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-divisional contests. Second, competition in the intradivisional contest is less fierce. Both effects induce a higher marginal utility of … effort provision. We test the model in a laboratory experiment and confirm its main predictions. Our results have important …
Persistent link: https://www.econbiz.de/10012134718
in a laboratory experiment. Our data confirm that placing bid-caps and using favorable tie-breaking rules significantly …
Persistent link: https://www.econbiz.de/10012426931
-breaking rules can reduce discouragement and increase the designer's revenue. We test these predictions in a laboratory experiment …
Persistent link: https://www.econbiz.de/10012936241
Electoral competition between two vote-share maximizing candidates in the context of the unidimensional spatial model … equilibrium is such that the two main candidates locate substantially far from each other. By conducting a laboratory experiment …
Persistent link: https://www.econbiz.de/10012943459
of winning, and relative payoff maximization. Using an eight-part experiment, we test and find significant support for …
Persistent link: https://www.econbiz.de/10014132470
choices from a laboratory experiment. The equilibrium predicts that the large battlefield receives more than a proportional …
Persistent link: https://www.econbiz.de/10014150669
-divisional contests. Second, competition in the intradivisional contest is less fierce. Both effects induce a higher marginal utility of … effort provision. We test the model in a laboratory experiment and confirm its main predictions. Our results have important …
Persistent link: https://www.econbiz.de/10013341970
We conduct a laboratory experiment to compare the fairness and intensity of round-robin tournaments with three …
Persistent link: https://www.econbiz.de/10015202740
We review the recent literature on the determinants and effects of housing market expectations. We begin by providing an overview of existing surveys that elicit housing market expectations, and discuss how those surveys may be expanded in the future. We then document a number of facts about...
Persistent link: https://www.econbiz.de/10013170986
which we test in a laboratory experiment. The experiment supports most of the implications: We find that an increase in the …
Persistent link: https://www.econbiz.de/10012970612