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Reputation and Multilateral Punishment under Uncertainty

Hajikhameneh, Aidin - 2017

Principal-agent problems can reduce gains from exchange available in long distance trade. One solution to mitigate this problem is multilateral punishment, whereby groups of principals jointly punish cheating agents by giving them bad reputations. But how does such punishment work when there is...

Persistent link: https://www.econbiz.de/10012950453

How success breeds success

Descamps, Ambroise; Ke, Changxia; Page, Lionel - In: Quantitative economics : QE ; journal of the … 13 (2022) 1, pp. 355-385

a real‐effort laboratory experiment, we cleanly identify the causal effect of an early success in a competition. We …

Persistent link: https://www.econbiz.de/10012807751

Avoiding the cost of your conscience : belief dependent preferences and information acquisition

Rimbaud, Claire; Soldà, Alice - 2021

online experiment. We use a modified trust-game in which we introduce uncertainty about the second movers' beliefs about …

Persistent link: https://www.econbiz.de/10012661139

Money talks? : an experimental investigation of cheap talk and burned money

Haan, Thomas de; Offerman, Theo; Sloof, Randolph - 2011

We experimentally study the strategic transmission of information in a setting where both cheap talk and money can be used for communication purposes. Theoretically a large number of equilibria exist side by side, in which senders either use costless messages, money, or a combination of the two....

Persistent link: https://www.econbiz.de/10011386442

Other-Regarding Preferences and Performance Pay : An Experiment on Incentives and Sorting

Villeval, Marie-Claire; Eriksson, Tor - 2004

experiment that analyzes the influence of other-regarding preferences on sorting and incentives. Experimental evidence shows that …

Persistent link: https://www.econbiz.de/10010261940

Do overconfident workers cooperate less? : the relationship between overconfidence and cooperation in team production

Mertins, Vanessa; Hoffeld, Wolfgang - 2013

The tendency to underestimate others' relative performance compared to one's own is widespread among individuals in all work environments. We examine the relationship between, and the driving forces behind, individual overconfidence and voluntary cooperation in team production. Our experimental...

Persistent link: https://www.econbiz.de/10010225443

How creative are you? : an experimental study on self-selection in a competitive incentive scheme for creative performance

Bradler, Christiane - 2015

tournament-based scheme vs. a fixed pay scheme. The experiment allows for the measurement of creative productivity, risk … fundamentally from previously found patterns. Agents did not self-select into the tournament scheme according to their creative … most creative agents into the tournament is that there exist substantial misjudgments of relative creative productivity …

Persistent link: https://www.econbiz.de/10010498559

How worker participation affects reciprocity under minimum remuneration policies : experimental evidence

Köhler, Katrin; Pagel, Beatrice; Rau, Holger A. - 2015

We analyze the role of worker participation for the success of minimum remuneration policies. In our experiments employers remunerate workers doing a real-effort task. We vary the way how a minimum remuneration policy is introduced. In the worker-participation treatment, workers bargain with the...

Persistent link: https://www.econbiz.de/10011388097

Strategic communication : an experimental investigation

Eckartz, Katharina; Ehses-Friedrich, Christiane - 2014

knowledge public knowledge. The experiment replicates the results of earlier experimental studies (Dickhaut et al., 1995, Cai …

Persistent link: https://www.econbiz.de/10010260085

Communication and voting in heterogeneous committees : an experimental study

Thordal-Le Quement, Mark; Marcin, Isabel - 2016

We study experimentally the effectiveness of communication in common value committees exhibiting publicly known heterogeneous biases. We test models assuming respectively self-interested and strategic-, joint payoff-maximizing- and cognitively heterogeneous agents. These predict varying degrees...

Persistent link: https://www.econbiz.de/10011444227