Learn More
In this paper we present a new design which allows us to draw inferences on the distribution of lying behavior among the population. Participants received a dice in order to determine their payoff anonymously. Whatever they reported to have rolled, they received as payoff. 39% of the subjects were honest and maximally 22% of them were lying completely.(More)
Any opinions expressed here are those of the author(s) and not those of the institute. Research disseminated by IZA may include views on policy, but the institute itself takes no institutional policy positions. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between(More)
Can social interactions be used to encourage the consumption of fair-trade products? Social interactions may alter purchase behavior by triggering either self-image concerns (when one sees others' decisions without being seen) or social-image concerns (when everybody sees everyone else). A laboratory experiment is designed to identify separately these(More)
Group performance-based payment schemes appear to be widely used on the business place but …rms di¤er in the distribution of the group production between members of the group. We consider agents heterogeneous depending on their inequity aversion degrees in the sense of Fehr and Schmidt (1999). The theory predicts the self-selection of agents at the(More)
In many cases individuals benefit differently from the provision of a public good. We study in a laboratory experiment how heterogeneity in returns and uncertainty affects unconditional and conditional contribution behavior in a linear public goods game. The elicitation of conditional contributions in combination with a within subject design allows us to(More)
In this paper, we analyze group incentives when a proportion of agents feel in-equity aversion as de…ned by Fehr and Schmidt (1999). We de…ne a separating equilibrium that explains the coexistence of multiple payment schemes in …rms. We show that a tournament provides strong incentives to agents who only care about their own payo¤ but that it is not e¢(More)
We investigate whether risk, time, environmental, and social preferences affect single family homeowners' investments in energy efficient renovations and energy quality of their house using established experimental measures and questionnaires. We find that homeowners who report to be more risk taking are more likely to have renovated their house.(More)