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and their behavioral biases, as well as the role of communication, information, and advice. The main experimental findings …
Persistent link: https://www.econbiz.de/10012627987
with free-form communication. …
Persistent link: https://www.econbiz.de/10015179588
Persistent link: https://www.econbiz.de/10005711683
This dissertation presents the results of a series of common pool experiments conducted in three regions of rural … conservative choices in common pool experiments. Groups of five subjects participated in a 20-period common pool resource game … resource game and then 10 additional rounds under one of five institutions: face-to-face communication, one of two external …
Persistent link: https://www.econbiz.de/10005711627
Public reputation mechanisms are an effective means to limit opportunistic behavior in markets suffering from moral hazard problems. While previous research was mostly concerned with the influence of exogenous feedback mechanisms, this study considers the endogenous emergence of reputation...
Persistent link: https://www.econbiz.de/10014503988
We experimentally study competitive markets with socially responsible production. Our main focus is on the producers' decision whether or not to reveal the degree of social responsibility of their product. Compared to two benchmark cases where either full transparency is enforced or no...
Persistent link: https://www.econbiz.de/10015193276
We report experimental evidence showing a positive effect of redistribution on economic efficiency via the self-enforcement of property rights, and identify which status groups benefit more and which less. We model an economy in which wealth is produced if players voluntarily comply with...
Persistent link: https://www.econbiz.de/10014504242
A large strand of research has documented negative behavioral responses to redistribution, like lower effort and wasteful avoidance activity. We report experimental evidence showing a positive effect of redistribution on economic efficiency via the self-enforcement of property rights, and...
Persistent link: https://www.econbiz.de/10013299175
Persistent link: https://www.econbiz.de/10004999649
high contributions. No deception is used and the data cohere well both internally and with other public goods experiments … implements a new experimental design, the Conditional Information Lottery, which offers all the benefits of deception without … actually deceiving anyone. The design should be suitable for most economics experiments, and works by a modification of an …
Persistent link: https://www.econbiz.de/10005678686