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Large, macroeconomic shocks in the past have been shown to influence economic decisions in the present. We study in an experiment with 743 subjects whether small-scale, seemingly negligible, events also affect the formation of risk preferences. In line with a reinforcement learning model, we...
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Incentivized experiments in which individuals receive monetary rewards according to the outcomes of their decisions are regarded as the gold standard for preference elicitation in experimental economics. These task-related real payments are considered necessary to reveal subjects' "true...
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marked gender differences. Men search significantly shorter than women. If subjects search in groups of two subjects, there …. -- search experiment ; time ; group decision ; gender differences …
Persistent link: https://www.econbiz.de/10009731791
We study the influence of gender and gender pairing on economic decision making in an experimental two …-person bargaining game where the other party's gender is known to both actors. We find that (1) gender per se has no significant effect … on behavior, whereas (2) gender pairing systematically affects behavior. In particular, we observe much more competition …
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Tax avoidance among large multinational corporations has considerably increased in recent years, triggering an intense discussion about how to ensure tax justice. We propose a novel experimental design to incentive-compatibly model the firm-consumer relationship in a consumer goods market. This...
Persistent link: https://www.econbiz.de/10012550316
A debate among practicing managers is whether to use cooperative or competitive incentives for team production. While competitive incentives may drive individual effort higher, they may also lead to less help and more sabotage; an issue exacerbated when team members' abilities are varied. Using a...
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