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Author Name: Oechssler, Jörg

1 to 10 of 25 Results

The conditional contribution mechanism for repeated public goods - The general case [Data & Replication package] Jun 3, 2022 - AWI Experimental Economics Oechssler, Jörg; Reischmann, Andreas; Sofianos, Andis, 2022, "The conditional contribution mechanism for repeated public goods - The general case [Data & Replication package]", https://doi.org/10.11588/data/ZPTF1X, heiDATA, V1 We present a new and simple mechanism for repeated public good environments. In the Conditional Contribution Mechanism (CCM), agents send two messages of the form, “I am willing to contribute x units to the public good if in total y units are contributed.” This mechanism offers a...
Savage vs. Anscombe-Aumann: an experimental investigation of ambiguity frameworks [Dataset] Oct 28, 2020 - AWI Experimental Economics Oechssler, Jörg; Roomets, Alex, 2020, "Savage vs. Anscombe-Aumann: an experimental investigation of ambiguity frameworks [Dataset]", https://doi.org/10.11588/data/RTQIUG, heiDATA, V1, UNF:6:znXzfO0UeSWMUd6rxjZvVw== [fileUNF] The Savage and the Anscombe–Aumann frameworks are the two most popular approaches used when modeling ambiguity. The former is more flexible, but the latter is often preferred for its simplicity. We conduct an experiment where subjects place bets on the joint outcome of an ambiguo...
Copy Trading [Dataset] Sep 14, 2020 - AWI Experimental Economics Apesteguia, Jose; Oechssler, Jörg; Weidenholzer, Simon, 2020, "Copy Trading [Dataset]", https://doi.org/10.11588/data/PAMQ0B, heiDATA, V1, UNF:6:GrGXrQgTcdgZl5admIPidA== [fileUNF] Copy trading allows traders in social networks to receive information on the success of other agents in financial markets and to directly copy their trades. Internet platforms like eToro, ZuluTrade, and Tradeo have attracted millions of users in recent years. The present paper st...
Managerial bonuses and subordinate mistreatment [Dataset] 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...
Hedging, ambiguity, and the reversal of order axiom [Dataset] 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...
Sick Pay Provision in Experimental Labor Markets [Dataset] Dec 11, 2018 - AWI Experimental Economics 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...
Cognitive Abilities and Behavioral Biases [Dataset] Nov 2, 2018 - AWI Experimental Economics Oechssler, Jörg; Roider, Andreas; Schmitz, Patrick W., 2018, "Cognitive Abilities and Behavioral Biases [Dataset]", https://doi.org/10.11588/data/FC6TFM, heiDATA, V1, UNF:6:Ur0lg1+9V8E/LgM9GE822w== [fileUNF] We use a simple, three-item test for cognitive abilities to investigate whether established behavioral biases that play a prominent role in behavioral economics and finance are related to cognitive abilities.We find that higher test scores on the cognitive reflection test of Fred...
Cooling Off in Negotiations: Does it Work? [Dataset] Nov 2, 2018 - AWI Experimental Economics Oechssler, Jörg; Roider, Andreas; Schmitz, Patrick W., 2018, "Cooling Off in Negotiations: Does it Work? [Dataset]", https://doi.org/10.11588/data/GPYRWB, heiDATA, V1, UNF:6:Cbv7eaNL5WmdjsNqlQQScQ== [fileUNF] Negotiations frequently end in conflict after one party rejects a final offer. In a large-scale Internet experiment, we investigate whether a 24-hour cooling-off period leads to fewer rejections in ultimatum bargaining. We conduct a standard cash treatment and a lottery treatment...
Imitation of Peers in Children and Adults [Dataset] 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...
The Binary Conditional Contribution Mechanism for public good provision in dynamic settings - Theory and experimental evidence [Dataset] Mar 22, 2018 - AWI Experimental Economics Reischmann, Andreas; Oechssler, Jörg, 2018, "The Binary Conditional Contribution Mechanism for public good provision in dynamic settings - Theory and experimental evidence [Dataset]", https://doi.org/10.11588/data/QHN1KT, heiDATA, V1, UNF:6:oGAQOEsaP2z2MtFReyc6Uw== [fileUNF] We present a new and simple mechanism for repeated public good environments. In the Binary Conditional Contribution Mechanism (BCCM), every agent's message has the form, “I am willing to contribute to the public good if at least k agents contribute in total.” This mechanism offer...

