71 to 80 of 88 Results
Oct 29, 2014
Diederich, Johannes; Goeschl, Timo, 2014, "Willingness to Pay for Voluntary Climate Action and Its Determinants: Field-Experimental Evidence [Dataset]", https://doi.org/10.11588/data/10030, heiDATA, V2
The determinants of individual, voluntary climate action (VCA) in combating climate change and its potential scale are frequently debated in public but largely underresearched. We provide estimates of the willingness to individually reduce EU greenhouse gas emissions by one ton,... |
Oct 28, 2014
Oechssler, Jörg; Schmidt, Carsten; Schnedler, Wendelin, 2014, "On the Ingredients for Bubble Formation: Informed Traders and Communication [Dataset]", https://doi.org/10.11588/data/10018, heiDATA, V2, UNF:5:CfRgi4YFxqGebpDZgTc48w== [fileUNF]
Bubbles in asset markets have been documented in numerous experiments. Most experiments in which bubbles occur feature a declining fundamental value. This feature has been criticized for being atypical of real financial markets. Here, we experimentally study other ingredients for... |
Oct 28, 2014
Nikiforakis, Nikos; Oechssler, Jörg; Shah, Anwar, 2014, "Hierarchy, Coercion, and Exploitation: An Experimental Analysis [Dataset]", https://doi.org/10.11588/data/10015, heiDATA, V3, UNF:5:Vep1OzKyX8y7uU4Zs/av/g== [fileUNF]
The power to coerce workers is important for the efficient operation of hierarchically structured organizations. However, this power can also be used by managers to exploit their subordinates for their own benefit. We examine the relationship between the power to coerce and explo... |
Vanberg, Christoph, 2014, "Why do people keep their promises? An experimental test of two explanations", https://doi.org/10.11588/data/10032, heiDATA, V2, UNF:5:LLxs3XkQ6C/SySd6VWVBWQ== [fileUNF]
Numerous psychological and economic experiments have shown that the exchange of promises greatly enhances cooperative behavior in experimental games. This paper seeks to test two theories to explain this effect. The first posits that individuals have a preference for keeping thei... |
Aug 4, 2014
Eichberger, Jürgen; Oechssler, Jörg; Schnedler, Wendelin, 2014, "How do subjects view multiple sources of ambiguity? [Dataset]", https://doi.org/10.11588/data/10023, heiDATA, V1, UNF:5:opzxnDkbHOo4fM7i9CoiIw== [fileUNF]
As illustrated by the famous Ellsberg paradox, many subjects prefer to bet on events with known rather than with unknown probabilities, i.e., they are ambiguity averse. In an experiment, we examine subjects’ choices when there is an additional source of ambiguity, namely, when th... |
Dürsch, Peter; Kolb, Albert; Oechssler, Jörg; Schipper, Burkhard C., 2014, "Rage Against the Machines: How Subjects Learn to Play Against Computers [Dataset]", https://doi.org/10.11588/data/10024, heiDATA, V3, UNF:5:UE+VbT403TpvbwYdzJeHMQ== [fileUNF]
We use a large-scale internet experiment to explore how subjects learn to play against computers that are programmed to follow one of a number of standard learning algorithms. The learning theories are (unbeknown to subjects) a best response process, fictitious play, imitation, r... |
Bauernschuster, Stefan; Dürsch, Peter; Oechssler, Jörg; Vadovic, Radovan, 2014, "Mandatory Sick Pay Provision: A Labor Market Experiment [Dataset]", https://doi.org/10.11588/data/10022, heiDATA, V2, UNF:5:QN3j/kE7cRnB9bWCisLgMg== [fileUNF]
The question whether a minimum rate of sick pay should be mandated is much debated. We study the effects of this kind of intervention with student subjects in an experimental laboratory setting rich enough to allow for moral hazard, adverse selection, and crowding out of good int... |
Aug 1, 2014
Apesteguia, Jose; Huck, Steffen; Oechssler, Jörg; Weidenholzer, Simon, 2014, "Imitation and the Evolution of Walrasian Behavior: Theoretically Fragile but Behaviorally [Dataset]", https://doi.org/10.11588/data/10021, heiDATA, V2, UNF:5:9uTZvsy6tiSJe0U8/cdxPw== [fileUNF]
A well-known result by Vega-Redondo (1997) [18] implies that in symmetric Cournot oligopolies, imitation leads to the Walrasian outcome. We show that this result is not robust to the slightest asymmetry in costs, since every outcome where agents choose identical actions will be p... |
Jul 31, 2014
Huck, Steffen; Normann, Hans-Theo; Oechssler, Jörg, 2014, "Does Information about Competitors' Actions Increase or Decrease Competition in Experimental Oligopoly Markets? [Dataset]", https://doi.org/10.11588/data/10020, heiDATA, V1
This paper investigates the impact the publication of firm-specific data has on the competitiveness of experimental oligopoly markets. We compare two treatments: in one, firms are informed about their rivals’ actions and profits. In the other, firms are only given aggregate infor... |
Jul 31, 2014
Huck, Steffen; Normann, Hans-Theo; Oechssler, Jörg, 2014, "Two are Few and Four are Many: Number Effects in Experimental Oligopoly [Dataset]", https://doi.org/10.11588/data/10017, heiDATA, V1, UNF:5:ZO79Xsj/X7piQu3p8pQheg== [fileUNF]
In this paper we investigate how the competitiveness of Cournot markets varies with the number of firms in an industry. We review previous Cournot experiments in the literature. Additionally, we conduct a new series of experiments studying oligopolies with two, three, four, and f... |
