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A growing experimental literature studies the endogenous choice of institutions to solve cooperation problems arising in prisoners' dilemmas, public goods games, and common pool resource games. Participants in these experiments have the opportunity to influence the rules of the game before they...
Persistent link: https://www.econbiz.de/10012010646
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We analyze how the team formation process influences the ability composition and performance of teams, showing how self …-selection and random assignment affect team performance for different tasks in two natural field experiments. We identify the … collaboration intensity of the task as the key driver of the effect of self-selection on team performance. We find that when the …
Persistent link: https://www.econbiz.de/10012237433
reputation. Third, an avoidance of bidders with prior bad performance appears to be an extremely important factor. Fourth …
Persistent link: https://www.econbiz.de/10012492856
competition affect agents' performance? In a real-effort laboratory experiment, we study a one-time increase in incentives in a … response but does not boost total performance. …
Persistent link: https://www.econbiz.de/10011895040
informed about their piece rate realization, they adapt their performance. One third of subjects nevertheless forego this …
Persistent link: https://www.econbiz.de/10011340265
of instrumental information exist, studying information structures on performance pay. Second, information avoiders …
Persistent link: https://www.econbiz.de/10011751477
In Buy-It-Now (BIN, hereafter) auctions, sellers can make a "take-it-or-leave-it" price offer (BIN price) prior to an auction. We analyse experimentally how eBay sellers set BIN prices and whether they benefit from offering them. Using the real eBay environment in the laboratory, we find that...
Persistent link: https://www.econbiz.de/10011902715
In Buy-It-Now auctions, sellers can post a take-it-or-leave-it price offer prior to an auction. While the literature almost exclusively looks at buyers in such combined mechanisms, the current paper summarizes results from the sellers' point of view. Buy-It-Now auctions are complex mechanisms...
Persistent link: https://www.econbiz.de/10014477420