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The Price of Warm Glow
Lilley, Andrew; Slonim, Robert - Institute for the Study of Labor (IZA) - 2013
predictions of the model we ran an experiment in which we varied within-subjects the costs and benefits of monetary and volunteer … the donor (impure warm-glow altruism). Consistent with the model's predictions, the experiment shows that priming pure …
Persistent link: https://www.econbiz.de/10010959559
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Selection and Mode Effects in Risk Preference Elicitation Experiments
von Gaudecker, Hans-Martin; van Soest, Arthur; … - Institute for the Study of Labor (IZA) - 2008
We combine data from a risk preference elicitation experiment conducted on a representative sample via the Internet … with laboratory data on students for the same experiment to investigate effects of implementation mode and of subject pool … selection. We find that the frequency of errors in the lab experiment is drastically below that of the representative sample in …
Persistent link: https://www.econbiz.de/10005822394
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Tax Evasion and Social Interactions
Fortin, Bernard; Lacroix, Guy; Villeval, Marie-Claire - Institute for the Study of Labor (IZA) - 2004
The paper extends the standard tax evasion model by allowing for social interactions. In Manski’s (1993) nomenclature, our model takes into account social conformity effects (i.e., endogenous interactions), fairness effects (i.e., exogenous interactions) and sorting effects (i.e., correlated...
Persistent link: https://www.econbiz.de/10005822713
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Lab Experiments Are a Major Source of Knowledge in the Social Sciences
Falk, Armin; Heckman, James J. - Institute for the Study of Labor (IZA) - 2009
Laboratory experiments are a widely used methodology for advancing causal knowledge in the physical and life sciences. With the exception of psychology, the adoption of laboratory experiments has been much slower in the social sciences, although during the last two decades, the use of lab...
Persistent link: https://www.econbiz.de/10008527324
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In Search of Stars: Network Formation among Heterogeneous Agents
Goeree, Jacob K.; Riedl, Arno; Ule, Aljaz - Institute for the Study of Labor (IZA) - 2005
This paper reports the results of a laboratory experiment on network formation among heterogeneous agents. The …
Persistent link: https://www.econbiz.de/10005703123
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Big Experimenter Is Watching You! Anonymity and Prosocial Behavior in the Laboratory
Barmettler, Franziska; Fehr, Ernst; Zehnder, Christian - Institute for the Study of Labor (IZA) - 2011
Social preference research has received considerable attention in recent years. Researchers have demonstrated that the presence of people with social preferences has important implications in many economic domains. However, it is important to be aware of the fact that the empirical basis of this...
Persistent link: https://www.econbiz.de/10009283588
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Lab Labor: What Can Labor Economists Learn from the Lab?
Charness, Gary; Kuhn, Peter J. - Institute for the Study of Labor (IZA) - 2010
methodological issues: why (and when) is a lab experiment the best approach; how do laboratory experiments compare to field …
Persistent link: https://www.econbiz.de/10008568307
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Experts in Experiments: How Selection Matters for Estimated Distributions of Risk Preferences
von Gaudecker, Hans-Martin; van Soest, Arthur; … - Institute for the Study of Labor (IZA) - 2011
-induced selection") and self-selection of participants into the experiment. We find that both types of selection lead to a sample of …
Persistent link: https://www.econbiz.de/10008868136
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Is There Selection Bias in Laboratory Experiments? The Case of Social and Risk Preferences
Cleave, Blair L.; Nikiforakis, Nikos; Slonim, Robert - Institute for the Study of Labor (IZA) - 2011
participants in a laboratory experiment represent the preferences of the population from which they are recruited. To answer this … question, we measured the preferences of 1,173 students in a classroom experiment. Separately, we invited all students to … participate in a laboratory experiment. We find that the social and risk preferences of students who attend the laboratory …
Persistent link: https://www.econbiz.de/10008839279
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Can Higher Bonuses Lead to Less Effort? Incentive Reversal in Teams
Klor, Esteban F.; Kube, Sebastian; Winter, Eyal; … - Institute for the Study of Labor (IZA) - 2011
Conventional wisdom suggests that an increase in monetary incentives should induce agents to exert higher effort. In this paper, however, we demonstrate that this may not hold in team settings. In the context of sequential team production with positive externalities between agents, incentive...
Persistent link: https://www.econbiz.de/10008839289