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In many organizations the measurement of job performance can not rely on easily quantifiable information. In such cases, supervising managers often use subjective performance evaluations. We use laboratory experiments to study whether the way employees are assigned to a manager affects...
Persistent link: https://www.econbiz.de/10010751928
We study whether selection affects motivation. In our experiment subjects first answer a personality questionnaire. They then play a 3-person game. One of the three players decides between an outside option assigning him a positive amount, but leaving the two others empty-handed and allowing one...
Persistent link: https://www.econbiz.de/10010983726
We study whether selection affects motivation. In our experiment subjects first answer a personality questionnaire. They then play a 3-person game. One of the three players decides between an outside option assigning him a positive amount, but leaving the two others empty-handed and allowing one...
Persistent link: https://www.econbiz.de/10005765200
Will the fact that a person is selected among others on the basis of personal information affect that person's behavior? In our experiment participants first answer a personality questionnaire. They then play a 3-person game: one of the three players decides, after inspecting the personality...
Persistent link: https://www.econbiz.de/10010547429
This paper examines the relation between adjustment patterns and equilibrium selection in laboratory experiments with two types of simple signaling games. One type of game has two Nash equilibria, of which only one is sequential. The other type has two sequential equilibria, only one of them...
Persistent link: https://www.econbiz.de/10005375701
Persistent link: https://www.econbiz.de/10005409174
Bertrand competition under decreasing returns involves a wide interval of pure strategy Nash equilibrium prices. We first present results of experiments in which two, three and four identical firms repeatedly interact in this environment. More firms lead to lower average prices. However, prices...
Persistent link: https://www.econbiz.de/10005413714
We study experimentally how the ability to communicate affects the frequency andeffectiveness of flexible and inflexible contracts in a bilateral trade context where sellers canadjust trade quality after observing a post-contractual cost shock and a discretionary buyertransfer. In the absence of...
Persistent link: https://www.econbiz.de/10011131636
This paper presents evidence that the willingness to punish an unfair action is sensitive to whether this action was preceded by a deceptive message. One player first sends a message indicating an intended play, which is either favorable or unfavorable to the other player in the game. After the...
Persistent link: https://www.econbiz.de/10011131657
We study whether behavior in experimental gift-exchange markets with repeated interaction is affected by market conditions. One issue we consider is the impact of competitive imbalance, by varying whether there is an excess supply of firms or an excess supply of workers in the market. Workers...
Persistent link: https://www.econbiz.de/10011131660