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.6 and 27.3 sliders per round, respectively. The one-slider increase in observed performance is small, not only relative to …
Persistent link: https://www.econbiz.de/10013021431
How does tax complexity affect people's reaction to tax changes? To answer this question, we conduct an experiment in which subjects work for a piece rate and face taxes. One treatment features a simple, the other a complex tax system. The payoff-maximizing effort level and the incentives around...
Persistent link: https://www.econbiz.de/10013082004
We examine whether the ‘Level-k’ model of strategic behavior generates reliable cross-game predictions within an individual. We find no correlation in subjects’ estimated levels of reasoning across two families of games. Furthermore, estimating a higher level for Ann than Bob in one family...
Persistent link: https://www.econbiz.de/10010877731
We investigate whether there is a link between conditional cooperation and betrayal aversion. We use a public goods game to classify subjects by type of contribution preference and by belief about the contributions of others; and we measure betrayal aversion for different categories of subject....
Persistent link: https://www.econbiz.de/10013018458
Are humans intuitively cooperative, or do we need to deliberate in order to be generous to others? The Social Heuristics Hypothesis (SHH) proposes that fast instinctive decision making promotes cooperation in social dilemmas. In this paper, we conduct a novel time-pressure experiment to shed...
Persistent link: https://www.econbiz.de/10012992006
We examine whether the ‘Level-k' model of strategic behavior generates reliable cross-game predictions within an individual. We find no correlation in subjects' estimated levels of reasoning across two families of games. Furthermore, estimating a higher level for Ann than Bob in one family of...
Persistent link: https://www.econbiz.de/10013057183
influence performance in these tasks. In a field experiment with more than 3000 participants, we document a positive effect of … bonus incentives on the probability of completion of such a task. Bonus incentives increase performance due to the reward … rather than the reference point (performance threshold) they provide. The framing of bonuses (as gains or losses) plays a …
Persistent link: https://www.econbiz.de/10012921301
We compare performance in a word based creativity task under three incentive schemes: a flat fee, a linear payment and … a tournament. Furthermore, we also compare performance under two control tasks (Raven's advanced progressive matrices or … that differences in performance are predominantly related to individual skills …
Persistent link: https://www.econbiz.de/10013088804
Incentive schemes affect performance and priorities of agents but, in reality, they can be complicated even for simple … and economically important for performance. We find that higher salience of incentives for quantity increases quantity …
Persistent link: https://www.econbiz.de/10013315929
We test the claim that game form misconception among subjects making choices through the Becker-DeGroot-Marschak (BDM) value elicitation procedure provides an explanation for the endowment effect, as suggested by Cason and Plott (forthcoming). We employ a design that allows us to clearly...
Persistent link: https://www.econbiz.de/10011086456