employees to accept lower wages as well? As an alternative to reviewing statistical data, we have performed an experiment with a … lower competitive wage in the second phase of an employment relationship that is known to both parties. The experiment casts …

experiment where respondents have to detect corner solutions, that is, they should allocate to the venture either the maximum or … Allocation Strategy ; Entrepreneurship ; Questionnaire Experiment …

-mindedness of subjects. Nevertheless, it is possible to test Gilboa's (1997) agent-based approach to games with imperfect recall. We … implement his model of the absent-minded driver problem in an experiment and find, if subjects are repeatedly randomly rematched …

observed in the experiment aim at fair surplus sharing. -- principal-agent theory ; contract theory ; fair sharing ; incentive …

In this paper we present an experiment on the false consensus effect. Unlike previous experiments, we provide monetary …

bidders. In our experiment participants face four auction types (first versus second price - auction versus fair division game …

We review an asymmetric auction experiment. Based on Plum (1992) private valuations of the two bidders are … independently drawn from distinct but commonly known distributions, one of which stochastically dominating the other. We test the … the strong and then test bidders’ preference for first- vs. second–price auctions. -- Experiments ; Sealed Bid Auctions …