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Broken Windows: the metaphor has changed New York and Los Angeles. Yet it is far from un-disputed whether the broken windows policy was causal for reducing crime. In a series of lab experiments we put two components of the theory to the test. We show that first impressions and early punishment...
Persistent link: https://www.econbiz.de/10014206425
We experimentally investigate purchase decisions with linear and non-linear pricing under risk. The experiment is based on a single period stochastic inventory problem with endogenous cost. It extends classic binary lottery experiments to test standard decision theoretic predictions concerning...
Persistent link: https://www.econbiz.de/10014224223
Both social psychology and experimental economics empirically investigate social dilemmas. However, these two disciplines sometimes use different notions for very similar scenarios. While it is irrelevant for economists whether an experimental public-good game is conceptualised as a take-some or...
Persistent link: https://www.econbiz.de/10014111725
We conduct an experiment to test standard theoretical predictions concerning switching behavior in a rebate and a discount scheme. Beyond theoretical expectations we find that rebate and discount schemes exert a significant attraction that enhances the potentially exclusionary effect of the...
Persistent link: https://www.econbiz.de/10013125862
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Persistent link: https://www.econbiz.de/10003679070
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Broken Windows: the metaphor has changed New York and Los Angeles. Yet it is far from undisputed whether the broken windows policy was causal for reducing crime. In a series of lab experiments we show that first impressions are indeed causal for cooperativeness in three different institutional...
Persistent link: https://www.econbiz.de/10003862429
Persistent link: https://www.econbiz.de/10003591198
Both social psychology and experimental economics empirically investigate social dilemmas. However, these two disciplines sometimes use different notions for very similar scenarios. While it is irrelevant for economists whether an experimental public-good game is conceptualised as a take-some or...
Persistent link: https://www.econbiz.de/10011582376