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We report results from the first experimental study of round-robin tournaments. In our experiment, we investigate how …
Persistent link: https://www.econbiz.de/10013293842
study such preferences in a laboratory experiment by eliciting the willingness-to-pay to receive or to avoid verbal feedback …Depending on the context at hand, people's preference for receiving feedback might differ. Especially in allocation … decisions that directly concern another individual, feedback from the affected person can have positive or negative value. We …
Persistent link: https://www.econbiz.de/10012169494
We investigate the elasticity of moral ignorance with respect to monetary incentives and social norm information. We propose that individuals suffer from higher moral costs when rejecting a certain donation, and thus pay for moral ignorance. Consistent with our model, we find significant...
Persistent link: https://www.econbiz.de/10011987011
We investigate the elasticity of moral ignorance with respect to monetary incentives and social norm information. We propose that individuals suffer from higher moral costs when rejecting a certain donation, and thus pay for moral ignorance. Consistent with our model, we find significant...
Persistent link: https://www.econbiz.de/10011993589
We investigate the elasticity of preferences for moral ignorance with respect to monetary incentives and social norm information. We propose a model where uncertainty differentially decreases the moral costs of unethical behavior, and benchmark the demand curve for moral ignorance against a...
Persistent link: https://www.econbiz.de/10011949455
Ignorance enables individuals to act immorally. This is well known in policy circles, where there is keen interest in lowering moral ignorance. In this paper, we demonstrate the relevance of demand elasticity to ignorance by showing that small monetary incentives can significantly reduce...
Persistent link: https://www.econbiz.de/10012060975
We use a range of dictator game experiments to investigate whether people avoid information altruistically. After learning about a product with positive externalities, a consumer may avoid learning the cost of the product so that she does not hesitate to act altruistically. We find that although...
Persistent link: https://www.econbiz.de/10011980324
A long-standing puzzle is how overconfidence can persist in settings characterized by repeated feedback. This paper … studies managers who participate repeatedly in a high-powered tournament incentive system, learning relative performance each … feedback and preserve unrealistic expectations. …
Persistent link: https://www.econbiz.de/10014311540
In a real effort experiment with repeated competition we find striking differences in how the work effort of men and … experiment. Our findings shed new light on why women may be less inclined to pursue competition-intensive careers. …
Persistent link: https://www.econbiz.de/10011757252
We investigate the role of intentions in two-player two-stage games. For this purpose we systematically vary the set of opportunity sets the first mover can chose from and study how the second mover reacts not only to opportunities of gains but also of losses created by the choice of the first...
Persistent link: https://www.econbiz.de/10011480554