11 to 20 of 27 Results
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... |
Sep 9, 2019 - AWI Experimental Economics
Nikiforakis, Nikos; Oechssler, Jörg; Shah, Anvar, 2019, "Managerial bonuses and subordinate mistreatment [Dataset]", https://doi.org/10.11588/data/876SOV, heiDATA, V1, UNF:6:rgdksaMzfE0dDvw+toLLbg== [fileUNF]
Can performance bonuses increase the likelihood that managers coerce their subordinates into exerting high levels of effort when doing so promotes neither efficiency nor equity? We consider a laboratory setting in which managers compete to obtain a large bonus at the end of the e... |
Jul 29, 2014 - AWI Experimental Economics
Huck, Steffen; Normann, Hans-Theo; Oechssler, Jörg, 2014, "Learning in Cournot Oligopoly - An Experiment [Dataset]", https://doi.org/10.11588/data/10012, heiDATA, V1
This experiment was designed to test various learning theories in the context of a Cournot oligopoly. We derive theoretical predictions for the learning theories and test these predictions by varying the information given to subjects. The results show that some subjects imitate s... |
Jul 4, 2017 - AWI Experimental Economics
Buckert, Magdalena; Oechssler, Jörg; Schwieren, Christiane, 2017, "Imitation under stress [Dataset]", https://doi.org/10.11588/data/VYCCZI, heiDATA, V1, UNF:6:MAZqxVN4vzEoCVKBRyl1KQ== [fileUNF]
Imitation has been shown to be an important heuristic, in particular in relatively complex environments. In this experiment we test whether subjects are more likely to use imitation if they are under time pressure or distracted. Subjects play a repeated Cournot oligopoly. Treatme... |
Mar 22, 2018 - AWI Experimental Economics
Apesteguia, Jose; Huck, Steffen; Oechssler, Jörg; Weidenholzer, Elke; Weidenholzer, Simon, 2018, "Imitation of Peers in Children and Adults [Dataset]", https://doi.org/10.11588/data/HFTMST, heiDATA, V1, UNF:6:QDuPhtFcF3CPULh+tQIpJQ== [fileUNF]
Imitation of the successful choices of others is a simple and superficially attractive learning rule. It has been shown to be an important driving force for the strategic behavior of (young) adults. In this study we examine whether imitation is prevalent in the behavior of childr... |
Aug 1, 2014 - AWI Experimental Economics
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 - AWI Experimental Economics
Apesteguia, Jose; Huck, Jose; Oechssler, Jörg, 2014, "Imitation - Theory and Experimental Evidence [Dataset]", https://doi.org/10.11588/data/10019, heiDATA, V1, UNF:5:5pL5x5wCWhIWWBXoTb46LA== [fileUNF]
We introduce a generalized theoretical approach to study imitation and subject it to rigorous experimental testing. In our theoretical analysis we find that the different predictions of previous imitation models are mainly explained by different informational assumptions, and to... |
Aug 4, 2014 - AWI Experimental Economics
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... |
Oct 28, 2014 - AWI Experimental Economics
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... |
Sep 2, 2019 - AWI Experimental Economics
Oechssler, Jörg; Rau, Hannes; Roomets, Alex, 2019, "Hedging, ambiguity, and the reversal of order axiom [Dataset]", https://doi.org/10.11588/data/1XDKHZ, heiDATA, V1, UNF:6:c8rHrHnmCxS3BC4O6euGVQ== [fileUNF]
We ran experiments that gave subjects a straight-forward and simple opportunity to hedge away ambiguity in an Ellsberg-style experiment. Subjects had to make bets on the combined outcomes of a fair coin and a draw from an ambiguous urn. By modifying the timing of the draw, coin f... |
