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devise an experiment to explore optimal contracts in a hidden information context. A principal offers one of three possible …
Persistent link: https://www.econbiz.de/10014151603
This paper examines the effect of a social network on prediction markets using a controlled laboratory experiment that … as the performance of the prediction market as a whole. Through a randomized experiment, we first confirm the theoretical …
Persistent link: https://www.econbiz.de/10014152133
This paper experimentally examines gender differences in bargaining using the 'trust game' introduced by Joyce Berg, John Dickhaut and Kevin McCabe (1995). We find no significant effect of gender on trusting behavior, but find that women reciprocate their partner's trust significantly more than...
Persistent link: https://www.econbiz.de/10014152165
Multi-disciplinary research has documented that parenting strategies influence children’s cigarette use. Extending the extant literature, we develop an integrative model to examine the effect of parenting strategies on children’s smoking progression, in which children’s self-esteem plays...
Persistent link: https://www.econbiz.de/10014152263
from 122 children, our artefactual field experiment naturally permits us to disentangle pure altruism and warm glow …
Persistent link: https://www.econbiz.de/10014152480
behavior and to link it to psychological drivers. We use an experiment in which subjects participated in a lottery intended to …
Persistent link: https://www.econbiz.de/10014152952
authority dampens internal impulses toward honesty, loyalty, or generosity. In a gift-exchange experiment, we find that subjects …
Persistent link: https://www.econbiz.de/10014153596
Stated preference studies are often used to provide estimates of non-market values for cost-benefit analysis. Applications of these techniques have been criticised because of the hypothetical nature of the surveys and the possibility of bias. Various types of bias have been cited including...
Persistent link: https://www.econbiz.de/10014154349
This paper provides a direct test of the hypothesis that agents' objective functions are non-separable in economic incentives and social preferences. We study experimentally fixed-prize contests using a 2x2 design, varying orthogonally the degree of competition of the incentive mechanism...
Persistent link: https://www.econbiz.de/10014154909
This paper studies contributions and punishments in a linear public good game, where group members have different sources of endowment. We compare the behavior of homogeneous groups, in which subjects are exogenously assigned the same endowments, with that of heterogeneous groups, in which half...
Persistent link: https://www.econbiz.de/10014154945