The conditional contribution mechanism for repeated public goods - The general case [Data & Replication package]

Jun 3, 2022 - AWI Experimental Economics

Oechssler, Jörg; Reischmann, Andreas; Sofianos, Andis, 2022, "The conditional contribution mechanism for repeated public goods - The general case [Data & Replication package]", https://doi.org/10.11588/data/ZPTF1X, heiDATA, V1

We present a new and simple mechanism for repeated public good environments. In the Conditional Contribution Mechanism (CCM), agents send two messages of the form, “I am willing to contribute x units to the public good if in total y units are contributed.” This mechanism offers a...

Savage vs. Anscombe-Aumann: an experimental investigation of ambiguity frameworks [Dataset]

Oct 28, 2020 - AWI Experimental Economics

Oechssler, Jörg; Roomets, Alex, 2020, "Savage vs. Anscombe-Aumann: an experimental investigation of ambiguity frameworks [Dataset]", https://doi.org/10.11588/data/RTQIUG, heiDATA, V1, UNF:6:znXzfO0UeSWMUd6rxjZvVw== [fileUNF]

The Savage and the Anscombe–Aumann frameworks are the two most popular approaches used when modeling ambiguity. The former is more flexible, but the latter is often preferred for its simplicity. We conduct an experiment where subjects place bets on the joint outcome of an ambiguo...

Copy Trading [Dataset]

Sep 14, 2020 - AWI Experimental Economics

Apesteguia, Jose; Oechssler, Jörg; Weidenholzer, Simon, 2020, "Copy Trading [Dataset]", https://doi.org/10.11588/data/PAMQ0B, heiDATA, V1, UNF:6:GrGXrQgTcdgZl5admIPidA== [fileUNF]

Copy trading allows traders in social networks to receive information on the success of other agents in financial markets and to directly copy their trades. Internet platforms like eToro, ZuluTrade, and Tradeo have attracted millions of users in recent years. The present paper st...

Managerial bonuses and subordinate mistreatment [Dataset]

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...

Hedging, ambiguity, and the reversal of order axiom [Dataset]

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...

Sick Pay Provision in Experimental Labor Markets [Dataset]

Dec 11, 2018 - AWI Experimental Economics

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...

Cognitive Abilities and Behavioral Biases [Dataset]

Nov 2, 2018 - AWI Experimental Economics

Oechssler, Jörg; Roider, Andreas; Schmitz, Patrick W., 2018, "Cognitive Abilities and Behavioral Biases [Dataset]", https://doi.org/10.11588/data/FC6TFM, heiDATA, V1, UNF:6:Ur0lg1+9V8E/LgM9GE822w== [fileUNF]

We use a simple, three-item test for cognitive abilities to investigate whether established behavioral biases that play a prominent role in behavioral economics and finance are related to cognitive abilities.We find that higher test scores on the cognitive reflection test of Fred...

Cooling Off in Negotiations: Does it Work? [Dataset]

Nov 2, 2018 - AWI Experimental Economics

Oechssler, Jörg; Roider, Andreas; Schmitz, Patrick W., 2018, "Cooling Off in Negotiations: Does it Work? [Dataset]", https://doi.org/10.11588/data/GPYRWB, heiDATA, V1, UNF:6:Cbv7eaNL5WmdjsNqlQQScQ== [fileUNF]

Negotiations frequently end in conflict after one party rejects a final offer. In a large-scale Internet experiment, we investigate whether a 24-hour cooling-off period leads to fewer rejections in ultimatum bargaining. We conduct a standard cash treatment and a lottery treatment...

Imitation of Peers in Children and Adults [Dataset]

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...

The Binary Conditional Contribution Mechanism for public good provision in dynamic settings - Theory and experimental evidence [Dataset]

Mar 22, 2018 - AWI Experimental Economics

Reischmann, Andreas; Oechssler, Jörg, 2018, "The Binary Conditional Contribution Mechanism for public good provision in dynamic settings - Theory and experimental evidence [Dataset]", https://doi.org/10.11588/data/QHN1KT, heiDATA, V1, UNF:6:oGAQOEsaP2z2MtFReyc6Uw== [fileUNF]

We present a new and simple mechanism for repeated public good environments. In the Binary Conditional Contribution Mechanism (BCCM), every agent's message has the form, “I am willing to contribute to the public good if at least k agents contribute in total.” This mechanism offer...

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