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Do voluntary payments to advisors improve the quality of financial advice? : an experimental sender-receiver game
Angelova, Vera; Regner, Tobias - 2012
-receiver game ; reciprocity ; experiments ; voluntary payment …
Persistent link: https://www.econbiz.de/10009515366
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Can a bonus overcome moral hazard? : experimental evidence from markets for expert services
Angelova, Vera; Regner, Tobias - 2018
Interactions between players with private information and opposed interests are often prone to bad advice and inefficient outcomes, e.g. markets for financial or health care services. In a deception game we investigate experimentally which factors could improve advice quality. Besides advisor...
Persistent link: https://www.econbiz.de/10011881706
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What renders financial advisors less treacherous? : on commissions and reciprocity
Angelova, Vera - 2010
. -- financial advisors ; moral hazard ; reciprocity ; experiments …
Persistent link: https://www.econbiz.de/10003980494
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Reciprocity under moral wiggle room : is it a preference or a constraint?
Regner, Tobias - 2016
) is added in order to introduce reciprocity. We find significantly higher rates of selfish choices in our treatments that …
Persistent link: https://www.econbiz.de/10011576929
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Do reciprocators exploit or resist moral wiggle room? : an experimental analysis
Matthey, Astrid; Regner, Tobias - 2015
experiment, a trust game variant, we study whether moral wiggle room also prevails, when reciprocity is a potential motivation … reciprocity. Among our subjects, 40% of the reciprocators exploited moral wiggle room. …
Persistent link: https://www.econbiz.de/10011446176
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Self-assessment : the role of the social environment
Falk, Armin; Kosse, Fabian; Schildberg-Hörisch, Hannah; … - 2020
This study presents descriptive and causal evidence on the role of the social environment in shaping the accuracy of self-assessment. We introduce a novel incentivized measurement tool to measure the accuracy of self-assessment among children and use this tool to show that children from high...
Persistent link: https://www.econbiz.de/10012214851
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Other-regarding behaviour : testing guilt- and reciprocity-based models
Regner, Tobias; Harth, Nicole S. - 2010
and reciprocity). In addition to incentivised elicitation of first- and second-order action beliefs, we assess … intentions-based models. Both second-order beliefs and the weighting factor that depends on a participant's sensitivity to guilt/reciprocity … returned. -- social preferences ; other-regarding behaviour ; experiments ; trust game ; guilt aversion ; beliefs …
Persistent link: https://www.econbiz.de/10008689019
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Why consumers pay voluntarily : evidence from online music
Regner, Tobias - 2010
reciprocity and guilt appear to be the major drivers for generous voluntary payments. Being inclined to follow social norms is a … industry ; reciprocity ; guilt ; social norms ; altruism ; fairness ; social-image concerns ; survey …
Persistent link: https://www.econbiz.de/10008747635
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Quality distortions in vertical relations
Baake, Pio; Schlippenbach, Vanessa von - 2011
This paper examines how delivery tariffs and private quality standards are determined in vertical relations that are subject to asymmetric information. We consider an infinitely repeated game where an upstream firm sells a product to a downstream firm. In each period, the firms negotiate a...
Persistent link: https://www.econbiz.de/10009008680
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What drives fraud in a credence goods market? : evidence from a field study
Rasch, Alexander; Waibel, Christian - 2015
This paper investigates the impact of four key economic variables on an expert firm's incentive to defraud its customers in a credence goods market: the level of competition, the expert firm's financial situation, its competence, and its reputational concerns. We use and complement the dataset...
Persistent link: https://www.econbiz.de/10010507685