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support the theory, suggesting that President Obama was more likely to place appointees selected for nonpolicy patronage … presents a theory explaining where presidents place different types of appointees and why, focusing on differences in ideology …, competence, and non-policy patronage benefits among potential appointees. We develop a formal model and test its implications …
Persistent link: https://www.econbiz.de/10014147847
We run a market experiment where firms can choose not only their price but also whether to present comparable offers …
Persistent link: https://www.econbiz.de/10010433911
defined insurance and non-insurance markets based on the initial loss size, we develop theory to show that insurers with buyer … our theory and find support. Monopolistic insurer-subjects in non-insurance markets increase loss sizes to establish …
Persistent link: https://www.econbiz.de/10011456744
I study experimental markets in which sellers interact with buyers who have biased beliefs about the characteristics of the product that is being sold. I examine whether such buyers can be exploited by sellers through the use of specifically designed pricing structures, as suggested by recent...
Persistent link: https://www.econbiz.de/10012985334
Tax avoidance among large multinational corporations has considerably increased in recent years, triggering an intense discussion about how to ensure that all pay their 'fair share'. We propose a novel experimental design to incentive-compatibly model the firm-consumer relationship in a consumer...
Persistent link: https://www.econbiz.de/10013403599
This paper reports the results from a two-person "pledge and give" experiment. Each person's endowment is private …. Data from the lab experiment show that, indeed, subjects pledge approximately 60% of their endowment. Also, pledges have an …
Persistent link: https://www.econbiz.de/10012867057
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
To address the impact of regulation on ethical concerns of consumers, we study the example of minimum wages. In our experimental market, consumers have monopsony power, firms set prices and wages, and workers are passive recipients of a wage payment. We find that the majority of consumers...
Persistent link: https://www.econbiz.de/10012236843
We report the results of an experiment designed to study the determinants of asset price movement and consumption …
Persistent link: https://www.econbiz.de/10012990999
Cooperation is central to human existence, forming the bedrock of everyday social relationships and larger societal structures. Thus, understanding the psychological underpinnings of cooperation is of both scientific and practical importance. Recent work using a dual-process framework suggests...
Persistent link: https://www.econbiz.de/10014037300