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Falk, Armin; Kosfeld, Michael - 2004

This paper shows that a principal's distrust in the voluntary performanceof an agent has a negative impact on the agent's motivation to perform well.

Persistent link: https://www.econbiz.de/10005846372

An experiment on partnership protocols for bilateral trade with incomplete information

Sopher, Barry; Sopher, Revan - 2012

We study experimentally partnership protocols of the sort proposed by Kalai and Kalai (2010), for bilateral trade games with incomplete information. We utilize the familiar game analyzed by Chatterjee and Samuelson (1983) and Myerson and Sattherwaite (1983), with a buyer and seller with value...

Persistent link: https://www.econbiz.de/10010334257

Communication and Coordination in Signalling Games: An Experimental Study

Sopher, Barry; Zapater, Inigo - 1998

Persistent link: https://www.econbiz.de/10010334318

Effects of religiosity on social behaviour: Experimental evidence from a representative sample of spaniards

Brañas-Garza, Pablo; Espín, Antonio M.; Neuman, Shoshana - 2013

This study explores the effect of several personal religion-related variables on social behaviour, using three paradigmatic economic games: the dictator (DG), ultimatum (UG), and trust (TG) games. A large carefully designed sample of a Spanish urban adult population (N=766) is employed. From...

Persistent link: https://www.econbiz.de/10010336038

Evolutionary Finance and Dynamic Games

Amir, Rabah; Evstigneev, Igor’ V.; Hens, Thorsten; Xu, Le - Swiss Finance Institute <Zürich> - 2009

The paper examines a game-theoretic evolutionary model of anasset market with endogenous equilibrium asset prices. Assetspay dividends that are partially consumed and partially rein-vested. The investors use general, adaptive strategies (portfo-lio rules), distributing their wealth between...

Persistent link: https://www.econbiz.de/10009022139

Preference Communication and Leadership in Group Decision-Making

Ertac, Seda; Gurdal, Mehmet Y. - 2013

We report results from a laboratory experiment that explores the effects of preference communication and leader selection mechanisms in group decision-making. In a setting where all members of a group get the same payoff based on the group leader's decision of how much risk to take, we study the...

Persistent link: https://www.econbiz.de/10010500256

Subjective Judgment and Gender Bias in Advice: Evidence from the Laboratory

Silva Goncalves, Juliana; van Veldhuizen, Roel - 2020

of advice in sustaining these gender gaps using a laboratory experiment. In the experiment, "advisers" advise "workers … expected female workers to be less confident and advisers to hold gender stereotypes, leading to a gender bias in advice …. However, we find no evidence that women are less confident or that advice is gender-biased. Our results contribute to our …

Persistent link: https://www.econbiz.de/10013208890

The talent paradox: Why is it fair to reward talent but not luck?

Bartling, Björn; Cappelen, Alexander W.; Skarpeid, … - 2025

This paper investigates how people differentiate between inequality caused by talent and inequality caused by luck in a large-scale study of the US population. We establish that people distinguish significantly between inequality due to luck and inequality due to talent, even when controlling...

Persistent link: https://www.econbiz.de/10015327145

Money Illusion and Coordination Failure

Fehr, Ernst; Tyran, Jean-Robert - Institut für Schweizerisches Bankwesen <Zürich>; … - 2003

For decades economists have considered money illusion aslargely irrelevant. Here we show, however, that money illusion haspowerful effects on equilibrium selection. If we represent payoffs innominal terms almost all subjects play at or close to an inefficientequilibrium whereas if we lift the...

Persistent link: https://www.econbiz.de/10005858704

Why the linear utility function is a risky choice in discrete-choice experiments

Sennhauser, Michèle - 2010

This article assesses how the form of the utility function in discrete-choice experiments (DCEs) affects estimates of willingness-to-pay (WTP). The utility function is usually assumed to be linear in its attributes. Non-linearities, in the guise of interactions and higher-order terms, are...

Persistent link: https://www.econbiz.de/10010315549