Showing 1 - 10 of 527
reward investments in building up social capital by means of an economic experiment. We find substantial heterogeneity in the … the experiment. …
Persistent link: https://www.econbiz.de/10010261894
The widespread consumer adoption of low-carbon technologies (LCTs) is a cornerstone of net zero targets worldwide, however LCTs may not be equally distributed across socioeconomic characteristics. Our paper contributes to the literature by exploring socioeconomic inequality in LCT adoption and...
Persistent link: https://www.econbiz.de/10014296858
We study the dynamics of the private provision of a public good that requires both capacity buildup and ongoing operating costs. We show that setting a time limit for the collection of contributions dedicated to capacity buildup minimizes the utility loss at the Nash equilibrium. We test the...
Persistent link: https://www.econbiz.de/10010435281
We study the dynamics of the private provision of a public good that requires both capacity buildup and ongoing operating costs. We show that setting a time limit for the collection of contributions dedicated to capacity buildup minimizes the utility loss at the Nash equilibrium. We test the...
Persistent link: https://www.econbiz.de/10010959541
abstract from confounding effects of reciprocal behavior, we design an experiment where a public official decides upon … early periods. Risk attitudes measured with a subsequent lottery-choice experiment do not correlate with the behavior … observed in the corruption experiment. We explain our findings by a systematic underestimation of the overall probability of …
Persistent link: https://www.econbiz.de/10010319579
Value Surveys may reveal well-behaved societies by the statistical treatment of the agents' declarations of compliance with social values. Similarly, the results of experiments conducted on games with conflict of interest trace back to two important primitives of social capital - trust and...
Persistent link: https://www.econbiz.de/10010268620
In order to address the impact of regulation on ethical concerns of consumers, we study the effect of a minimum wage. In our experimental market, consumers have monopsony power, firms engage in Bertrand competition, and workers are passive recipients of a wage payment. Two treatments are...
Persistent link: https://www.econbiz.de/10010268802
The paper provides evidence that happiness raises productivity. In Experiment 1, a randomized trial is designed. Some … the robustness and lasting nature of this kind of effect, a complementary Experiment 2 is designed. In this, major real …-world unhappiness shocks - bereavement and family illness - are studied. The findings from (real-life) Experiment 2 match those from …
Persistent link: https://www.econbiz.de/10010269053
stated beliefs against adverse outcomes of other decisions in the experiment. This raises two questions: (i) can we trust the …
Persistent link: https://www.econbiz.de/10010269267
Experimental studies have consistently shown that cooperative outcomes can emerge even in finitely repeated games. Such outcomes are justified by existing reputation building models, which suggest that cooperative outcomes can be sustained if some subjects have other-regarding preferences. While...
Persistent link: https://www.econbiz.de/10010269268