Showing 1 - 10 of 10
We analyze the incentives to disclose intermediate research results. We find that despite the help that disclosure can … give to a rival, the leading innovator sometimes chooses to disclose. Disclosure signals commitment to the research project … sufficiently promising, while secrecy may be employed for very good results. As spillovers from disclosure increase, the leader …
Persistent link: https://www.econbiz.de/10005047700
This paper argues that government should pay greater heed to recruitment and retention when designing performance measurement systems for bureaucracies. In the face of pervasive rigidities in public sector pay, internal performance measurement rewards quitters and scars stayers and therefore...
Persistent link: https://www.econbiz.de/10005047977
Three experiments on utility interdependence are discussed. Subjects receive money by betting and possibly by arbitrary assignments. They can then pay to reduce and, possibly, redistribute the steal money; in one case, only the decisions of a randomly determined dictator are implemented. The...
Persistent link: https://www.econbiz.de/10010605010
quite different. But it is shown here that these criteria are related to close variants of the fairness condition that an …
Persistent link: https://www.econbiz.de/10010605037
Economic decisions depend on both actual outcomes as well as perceived intentions. In this paper, we examine whether and how the relative importance of outcomes or intentions for economic decisions develops with age. We report the results of ultimatum games with children, teens and university...
Persistent link: https://www.econbiz.de/10005785095
On 11 May 2001, readers of the Berliner Zeitung were invited to participate in an ultimatum bargaining experiment played in the strategy vector mode: each participant chooses not only how much (s)he demands of the DM1,000 pie but also which of the nine possible offers of DM100, 200,..., 900...
Persistent link: https://www.econbiz.de/10005432513
fairness. The discussion focuses on the development of bargaining strategies and concerns for fairness. …
Persistent link: https://www.econbiz.de/10005432515
We present a field experiment to assess the effect of own and peer wage variations on actual work effort of employees with hourly wages. Work effort neither reacts to an increase of the own wage, nor to a positive or negative peer comparison. This result seems at odds with numerous laboratory...
Persistent link: https://www.econbiz.de/10005432523
public pension systems. We discuss how a budget balancing mechanism can be informed by fairness considerations and we show …
Persistent link: https://www.econbiz.de/10005047963
This paper reports a surprising finding from an experiment on giving to welfare recipients. The experiment tests how offers of money in n-donor dictator games are affected by 1) donors' humanitarian and egalitarian values and 2) direct information about the recipients' work-preferences. People...
Persistent link: https://www.econbiz.de/10005685508