Showing 1 - 10 of 21
We compare experimentally the revealed distributional preferences of individuals and teams in allocation tasks. We find that teams are significantly more benevolent than individuals in the domain of disadvantageous inequality while the benevolence in the domain of advantageous inequality is...
Persistent link: https://www.econbiz.de/10010897339
We study a fundamental conflict in economic decision-making, the trade-off between equality, equity and incentives, in a new experimental game that nests a voluntary contributions mechanism in a broader spectrum of incentive schemes. In a 2×2 design, we let subjects either vote on or...
Persistent link: https://www.econbiz.de/10011019394
Even though decision-making in small teams is pervasive in business and 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/10011019492
One-shot interaction and repeated interaction often co-exist in the real world. We study possible behavioral effects of this co-existence in a principal-agent setting, in which a principal simultaneously employs a permanent and a temporary agent. Our experimental results indicate that there is...
Persistent link: https://www.econbiz.de/10011019644
Many decisions in economics and finance have to be made under severe time pressure. Furthermore, payoffs frequently depend on the speed of decision-making, as, for instance, when buying and selling stocks. In this paper, we examine the influence of time pressure and time-dependent incentive...
Persistent link: https://www.econbiz.de/10010762403
Persistent link: https://www.econbiz.de/10010737633
In this paper we focus on the compliance effects of tax regime changes. According to the economic model of tax evasion, a tax reform should affect compliance through its impact on tax rates and incentives. Our findings demonstrate the importance of at least two further effects not covered by the...
Persistent link: https://www.econbiz.de/10010897384
Persistent link: https://www.econbiz.de/10010897418
We examine the degree of trust and trustworthiness in an experimental trust game with 662 participants from six … different age groups, ranging from 8-year-olds to retired persons. Although both trust and trustworthiness have been identified … trust increases almost linearly from early childhood to early adulthood, but stays rather constant within different adult …
Persistent link: https://www.econbiz.de/10010897448
trust or household violence. …
Persistent link: https://www.econbiz.de/10010897525