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consumption level one of which is thenrandomly implemented. To allow for learning one experiences many"lives". Participants …
Persistent link: https://www.econbiz.de/10005867075
expectations in an experiment. In eachperiod of their life both partners propose a consumption level one of which isthen randomly … punished by their partners.On average participants stay on egoistic consumption paths, although inlater periods their behavior … shifts in the direction of consumption paths leadingto equal payoffs. …
Persistent link: https://www.econbiz.de/10005867110
Promise competition is prevalent in many economic environments, but promise keeping is often difficult to observe. We study the value of transparency for promise competition and ask whether promises still offer an opportunity to honor future obligations when outcomes do not allow for observing...
Persistent link: https://www.econbiz.de/10014467742
In sequential interactions, both the agent's intention and the outcome of his choice may influence the principal's action. While outcomes are typically observable, intentions are more likely to be hidden, leaving potential wiggle room for the principal when deciding on a reciprocating action. We...
Persistent link: https://www.econbiz.de/10014467744
We investigate experimentally whether individuals or groups are more lied to, and how lying depends on the group size and the monetary loss inflicted by the lie. We employ an observed cheating game, where an individual's misreport of a privately observed number can monetarily benefit her while...
Persistent link: https://www.econbiz.de/10014467774
Traditionally, economic models have attributed procrastination to present bias. However, procrastination may also arise when individuals derive anticipatory utility from holding motivated, overly optimistic beliefs about the workload they need to complete. This study provides a rigorous...
Persistent link: https://www.econbiz.de/10014467805
Growing evidence indicates that utility over time is different from utility under risk. Hence, measuring intertemporal preferences (discounting and utility) exclusively from intertemporal choices is desirable. We develop a simple method for measuring intertemporal preferences. It is...
Persistent link: https://www.econbiz.de/10014467806
In cases of conflict of interest, people can lie directly or evade the truth. We analyse this situation theoretically and test the key behavioural predictions in a novel sender-receiver game. We find senders prefer to deceive through evasion rather than direct lying, more so when evasion is a...
Persistent link: https://www.econbiz.de/10014467813
Matching markets can be unstable when individuals prefer to be matched to a partner who also wants to be matched with them. Through a pre-registered and theory-guided laboratory experiment, we provide evidence that such reciprocal preferences exist, significantly decrease stability in matching...
Persistent link: https://www.econbiz.de/10014467870
The gender wage gap is to a significant extent driven by gender-based job segregation. One of the potential culprits can be found in supply-side behavioral differences in promotion applications. In this study, using a controlled lab experiment, we disentangle the roles of gender, field of study,...
Persistent link: https://www.econbiz.de/10014467884