Showing 1 - 10 of 10
This paper considers the endogenous formation of an institution to provide a public good. If the institution governs only its members, players have an incentive to free ride on the institution formation of others and the social dilemma is simply shifted to a higher level. Addressing this...
Persistent link: https://www.econbiz.de/10013315935
Authors who consider efficient bargaining on the labor market predominantly focus on the Nash-bargaining solution. It seems, however, that actual labor market negotiations between an employers’ federation and a labor union are often characterized by mutual concessions, which may be accounted...
Persistent link: https://www.econbiz.de/10005406233
We provide experimental evidence on the emergence of redistributive societies. Individuals first vote on redistribution by feet and then learn their productivity and invest. We vary the individuals’ information about their productivities at the time when they choose a distribution rule and...
Persistent link: https://www.econbiz.de/10010877661
This paper considers the endogenous formation of an institution to provide a public good. If the institution governs only its members, players have an incentive to free ride on the institution formation of others and the social dilemma is simply shifted to a higher level. Addressing this...
Persistent link: https://www.econbiz.de/10009645648
We provide experimental evidence on the emergence of redistributive societies. Individuals first vote on redistribution by feet and then learn their productivity and invest. We vary the individuals' information about their productivities at the time when they choose a distribution rule and find...
Persistent link: https://www.econbiz.de/10013074399
This paper reports results from a classroom dictator game comparing the effects of three different sets of standard instructions. The results show that seemingly small differences in instructions induce fundamentally different perceptions regarding entitlement. Behavior is affected accordingly,...
Persistent link: https://www.econbiz.de/10012915458
Over the last decades, research in behavioural economics has demonstrated that individual welfare (utility), as relevant for economic decision making, depends not only on absolut but also on distributional aspects. Moreover, evidence is gathering that something similar holds for aggregate...
Persistent link: https://www.econbiz.de/10012916152
Allowing for a free choice of the recipient's gender in a dictator game (N = 508), we find that women show a substantial gender biased towards females. Adding a charity recipient to the possible choices, the charity becomes the primary recipient and overall transfers increase. Yet, conditioning...
Persistent link: https://www.econbiz.de/10012916352
This paper considers the effects of an interim performance evaluation on the decision of a principal to delegate authority to a potentially biased but better informed agent. Assuming the agents' outside option to be determined by market beliefs about their type, interim evaluations (a) provide a...
Persistent link: https://www.econbiz.de/10013082972
This paper compares two prominent empirical measures of individual risk attitudes - the Holt and Laury (2002) lottery-choice task and the multi-item questionnaire advocated by Dohmen, Falk, Huffman, Schupp, Sunde and Wagner (2011) - with respect to (a) their within-subject stability over time...
Persistent link: https://www.econbiz.de/10013056845