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L'objectif de cet article est de mettre en exergue les principaux apports de la méthode expérimentale à l'analyse économique du droit. La méthode expérimentale est conçue de manière à répliquer un environnement microéconomique prédéfini et observer le comportement d'individus réels...
Persistent link: https://www.econbiz.de/10010899333
Herein we explore whether the social psychology theory of commitment via a truth-telling oath can reduce coordination failure. Using a classic sequential coordination game, we ask all players to sign voluntarily a truth-telling oath before playing the game with cheap-talk communication. Three...
Persistent link: https://www.econbiz.de/10010930205
Hypothetical bias is a long-standing issue in stated preference and contingent valuation studies – people generally overstate their preferences when they do not experience the real monetary consequences of their decision. This view, however, has been challenged by recent evidence based on the...
Persistent link: https://www.econbiz.de/10010750981
Herein we explore whether a solemn oath can eliminate hypothetical bias in a voting referenda, a design commonly promoted in nonmarket valuation exercises for its incentive compatibility properties. First, we reject the null hypothesis that a hypothetical bias does not exist. Second, we cannot...
Persistent link: https://www.econbiz.de/10010751019
Recent work in experimental economics has explored whether observed behavior depends on whether wealth was windfall or earned. This paper extends this work by considering whether earned wealth ffects bidding behavior in an induced-value second-price auction. We find people bid more sincerely in...
Persistent link: https://www.econbiz.de/10009643764
Do French Students really bid sincerely in real and hypothetical incentive compatible auctions? Recent evidence suggests they do, which goes counter to most observed bidding behavior in theUnited States, and supports the idea that cultural differences may explain bidding behavior more than...
Persistent link: https://www.econbiz.de/10009643787
Despite the increased strategic importance of environmental innovation on the one hand and corporate social responsibility on the other, there are still few studies that show firm voluntary measures create a primary determinant of environmental changes. First, we clarify the meaning of voluntary...
Persistent link: https://www.econbiz.de/10010821104
Relationships between health and economic prosperity or economic growth are difficult to assess. The direction of the causality is often questioned and the subject of a vigorous debate. For some authors, diseases or poor health had contributed to poor growth performances especially in low-income...
Persistent link: https://www.econbiz.de/10010821105
This article explores the main determinants of the hazard of recidivism among ex-prisoners. We use a nationally-representative sample of prisoners released in 1996-1997 in France, drawn from a 5-year follow-up survey run by the French correctional administration. We estimate semiparametric...
Persistent link: https://www.econbiz.de/10010821106
The political constitution of markets is promoted by Montchrestien whereas, on the contrary, the absolute autonomy of the sphere of exchange is favoured by Cantillon. Yet, this article seeks to demonstrate that both authors participate in the emergence of a modern way of thinking about the...
Persistent link: https://www.econbiz.de/10010821107