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Monitoring and Pay: An Experiment on Employee Performance under Endogenous Supervision

Dittrich, Dennis; Kocher, Martin - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2006

maximization problem of the firm. As a result, monitoring and pay should be complements. In our experiment, between and within … on the reciprocity of employees. …

Persistent link: https://www.econbiz.de/10005247882

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

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

proposer rotates in the order of members' efforts. We show in an experiment that tournaments elicit higher efforts than random …

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

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 … and reciprocity have been identified as fundamental pillars for smooth and efficient economic interactions, economic …. Reciprocity prevails in all age groups, although its degree also seems to increase with age. …

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

Wages, Length of Relationship and Bargaining Power: An experimental study in a world of complete contracts

Dittrich, Dennis A.V. - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2004

repeated ultimatum game with changing and nonzero conflict payoffs. The model is also tested in a laboratory experiment. The …

Persistent link: https://www.econbiz.de/10005765137

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

Information and Communication in Sequential Bargaining

Brosig, Jeannette; Ockenfels, Axel; Weimann, Joachim - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2003

In experimental bargaining with incomplete information, we vary the information distribution (symmetric and asymmetric), the direction of electronic pre-play communication (no, one-way, and two-way), and the electronic communication medium (email and video) Bargaining out-comes are influenced by...

Persistent link: https://www.econbiz.de/10005765095

Tax evasion and state productivity – An experimental study

Güth, Werner; Strauß, Sabine; Sutter, Matthias - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2002

In an overlapping generations-experiment with multiple families participants can either support their parents directly …

Persistent link: https://www.econbiz.de/10005765170

Causes, consequences, and cures of myopic loss aversion - An experimental investigation

Fellner, Gerlinde; Sutter, Matthias - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2005

Myopic loss aversion (MLA) has been established as one prominent explanation for the equity premium puzzle. In this paper we address two issues related to the effects of MLA on risky investment decisions. First, we assess the relative impact of feedback frequency and investment flexibility (via...

Persistent link: https://www.econbiz.de/10005765187

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

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 the cooperation condition, player A sends x ? {0, X} to player B. The amount x is multiplied by c = 3, and B can return y ? {0,3x}. In the ability condition, c depends on B’s...

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