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Theory predicts that committees of experts may take decisions that look good but are bad and that they show a united front to impress evaluators. Although evaluators see through this behavior, committees persist in it only to avoid worse assessments. We investigate this theory in the lab, using...
Persistent link: https://www.econbiz.de/10011895939
underbidding can be weakened by giving the subjects ex ante feedback about their bid, but unlike related studies I also find …
Persistent link: https://www.econbiz.de/10011745540
issues in a theory-guided lab experiment. Easily attainable ("belief-based") protection indeed leads to more reports, both …
Persistent link: https://www.econbiz.de/10011619649
issues in a theory-guided lab experiment. Easily attainable ("belief-based") protection indeed leads to more reports, both …
Persistent link: https://www.econbiz.de/10011625350
It has been argued that guilt aversion (the aversion to violate others' expectations) and the compliance to descriptive social norms (the aversion to act differently than others in the same situation) are important drivers of human behavior. We show in a formal model that both motives are...
Persistent link: https://www.econbiz.de/10011825251
two experimentswhich study how the timing of messages affects dictators' decisions (experiment 1) and which value … recipients attach to communication opportunities (experiment 2). The first experiment shows that the effect of communication on …, recipients in a second experiment reveal a strong preference for pre-decision messages: Their willingnessto pay for pre …
Persistent link: https://www.econbiz.de/10011671666
Persistent link: https://www.econbiz.de/10008799080
We conduct a laboratory experiment to test whether subjects tend to meet the expectations of others (the guilt aversion …
Persistent link: https://www.econbiz.de/10013034626
The paper reports results from an Ultimatum Game experiment with asymmetric information where Proposers can send to …
Persistent link: https://www.econbiz.de/10013013163
responders. In the second part of the paper, we report on an experiment testing this game. On average, 88.5% of the proposers …
Persistent link: https://www.econbiz.de/10013077572