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Age and the development of trust and reciprocity

Sutter, Matthias; Kocher, Martin G. - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004

We examine the degree of trust and reciprocity in an experimental trust game with 662 participants from six different … age groups, ranging from 8 year old primary school children to retired persons in their late sixties. Although both trust … research has devoted surprisingly little attention to their development with age. Our results provide clear evidence that trust …

Persistent link: https://www.econbiz.de/10005765128

Trust in cooperation or ability? – An experimental study on gender differences

Schwieren, Christiane; Sutter, Matthias - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2003

We examine experimentally two different types of trust: trust in another party’s cooperation and trust in ability. In …

Persistent link: https://www.econbiz.de/10005588002

Understanding Perpetual R&D Races

Breitmoser, Yves; Tan, Jonathan H.W.; Zizzo, Daniel John - Centre for Decision Research and Experimental Economics … - 2008

This paper presents an experimental study of dynamic indefinite horizon R&D races with uncertainty and multiple prizes. The theoretical predictions are highly sensitive: small parameter changes determine whether technological competition is sustained, or converges into a market structure with an...

Persistent link: https://www.econbiz.de/10010552256

Tournaments for the endogenous allocating of prizes within workteams - Theory and experimental evidence

Sutter, Matthias - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004

We present a model where compensation within a workteam is determined endogenously by the use of a rank-order tournament. Team members compete in their efforts for the right to propose the distribution of a prize within the team. The implementation of a proposal requires the approval of other...

Persistent link: https://www.econbiz.de/10005765090

Individual or team decision-making - Causes and consequences of self-selection

Kocher, Martin; Strauß, Sabine; Sutter, Matthias - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004

Even though decision-making in small teams is pervasive in business and in private life, little is known about subjects' preferences with respect to individual and team decision-making and about the consequences of respecting these preferences. We report the results from an experimental...

Persistent link: https://www.econbiz.de/10005765209

Experimental evidence of the importance of gender pairing in bargaining

Sutter, Matthias; Bosman, Ronald; Kocher, Martin; … - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2003

We study the influence of gender on economic decision making in a two-person bargaining game. By testing hypotheses derived from evolutionary psychology and social role theory, we find that (1) gender per se has no significant effect on behavior, whereas (2) gender pairing systematically affects...

Persistent link: https://www.econbiz.de/10005588014

Understanding Perpetual R&D Races

Breitmoser, Yves; Tan, Jonathan H.W.; Zizzo, Daniel John - Centre for Decision Research and Experimental Economics … - 2008

Persistent link: https://www.econbiz.de/10005150908

The excess burden of tax evasion – An experimental detection-concealment contest

Bayer, Ralph-C; Sutter, Matthias - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2003

We present an experimental study on the wasted resources associated with tax evasion. This waste arises from taxpayers and tax authorities, investing costly effort in concealment, respectively detect ion, of tax evasion. We show that (socially inefficient) efforts depend positively on the...

Persistent link: https://www.econbiz.de/10005824115

Uniform Price Auction and Fixed Price Offerings in IPO: An Experimental Comparison

Zhang, Ping - Centre for Decision Research and Experimental Economics … - 2005

We compare the performances of uniform price auctions with fixed price offerings using laboratory experiments. In the uniform treatment, there is no evidence that the tacit collusion equilibrium has been achieved. On the contrary, subjects with higher expected value bid more aggressively. Their...

Persistent link: https://www.econbiz.de/10010601958

Uniform price auctions and fixed price offerings in IPOs: an experimental comparison

Zhang, Ping - Centre for Decision Research and Experimental Economics … - 2006

We compare the performances of uniform price auctions with fixed price offerings using laboratory experiments. In the uniform treatment, there is no evidence that the tacit collusion equilibria, which predict symmetric behaviors among bidders, have been achieved. On the contrary, in accordance...

Persistent link: https://www.econbiz.de/10010672335