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Using a unique experimental data set, we investigate how asymmetric legal rights shape bargainers’ aspiration levels through moral entitlements derived from equity norms and number prominence. Aspiration formation is typically hard to observe in real life. Our study involves 15 negotiations...
Persistent link: https://www.econbiz.de/10011771180
The ability to punish free-riders can increase the provision of public goods. However, sometimes, the benefit of increased public good provision is outweighed by the costs of punishments. One reason a group may punish to the point that net welfare is reduced is that punishment can express anger...
Persistent link: https://www.econbiz.de/10011621328
We report experimental results on voluntary contributions to public-goods provision from situations in which parties can create institutions to impose a certain contribution level on its members. We focus on a public-goods game where the joint decisions inside the institution are made based on...
Persistent link: https://www.econbiz.de/10011771301
In experimental games, task-related incentives are payments to experimental subjects that vary according to their strategy choices and the consequent outcomes of the games. Limited evidence exists regarding incentive magnitude effects in experimental games. We examined one-off strategy choices...
Persistent link: https://www.econbiz.de/10011848336
large and defect when the continuation probability is small. However, there is an asymmetry in behavior when transitioning …
Persistent link: https://www.econbiz.de/10011848339
Menschen, die über ökonomische Bildung verfügen, reagieren stärker auf wirtschaftliche Anreize. Entgegen der verbreiteten Annahme handeln Ökonomen jedoch nicht egoistischer als Nicht-Ökonomen, wenn es darum geht, gemeinsam ein öffentliches Gut zu finanzieren. Mit Hilfe eines Experiments,...
Persistent link: https://www.econbiz.de/10011806682
. Die Ergebnisse zeigen, dass junge Nachwuchsführungskräfte ein hohes Maß an Vertrauen, Kooperation und Fairness besitzen. …For companies, a lived culture of trust is an important competitive advantage. Particularly in an era of digitalization … and increasing complexity, trust provides a sound basis for successful cooperation. By contrast, when a firm's culture is …
Persistent link: https://www.econbiz.de/10011885064
This paper provides a new statistical model for repeated voluntary contribution mechanism games. In a repeated public goods experiment, contributions in the first round are cross-sectionally independent simply because subjects are randomly selected. Meanwhile, contributions to a public account...
Persistent link: https://www.econbiz.de/10011945787
Persistent link: https://www.econbiz.de/10008747529
Industrial organization is mainly concerned with the behavior of large firms, especially when it comes to oligopoly theory. Experimental industrial organization, therefore, faces a problem: How can firms be brought into the laboratory? The main approach relies on framing: Call individuals...
Persistent link: https://www.econbiz.de/10009739507