Research in Experimental Economics最新文献

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Laboratory Experiments of Land Assembly Without Eminent Domain 无征地征地的实验室实验
Research in Experimental Economics Pub Date : 2022-02-28 DOI: 10.1108/s0193-230620220000021004
M. Desantis, M. McCarter, Abel M. Winn
{"title":"Laboratory Experiments of Land Assembly Without Eminent Domain","authors":"M. Desantis, M. McCarter, Abel M. Winn","doi":"10.1108/s0193-230620220000021004","DOIUrl":"https://doi.org/10.1108/s0193-230620220000021004","url":null,"abstract":"We use laboratory experiments to test two self-assessment tax mechanisms for facilitating land assembly. One mechanism is incentive compatible with a complex tax function, while the other uses a flat tax rate to mitigate implementation concerns. Sellers publicly declare a price for their land. Overstating its true value is penalized by using the declared price to assess a property tax; understating its value is penalized by allowing developers to buy the property at the declared price. We find that both mechanisms increase the rate of land assembly and gains from trade relative to a control in which sellers’ price declarations have no effect on their taxes. However, these effects are statistically insignificant or transitory. The assembly rates in our selfassessment treatments are markedly higher than those of prior experimental studies in which the buyer faces bargaining frictions, such as costly delay or capital constraints. 1 Authors listed alphabetically. The current research was supported by the Mercatus Center, a private donation by Douglas and Marion Lee, and the University of Texas at San Antonio Office of the Vice President for Research.","PeriodicalId":330367,"journal":{"name":"Research in Experimental Economics","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134106425","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Not as I Do: Hypocrisy Aversion and Optimal Punishment of Common Offenses 不像我做的:伪善、厌恶和常见犯罪的最佳惩罚
Research in Experimental Economics Pub Date : 2022-02-28 DOI: 10.1108/s0193-230620220000021007
Gregory J. DeAngelo, M. Makowsky, Bryan C. McCannon
{"title":"Not as I Do: Hypocrisy Aversion and Optimal Punishment of Common Offenses","authors":"Gregory J. DeAngelo, M. Makowsky, Bryan C. McCannon","doi":"10.1108/s0193-230620220000021007","DOIUrl":"https://doi.org/10.1108/s0193-230620220000021007","url":null,"abstract":"","PeriodicalId":330367,"journal":{"name":"Research in Experimental Economics","volume":"49 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123166845","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Multi-Offer Litigation: An Empirical Analysis of Alternative Mechanisms 多要约诉讼:替代机制的实证分析
Research in Experimental Economics Pub Date : 2022-02-28 DOI: 10.1108/s0193-230620220000021006
Alexandros Vasios Sivvopoulos, Mark van Boening
{"title":"Multi-Offer Litigation: An Empirical Analysis of Alternative Mechanisms","authors":"Alexandros Vasios Sivvopoulos, Mark van Boening","doi":"10.1108/s0193-230620220000021006","DOIUrl":"https://doi.org/10.1108/s0193-230620220000021006","url":null,"abstract":"This experiment analyzes multi-offer versions of the single-offer signaling and screening litigation games, as well as a bilateral multi-offer game. A plaintiff has either a low or a high claim on an uninformed defendant, and the two negotiate in an attempt to reach a pre-trial settlement. Trial is costly, and settlement generates surplus over which the two parties can bargain. In previous experiments, excess disputes occur even though offers contain surplus not predicted under the theory, and fairness appears to be important in explaining deviations from theory. This experiment examines whether renegotiation in the form of successive sequential offers can yield efficiency gains. There are four main findings. One, under the multi-offer structure the excess dispute rate is 23 percentage points lower in the screening game and the high-offer dispute rate is 31 percentage points lower in signaling game. The bilateral game yields an additional 15 percentage point reduction in the high-offer dispute rate, but excess disputes persist. Two, players take advantage of the multi-offer opportunity and make around 3 to 4 offers per negotiation. Three, across games the surplus in a fair offer remains constant at about onesixth of the surplus, but the benchmark from which this is measured varies according to which player has the power to make the offer. Fourth, dynamic behavior in the multi-offer games play an important but complex role in observed outcomes. Multi-offer mechanisms may be alternatives to costly information transmission like disclosure or discovery.","PeriodicalId":330367,"journal":{"name":"Research in Experimental Economics","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116449475","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Land-Assembly Experiments: A Survey 土地组合实验:综述
Research in Experimental Economics Pub Date : 2022-02-28 DOI: 10.1108/s0193-230620220000021002
Javier E. Portillo
{"title":"Land-Assembly Experiments: A Survey","authors":"Javier E. Portillo","doi":"10.1108/s0193-230620220000021002","DOIUrl":"https://doi.org/10.1108/s0193-230620220000021002","url":null,"abstract":"","PeriodicalId":330367,"journal":{"name":"Research in Experimental Economics","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125561779","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Prelims 预备考试
Research in Experimental Economics Pub Date : 2018-11-23 DOI: 10.1108/s0193-230620180000020012
{"title":"Prelims","authors":"","doi":"10.1108/s0193-230620180000020012","DOIUrl":"https://doi.org/10.1108/s0193-230620180000020012","url":null,"abstract":"","PeriodicalId":330367,"journal":{"name":"Research in Experimental Economics","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128549423","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Cultural Values and Behavior in Dictator, Ultimatum, and Trust Games: An Experimental Study 独裁者、最后通牒和信任游戏中的文化价值和行为:一项实验研究
Research in Experimental Economics Pub Date : 2018-11-23 DOI: 10.1108/S0193-230620180000020005
Sun-Ki Chai, Dolgorsuren Dorj, Katerina Sherstyuk
