Showing 1 - 10 of 101
in quantity and quality of output. We use data from a controlled field experiment that changed the communication of the …
Persistent link: https://www.econbiz.de/10013107721
cooperative task. The data show that clerical workers differ from college students in overall cooperation rates, strategy adoption … and use of punishment opportunities. Students cooperate more than workers. Cooperation increases in both subject pools … defection, and more likely to select strategies of conditional cooperation. Finally, students are more likely than workers to …
Persistent link: https://www.econbiz.de/10013096450
Case studies of cartels and recent theory suggest that repeated communication is key for stable cooperation in … understood. We study cooperation under different monitoring and communication structures in the laboratory. Under all monitoring … environments where signals about others' actions are noisy. However, empirically the exact role of communication is not well …
Persistent link: https://www.econbiz.de/10012908872
We experimentally examine how the incentive to defect in a social dilemma affects conditional cooperation. In our first … conditional cooperation is higher when the own gain from defecting is lower and when the loss imposed on the first mover from … role of social preferences in conditional cooperation …
Persistent link: https://www.econbiz.de/10014077582
This paper introduces new experimental designs to enrich understanding of conditional cooperation and punishment in … method. It is found that the selfish bias in conditional cooperation is made significantly worse when other players …
Persistent link: https://www.econbiz.de/10013125147
Among economists, there is increased recognition of the role individuals' identities play in decision-making. In this paper, we conduct laboratory experiments in which we explore the motivations for and the effects of group identity. We find that negative out-group opinion (acting as an...
Persistent link: https://www.econbiz.de/10013317232
We quantify and study state-level economic policy uncertainty. Tapping digital archives for nearly 3,500 local newspapers, we construct three monthly indexes for each state: one that captures state and local sources of policy uncertainty (ΕPU-S), one that captures national and international...
Persistent link: https://www.econbiz.de/10014083791
We study the role of risk aversion underlying son preference in patriarchal societies, where sons serve as better insurance for old-age support than daughters. The implications of an insurance motive on son preference are two-fold. First, prior to the birth of their children, more risk-averse...
Persistent link: https://www.econbiz.de/10012963852
Single-sex classes within coeducational environments are likely to modify students' risk-taking attitudes in economically important ways. To test this, we designed a controlled experiment using first year college students who made choices over real-stakes lotteries at two distinct dates....
Persistent link: https://www.econbiz.de/10013118042
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10013118774