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Let the market decide : an experimental study of competition and fairness

Bartling, Björn; Grieder, Manuel; Zehnder, Christian - 2014

Is competition perceived as a fair procedure? We report data from laboratory experiments where a powerful buyer can … inform the debate on the fairness of market outcomes by showing that the use of a competitive procedure can, by itself …

Persistent link: https://www.econbiz.de/10010360299

Big experimenter is watching you! : anonymity and prosocial behavior in the laboratory

Barmettler, Franziska; Fehr, Ernst; Zehnder, Christian - 2011

important to be aware of the fact that the empirical basis of this literature relies to a large extent on experiments that do …-subject anonymity may create selfish incentives to engage in seemingly other-regarding behavior. If this were the case these experiments ….-- scrutiny ; anonymity ; laboratory experiments ; prosocial behavior …

Persistent link: https://www.econbiz.de/10009739140

Does willful ignorance deflect punishment? : an experimental study

Bartling, Björn; Engl, Florian; Weber, Roberto A. - 2013

This paper studies whether people can avoid punishment by remaining willfully ignorant about possible negative consequences of their actions for others. We employ a laboratory experiment, using modified dictator games in which a dictator can remain willfully ignorant about the payoff...

Persistent link: https://www.econbiz.de/10009761739

Does willful ignorance deflect punishment? – An experimental study

Bartling, Björn; Engl, Florian; Weber, Roberto A. - In: European Economic Review 70 (2014) C, pp. 512-524

remaining willfully ignorant is itself punished, regardless of the outcome. Models of procedural fairness combining ex ante and … ex post fairness qualitatively predict the observed punishment pattern. …

Persistent link: https://www.econbiz.de/10011048628

The Behavioural Effects of Minimum Wages

Falk, Armin; Fehr, Ernst; Zehnder, Christian - C.E.P.R. Discussion Papers - 2005

The prevailing labour market models assume that minimum wages do not affect the labour supply schedule. We challenge this view in this paper by showing experimentally that minimum wages have significant and lasting effects on subjects’ reservation wages. The temporary introduction of a minimum...

Persistent link: https://www.econbiz.de/10005124189

How Do Informal Agreements and Renegotiation Shape Contractual Reference Points?

Hart, Oliver D.; Fehr, Ernst; Zehnder, Christian - National Bureau of Economic Research (NBER) - 2011

Previous experimental work provides encouraging support for some of the central assumptions underlying Hart and Moore (2008)'s theory of contractual reference points. However, existing studies ignore realistic aspects of trading relationships such as informal agreements and ex post...

Persistent link: https://www.econbiz.de/10009353485

Big experimenter is watching you! Anonymity and prosocial behavior in the laboratory

Barmettler, Franziska; Fehr, Ernst; Zehnder, Christian - In: Games and Economic Behavior 75 (2012) 1, pp. 17-34

. However, the empirical basis of this research relies to a large extent on experiments that do not provide anonymity between … engage in seemingly other-regarding behavior. If this were the case, these experiments would overestimate the importance of …

Persistent link: https://www.econbiz.de/10010577246

Contracts, Reference Points, and Competition-Behavioral Effects of The Fundamental Transformation

Fehr, Ernst; Hart, Oliver; Zehnder, Christian - In: Journal of the European Economic Association 7 (2009) 2-3, pp. 561-572

In this paper we study the role of incomplete ex ante contracts for ex post trade. Previous experimental evidence indicates that a contract provides a reference point for entitlements when the terms are negotiated in a competitive market. We show that this finding no longer holds when the terms...

Persistent link: https://www.econbiz.de/10004992789

Generosity across contexts

Davis, Alexander L.; Jehli, Nadja R.; Miller, John H.; … - 2015 - Revised version, March 2015

non-monetary. In two experiments, generosity is significantly higher in non-monetary contexts. Thus, the typical monetary …

Persistent link: https://www.econbiz.de/10010500828

Game form misconceptions are not necessary for a willingness-to-pay vs. willingness-to-accept gap

Bartling, Björn; Engl, Florian; Weber, Roberto A. - 2015 - Revised version, April 2015

Cason and Plott (2014) show that subjects' misconception about the incentive properties of the Becker-DeGroot-Marschak (BDM) value elicitation procedure can generate data patterns that look like - and might thus be misinterpreted as evidence for - preferences constructed from endowments or...

Persistent link: https://www.econbiz.de/10010430731