular situation when a more...

One of the key problems of researching the high-frequency financial markets is the proper data format. Application of the candlestick representation (or its derivatives such as daily prices, etc.), which is vastly used in economic research, can lead to faulty research results. Yet, this fact is...