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Does Resorting to Online Dispute Resolution Promote Agreements? Experimental Evidence

Gabuthy, Yannick; Jacquemet, Nicolas; Marchand, Nadège - 2014

This paper presents an experiment performed to test the properties of an innovative bargaining mechanism (called …

Persistent link: https://www.econbiz.de/10014027206

Demand Reduction in Multi-Unit Auctions with Varying Numbers of Bidders : Theory and Evidence from a Field Experiment

Engelbrecht-Wiggans, Richard; List, John A.; Reiley, … - 2008

Recent auction theory and experimental results document strategic demand reduction by bidders in uniform-price auctions. The present article extends this area of research to consider the effects of varying the number of bidders. Our theoretical model predicts that demand reduction should...

Persistent link: https://www.econbiz.de/10014027311

Foreign Aid and Weakest-Link International Public Goods : An Experimental Study

Lei, Vivian; Tucker, Steven; Vesely, Filip - 2010

In this paper, we investigate efficiency differences between income and in-kind transfers as distribution mechanisms of foreign aid to weakest-link international public goods in a laboratory environment. We find that if there is relatively small difference in country size, then income transfers...

Persistent link: https://www.econbiz.de/10014027359

Subjective Performance Evaluations, Collusion, and Organizational Design

Thiele, Veikko - 2010

Many scholars have emphasized the importance of subjective performance evaluations in employment relationships to provide employees with appropriate effort incentives. While the previous literature has focused on subjective evaluations conducted directly by the firm owner (principal), we...

Persistent link: https://www.econbiz.de/10014027736

When Curiosity Kills the Profits : An Experimental Examination

Jamison, Julian C.; Karlan, Dean - 2005

Economic theory predicts that in a first-price auction with equal and observable valuations, bidders earn zero profits. Theory also predicts that if valuations are not common knowledge, then since it is weakly dominated to bid your valuation, bidders will bid less and earn positive profits....

Persistent link: https://www.econbiz.de/10014028048

Risk Attitudes, Randomization to Treatment, and Self-Selection into Experiments

Harrison, Glenn W.; Igel Lau, Morten; Rutström, Eva … - 2005

human subjects often volunteer for experiments, or are allowed to drop out of the experiment at any time if they want to, it … is possible that the sample observed in an experiment might be biased because of the risk of randomization. On the other … opposite direction, encouraging more risk averse samples into experiments. We undertake a field experiment to directly test …

Persistent link: https://www.econbiz.de/10014028150

Estimating Risk Attitudes in Denmark : A Field Experiment

Harrison, Glenn W.; Igel Lau, Morten; Rutström, Eva … - 2005

We estimate individual risk attitudes using controlled experiments in the field in Denmark. These risk preferences are elicited by means of field experiments involving real monetary rewards. The experiments were carried out across Denmark using a representative sample of 253 people between 19...

Persistent link: https://www.econbiz.de/10014028151

Who is 'Behavioral'? Cognitive Ability and Anomalous Preferences

Benjamin, Daniel J.; Brown, Sebastian A.; Shapiro, Jesse M. - 2008

laboratory experiment shows that reducing cognitive resources using a cognitive load manipulation tends to exacerbate small …

Persistent link: https://www.econbiz.de/10014028270

Breakdown of Cooperation in Iterative Real-Time Trust Dilemmas

Murphy, Ryan O.; Rapoport, Amnon; Parco, James E. - 2008

We study a class of trust dilemmas with symmetric players that evolve in real-time. In these games, as long as all the n players continue to cooperate, the payoff function increases exponentially over time. Simultaneously, however, the temptation to defect also increases at the same rate. The...

Persistent link: https://www.econbiz.de/10014028805

Status and Distrust : The Relevance of Inequality and Betrayal Aversion

Hong, Kessely; Bohnet, Iris - 2005

Trust is related to people's willingness to accept vulnerability, composed of their willingness to accept the risk of being worse off than if they had never trusted, the risk of being worse off than the trusted party, and the risk of being betrayed by the trusted party. We examine how people's...

Persistent link: https://www.econbiz.de/10014028849