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Enke, Benjamin; Zimmermann, Florian - CESifo - 2013

Many information structures generate correlated rather than mutually independent signals, the news media being a prime example. This paper shows experimentally that in such contexts many people neglect these correlations in the updating process and treat correlated information as independent. In...

Persistent link: https://www.econbiz.de/10010718532

Tax Evasion, Welfare Fraud, and "The Broken Windows" Effect: An Experiment in Belgium, France and the Netherlands

Lefebvre, Mathieu; Pestieau, Pierre; Riedl, Arno; … - CESifo - 2011

In a series of experiments conducted in Belgium (Wallonia and Flanders), France and the Netherlands, we compare …

Persistent link: https://www.econbiz.de/10008914269

The Attack and Defense of Weakest-Link Networks

Dan Kovenock J.; Roberson, Brian; Sheremeta, Roman M. - CESifo - 2010

This paper experimentally examines behavior in a two-player game of attack and defense of a weakest-link network of targets, in which the attacker’s objective is to successfully attack at least one target and the defender’s objective is diametrically opposed. We apply two benchmark contest...

Persistent link: https://www.econbiz.de/10008671693

Preferences for Consistency

Falk, Armin; Zimmermann, Florian - CESifo - 2011

strength. We then present three experiments that study main predictions and implications of the model. The first is a simple … principal-agent experiment that shows that consistency is valued by others and that this value is anticipated. The second … experiment underlines the crucial role of early commitment for consistency preferences. Finally we show how preferences for …

Persistent link: https://www.econbiz.de/10009228620

Who Cares for Social Image? Interactions between Intrinsic Motivation and Social Image Concerns

Friedrichsen, Jana; Engelmann, Dirk - CESifo - 2013

We consider the interaction of intrinsic motivation and concerns for social approval in a laboratory experiment. We … elicit a proxy for Fairtrade preferences before the experiment in which we elicit willingness to pay for conventional and …

Persistent link: https://www.econbiz.de/10010723530

An Experimental AK Model of Growth

Ponzano, Ferruccio; Ricciuti, Roberto - CESifo - 2012

In this paper we test the AK model of growth with laboratory experiments. In each period, agents produce and trade …

Persistent link: https://www.econbiz.de/10009651181

Let's Talk: How Communication Affects Contract Design

Brandts, Jordi; Charness, Gary; Ellman, Matthew - CESifo - 2012

We study experimentally how the ability to communicate affects the frequency and effectiveness of flexible and inflexible contracts in a bilateral trade context where sellers can adjust trade quality after observing a post-contractual cost shock and a discretionary buyer transfer. In the absence...

Persistent link: https://www.econbiz.de/10010558687

An Experimental Investigation of Risk Sharing and Adverse Selection

Tausch, Franziska; Potters, Jan; Riedl, Arno - CESifo - 2013

Does adverse selection hamper the effectiveness of voluntary risk sharing? How do differences in risk profiles affect adverse selection? We experimentally investigate individuals’ willingness to share risks with others. Across treatments we vary how risk profiles differ between individuals. We...

Persistent link: https://www.econbiz.de/10010639422

Social Welfare versus Inequality Concerns in an Incomplete Contract Experiment

Faravelli, Marco; Kirchkamp, Oliver; Rainer, Helmut - CESifo - 2010

then split joint benefits. We investigate how social preferences determine investments. In our experiment we find that even …-sharing can be successful in the experiment, even when it is not in a selfish world. …

Persistent link: https://www.econbiz.de/10008534038

An Experimental Investigation of Colonel Blotto Games

Chowdhury, Subhasish M.; Dan Kovenock J.; Sheremeta, … - CESifo - 2009

This article examines behavior in the two-player, constant-sum Colonel Blotto game with asymmetric resources in which players maximize the expected number of battlefields won. The experimental results support all major theoretical predictions. In the auction treatment, where winning a...

Persistent link: https://www.econbiz.de/10005034634