{"title":"Cultural Values and Behavior in Dictator, Ultimatum, and Trust Games: An Experimental Study","authors":"Sun-Ki Chai, Dolgorsuren Dorj, Katerina Sherstyuk","doi":"10.1108/S0193-230620180000020005","DOIUrl":"https://doi.org/10.1108/S0193-230620180000020005","url":null,"abstract":"We explain laboratory behavior in the dictator, ultimatum and trust games based on two cultural dimensions adopted from social and cultural anthropology: grid and group, which translate into reciprocity and altruism, respectively, in such games. Altruism and reciprocity characteristics are measured for each individual using selected items from the World Values Survey. We find that altruism and reciprocity attributes systematically affect behavior. Subjects with higher altruism scores offer more, accept lower offers and return more. Subjects with higher reciprocity scores are more willing to punish violators of norms by rejecting offers more often, dividing fewer dollars and returning fewer dollars in the ultimatum and trust games.","PeriodicalId":330367,"journal":{"name":"Research in Experimental Economics","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123377277","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Culture as a Configuration of Values: An Archetypal Perspective 文化作为一种价值配置:一个原型视角
Research in Experimental Economics Pub Date : 2018-11-23 DOI: 10.1108/S0193-230620180000020004
D. Midgley, S. Venaik, D. Christopoulos
{"title":"Culture as a Configuration of Values: An Archetypal Perspective","authors":"D. Midgley, S. Venaik, D. Christopoulos","doi":"10.1108/S0193-230620180000020004","DOIUrl":"https://doi.org/10.1108/S0193-230620180000020004","url":null,"abstract":"The aim of this chapter is to: (1) model culture as a configuration of multiple values, (2) identify different culture archetypes across the globe, and (3) empirically demonstrate heterogeneity in culture archetypes within and across 52 countries. We use Schwartz values from the World Values Survey (WVS) and the archetypal analysis (AA) method to identify diverse culture archetypes within and across countries. We find significant heterogeneity in culture values archetypes within countries and homogeneity across countries, calling into question the assumption of uniform national culture values in economics and other fields. We show how the heterogeneity in culture values across the globe can be represented with a small number of distinctive archetypes. The study could be extended to include a larger set of countries, and/or cover a broader range of theoretically grounded values than those available in the Schwartz values model in the WVS. Research and practice often assume cultural homogeneity within nations and cultural diversity across nations. Our finding of different culture archetypes within countries and similar archetypes across countries demonstrates the important role of culture sharing and exchange as a source of reducing cultural conflicts between nations and enhancing creativity and innovation through interaction and integration in novel ways. We examine culture as a configuration of multiple values, and use a novel AA method to capture heterogeneity in culture values within and across countries.","PeriodicalId":330367,"journal":{"name":"Research in Experimental Economics","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127769775","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Index 指数
Research in Experimental Economics Pub Date : 2018-11-23 DOI: 10.1108/s0193-230620180000020011
{"title":"Index","authors":"","doi":"10.1108/s0193-230620180000020011","DOIUrl":"https://doi.org/10.1108/s0193-230620180000020011","url":null,"abstract":"","PeriodicalId":330367,"journal":{"name":"Research in Experimental Economics","volume":"125 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127407373","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Group Identity in Intermediated Interactions: Lessons from a Trust Game with Delegation in South Africa 中介互动中的群体认同:来自南非代表团信任博弈的经验教训
Research in Experimental Economics Pub Date : 2018-11-23 DOI: 10.1108/S0193-230620180000020008
Hanjo Hamann, N. Nicholls
{"title":"Group Identity in Intermediated Interactions: Lessons from a Trust Game with Delegation in South Africa","authors":"Hanjo Hamann, N. Nicholls","doi":"10.1108/S0193-230620180000020008","DOIUrl":"https://doi.org/10.1108/S0193-230620180000020008","url":null,"abstract":"We investigate the role of group identity in delegated decision-making. Our framework considers the impact of group identity (based on racial segregation in post-Apartheid South Africa) on decisions to appoint a representative in a trust game with delegated decision-making, where information on the race group of other players is either common or private knowledge. We test our framework experimentally on a sample of young South Africans who had never been exposed to experimental economics research. By exogenously matching parties according to their race group, we observe their endogenous trust and delegation behavior. Our results suggest that white players try to use information about group identity to increase profits, albeit unsuccessfully. This may help to explain distrust and coordination failures observed in real-life interactions.","PeriodicalId":330367,"journal":{"name":"Research in Experimental Economics","volume":"73 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124610033","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Why Use Qualitative Methods to Study Culture in Economic Life? 为什么要用定性方法研究经济生活中的文化?
Research in Experimental Economics Pub Date : 2018-11-23 DOI: 10.1108/S0193-230620180000020002
V. Storr, Arielle John
{"title":"Why Use Qualitative Methods to Study Culture in Economic Life?","authors":"V. Storr, Arielle John","doi":"10.1108/S0193-230620180000020002","DOIUrl":"https://doi.org/10.1108/S0193-230620180000020002","url":null,"abstract":"Abstract \u0000How should economists incorporate culture into their economic analysis? What empirical approaches to identifying, measuring, and analyzing the relationship between culture and economic action are most appropriate for economists? In particular, what can experimental economists learn from the methods of economic anthropologists, sociologists, and historians who study culture? We argue that while both quantitative and qualitative approaches can reveal interesting relationships between culture and economic actions/outcomes, especially in experimental research designs, qualitative methods help economists better understand people’s economic choices and the economic outcomes that emerge from those choices. This is because qualitative studies conceptualize culture as a pattern of meaning, take the relevant cultural data to be people’s thoughts and feelings, treat the market as a cultural phenomenon, and allow for novel explanations.","PeriodicalId":330367,"journal":{"name":"Research in Experimental Economics","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125539333","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
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