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An experimental study on the incentives of the probabilistic serial mechanism
Hugh-Jones, David; Kurino, Morimitsu; Vanberg, Christoph - 2013
We report an experiment on the Probabilistic Serial (PS) mechanism for allocating indivisible goods. The PS mechanism, a recently discovered alternative to the widely used Random Serial Dictatorship mechanism, has attractive fairness and efficiency properties if people report their preferences...
Persistent link: https://www.econbiz.de/10009751593
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An experimental study on the incentives of the probabilistic serial mechanism
Hugh-Jones, David; Kurino, Morimitsu; Vanberg, Christoph - 2013
We report an experiment on the Probabilistic Serial (PS) mechanism for allocating indivisible goods. The PS mechanism, a recently discovered alternative to the widely used Random Serial Dictatorship mechanism, has attractive fairness and efficiency properties if people report their preferences...
Persistent link: https://www.econbiz.de/10010313111
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An experimental study on the incentives of the probabilistic serial mechanism
Hugh-Jones, David; Kurino, Morimitsu; Vanberg, Christoph - Abteilung "Verhalten auf Märkten", … - 2013
We report an experiment on the Probabilistic Serial (PS) mechanism for allocating indivisible goods. The PS mechanism, a recently discovered alternative to the widely used Random Serial Dictatorship mechanism, has attractive fairness and efficiency properties if people report their preferences...
Persistent link: https://www.econbiz.de/10010955338
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An Experimental Study on the Incentives of the Probabilistic Serial Mechanism
Hugh-Jones, David - 2014
We report an experiment on the Probabilistic Serial (PS) mechanism for allocating indivisible goods. The PS mechanism, a recently discovered alternative to the widely used Random Serial Dictatorship mechanism, has attractive fairness and efficiency properties if people report their preferences...
Persistent link: https://www.econbiz.de/10013063783
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An experimental study on the incentives of the probabilistic serial mechanism
Hugh-Jones, David; Kurino, Morimitsu; Vanberg, Christoph - In: Games and economic behavior 87 (2014), pp. 367-380
Persistent link: https://www.econbiz.de/10011304944
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Combining "real effort" with induced effort costs : the ball-catching task
Gächter, Simon; Huang, Lingbo; Sefton, Martin - 2015
an experiment with piece-rate incentives we find that the comparative static and the point predictions on effort …
Persistent link: https://www.econbiz.de/10010528809
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Combining "real effort" with induced effort costs : the ball-catching task
Gächter, Simon; Huang, Lingbo; Sefton, Martin - 2015
an experiment with piece-rate incentives we find that the comparative static and the point predictions on effort …
Persistent link: https://www.econbiz.de/10010530634
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Combining "real effort" with induced effort costs : the ball-catching task
Gächter, Simon; Huang, Lingbo; Sefton, Martin - 2015
an experiment with piece-rate incentives we find that the comparative static and the point predictions on effort …
Persistent link: https://www.econbiz.de/10010518803
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Incentive magnitude effects in experimental games : bigger is not necessarily better
Pulford, Briony D.; Colman, Andrew M.; Loomes, Graham - In: Games 9 (2018) 1/4, pp. 1-10
In experimental games, task-related incentives are payments to experimental subjects that vary according to their …-form games under task-related incentives of conventional magnitude and compared them with choices and reasons in the same games … under incentives five times as large. Both strategy choices and self-reported reasons for choices were almost …
Persistent link: https://www.econbiz.de/10011848336
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A theory of fair random allocation under priorities
Han, Xiang - In: Theoretical Economics 19 (2024) 3, pp. 1185-1221
In the allocation of indivisible objects under weak priorities, a common practice is to break the ties using a lottery and randomize over deterministic mechanisms. Such randomizations usually lead to unfairness and inefficiency ex-ante. We propose and study the concept of ex-ante fairness for...
Persistent link: https://www.econbiz.de/10015419670