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1 to 10 of 22 Results
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...
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...
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...
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...
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...
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...
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...
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...
May 30, 2016 - AWI Experimental Economics
Oechssler, Jörg; Roomets, Alex; Roth, Stefan, 2016, "From imitation to collusion: a replication [Dataset]", https://doi.org/10.11588/data/10075, heiDATA, V2, UNF:5:qSzzvlOu2rl8/AR8TIBEEQ== [fileUNF]
In oligopoly, imitating the most successful competitor yields very competitive outcomes. This theoretical prediction has been confirmed experimentally by a number of studies. A recent paper by Friedman et al. (J Econ Theory 155:185–205, 2015) qualifies those results in an interes...
Aug 31, 2015 - AWI Experimental Economics
Oechssler, Jörg; Roomets, Alex, 2015, "A Test of Mechanical Ambiguity [Dataset]", https://doi.org/10.11588/data/10059, heiDATA, V1, UNF:5:0TQJ35gJjj9nUWl9FiZstA== [fileUNF]
We implement an experiment to elicit subjects’ ambiguity attitudes in the spirit of Ellsberg's three-color urn. The procedure includes three design elements that (together) have not been featured in similar experiments: Strict ambiguity preferences, a single decision, and a mecha...
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