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This paper experimentally investigates how risk attitudes mitigate leadership effectiveness in a collective setting with projects that exhibit both free riding and coordination problems. We take two novel approaches: 1) the introduction of economic game theory to psychological studies of...
Persistent link: https://www.econbiz.de/10011141115
Models of social preferences (i.e. inequality aversion), assuming society is defined by a hierarchy based on income or wealth, predict that the poor envy the rich. Reference Group Theory predicts that the poor (rich) envy others from the same social group or class. We report results from a game...
Persistent link: https://www.econbiz.de/10010861720
We report results from a multi-period game designed to stimulate anti-social preferences and to measure the cost of to a society with members who act on these preferences. There are a number of important features of our game that, while individually not unique, in total distinguish it from...
Persistent link: https://www.econbiz.de/10010580330
We conduct a laboratory experiment with salient incentives, a technique used by economists to study gender differences in leadership. We strip the concept of leadership down to its most basic elements. Questions of style and evaluations of a leader based on style of leadership adopted are made...
Persistent link: https://www.econbiz.de/10010615298
The current “buzzword” among leaders is “transparency.” Hardly a day goes by that a group leader (politician, manager, or administrator) doesn’t state that he values transparency and will provide full disclosure of his information and actions. This project tests experimentally whether...
Persistent link: https://www.econbiz.de/10009321151
Our experimental results suggest that the effectiveness of leading by example decreases with group size. The discrepancy between the leaders' and followers' incentives increases with group size. Thus, as group size increases, followers more often refuse to follow their leaders.
Persistent link: https://www.econbiz.de/10005023505
We present an information based model of leadership in a setting that exhibits the familiar problems of free riding and coordination failure. Leaders have superior information about the value of the project in hand and can send a costly signal to their uninformed followers to persuade them to...
Persistent link: https://www.econbiz.de/10005766957
We consider a leader–follower mechanism in a collective action game, which exhibits both free riding and coordination problems. Leaders can persuade group cooperation by making a costly commitment to a project. Followers can choose to follow their leaders. The project's return can be...
Persistent link: https://www.econbiz.de/10008839114
An individual should be indifferent between a rebate subsidy of rate sr and a matching subsidy of rate sm = sr /(1 - sr), and the total amount received by the charity should be the same regardless of subsidy type. Recent laboratory and field experiments contradict these straightforward...
Persistent link: https://www.econbiz.de/10011141118
Using experimental techniques, we identify parental attitudes toward different-gendered children in rural Bangladesh. We randomly selected households that had at least two school-age children (6–18 years) of different genders. Parents, either jointly or individually, were given endowments to...
Persistent link: https://www.econbiz.de/10011100036