Showing 1 - 10 of 57
We introduce non-enforceable property rights over bargaining surplus in a dictator game with production, in which the effort of the agents is differentially rewarded. Using experimental data we elicit individual preferences over the egalitarian, the accountability and the libertarian principle...
Persistent link: https://www.econbiz.de/10008602636
We experimentally study the e¤ect of time on altruism. By postponing payments in a standard Dictator game, subjects allocate a future payment between themselves and others. Since both the payoffs of the Dictator and the Receiver are delayed until the same time, standard intertemporal utility...
Persistent link: https://www.econbiz.de/10005515884
Sánchez Villalba (2009) claims tax evasion can be modelled as a global game when income shocks are common and prescribes that the tax agency should audit each individual taxpayer with a probability that is a non-decreasing function of every other taxpayer's declarations ("contingent policy...
Persistent link: https://www.econbiz.de/10008602631
This paper examines a situation in which the production activities of different agents, in a common geographical location, create waste products that are either of a similar biological or chemical composition or offer commercially compatible combinations. What we propose here, therefore, is a...
Persistent link: https://www.econbiz.de/10005731381
We put in perspective two competing hypothesis on the nature of intergenerational transfers: altruism vs. exchange motivation. Unlike previous approaches, we concentrate on non-monetary transfers measured as the effort that parents need to make in order to prevent children?s fatal health...
Persistent link: https://www.econbiz.de/10005731333
When managers are sufficiently guided by social preferences, incentive provision through an organizational mode based on informal implicit contracts may provide a cost-effective alternative to a more formal mode based on explicit contracts and monitoring. This paper reports the results from a...
Persistent link: https://www.econbiz.de/10005731300
We present laboratory experiments of five different multi-unit auction mechanisms. Two units of a homogeneous object were auctioned off among two bidders with flat demand for two units. We test whether expected demand reduction occurs in open and sealed-bid uniform-price auctions. Revenue...
Persistent link: https://www.econbiz.de/10005731316
We study culture and risk aversion as causes of gender differences in ultimatum bargaining. It has often been conjectured in the literature that gender differences in bargaining experiments are partly due to differences in risky decision making. Using the data obtained from our experimental...
Persistent link: https://www.econbiz.de/10005731409
We study whether cognitive ability explains choices in a wide variety of behavioral tasks, including riskand social preferences, by collecting evidence from almost 1,200 subjects across eight experimentalprojects. Since Frederick (2005)'s Cognitive Reflection Test (CRT) has been administered to...
Persistent link: https://www.econbiz.de/10011193733
Experimental evidence suggests that the frequency with which individuals get feedback information on their investments has an effect on risk-taking behavior. In particular, when they are given information sufficiently often, they take fewer risks compared with a situation in which they are...
Persistent link: https://www.econbiz.de/10010676204