1 to 10 of 21 Results
Trautmann, Stefan T.; Kuilen, Gijs van de, 2014, "Belief Elicitation: A Horse Race among Truth Serums [Dataset]", https://doi.org/10.11588/data/10004, heiDATA, V3, UNF:5:rdLqOxsqtpO3QKanCTJFPw== [fileUNF]
We pit non-incentivized introspection against five revealed preference mechanisms (“truth serums”) in the elicitation of beliefs in a simple two-player game. We measure the additivity, the predictive power for own behaviour, and the accuracy of each method. Beliefs from incentivi... |
Dürsch, Peter; Oechssler, Jörg; Vadovic, Radovan, 2014, "Sick Pay Provision in Experimental Labor Markets [Dataset]", https://doi.org/10.11588/data/10010, heiDATA, V2, UNF:6:gwZx9SQucrST4uvXCxHw0w== [fileUNF]
Sick pay is a common provision in most labor contracts. This paper employs an experimental gift exchange environment to explore two related questions using both managers and undergraduates as subjects. First, do workers reciprocate generous sick pay with higher effort? Second, do... |
Siang, Ch’ng Kean; Requate, Till; Waichman, Israel, 2014, "On the role of social wage comparisons in gift-exchange experiments [Dataset]", https://doi.org/10.11588/data/10034, heiDATA, V2
This study extends a bilateral gift-exchange experiment by Clark et al. (2010). We investigate how the provision of either quantitative or qualitative information on the average wage paid in all worker–employer relationships impacts the wage set by employers and worker performanc... |
Oct 29, 2014 - AWI Experimental Economics
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 - AWI Experimental Economics
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 - 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... |
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 - 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... |
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... |
