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For decades, experimental economics has been very interested in behavior that could be characterized as practicing solidarity (although the term is rarely used). Solidarity is a key concept in Catholic Social Teaching. This paper builds a bridge between these two endeavors that, thus far, had...
Persistent link: https://www.econbiz.de/10012981770
For decades, experimental economics has been very interested in behavior that could be characterized as practicing solidarity (although the term is rarely used). Solidarity is a key concept in Catholic Social Teaching. This paper builds a bridge between these two endeavors that, thus far, had...
Persistent link: https://www.econbiz.de/10011553331
Evidence from an experiment investigating the "house money effect" in the context of a public goods game is … is potentially important in the external validity debate. -- Public Good Experiment ; Hurdle Model ; double hurdle model …
Persistent link: https://www.econbiz.de/10009569530
Legal realists expect prosecutors to be selfish. If they get the defendant convicted, this helps them advance their careers. If the odds of winning on the main charge are low, prosecutors have a second option. They can exploit the ambiguity of legal doctrine and charge the defendant for vaguely...
Persistent link: https://www.econbiz.de/10009161317
"office motive". In a lab experiment, we rule out both traditional explanations by design. Nonetheless authorities do a …
Persistent link: https://www.econbiz.de/10011553361
"office motive". In a lab experiment, we rule out both traditional explanations by design. Nonetheless authorities do a …
Persistent link: https://www.econbiz.de/10014161084
modelled as a simultaneous, symmetric prisoner’s dilemma. This experiment manipulates the payoff in case both players defect …
Persistent link: https://www.econbiz.de/10009573481
On the doctrinal surface, there is a deep divide between common and continental law when it comes to the origin of contractual obligations. Under continental law, in principle a unilateral promise suffices. Common law by contrast requires consideration. When it comes to deciding cases, the...
Persistent link: https://www.econbiz.de/10011706153
Under common law, the standard remedy for breach of contract is expectation damages. Under continental law, the standard is specific performance. The common law solution is ex post efficient. But is it also ex ante efficient? We use experimental methods to test whether knowing that...
Persistent link: https://www.econbiz.de/10011715408
Evidence from an experiment investigating the “house money effect” in the context of a public goods game is …
Persistent link: https://www.econbiz.de/10010553336