NEP: New Economics Papers Experimental Economics

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NEP: New Economics Papers
Experimental Economics

Edited by:	Daniel Houser
	George Mason University
Issue date:	2013-06-30
Papers:	15

Note: Access to full contents may be restricted.
NEP is sponsored by the School of Economics and Finance of Victoria University of Wellington.
To subscribe/unsubscribe follow this link http://lists.repec.org/mailman/options/nep-exp
In this issue we have:

• Self-selection into Economics Experiments is Driven by Monetary RewardsJohannes Abeler; Daniele Nosenzo
  
• The Price of Warm GlowLilley, Andrew; Slonim, Robert
  
• Gender Differences in Responsiveness to a Homo Economicus Prime in the Gift-Exchange GameVanessa Mertins; Susanne Warning
  
• Cooperation under Democracy and Authoritarian NormsBjörn Vollan; Yexin Zhou; Andreas Landmann; Biliang Hu; Carsten Herrmann-Pillath
  
• Leading-effect vs. Risk-taking in Dynamic Tournaments: Evidence from a Real-life Randomized ExperimentMueller-Langer, Frank; Andreoli-Versbach, Patrick
  
• Co-managing common pool resources: Do formal rules have to be adapted to traditional ecological norms?Björn Vollan; Sebastian Prediger; Markus Frölich
  
• Human capital investment by the poor: Informing policy with laboratory experimentsEckel, Catherine; Johnson, Cathleen; Montmarquette, Claude
  
• Organizations, Diffused Pivotality and Immoral OutcomesFalk, Armin; Szech, Nora
  
• Playing with the social network: Social cohesion in resettled and non-resettled communities in CambodiaSimone Gobien; Björn Vollan
  
• High discount rates: - An artifact caused by poorly framed experiments or a result of people being poor and vulnerable?Holden, Stein
  
• Fair Wages Survive Multiple Sources of Income InequalityKarina Gose
  
• Win Some Lose Some? Evidence from a Randomized Microcredit Program Placement Experiment by Compartamos BancoAngelucci, Manuela; Karlan, Dean; Zinman, Jonathan
  
• Robustness of the encouragement design in a two-treatment randomized control trialLuc Behaghel; Bruno  Crépon; Marc Gurgand
  
• Eliciting Beliefs: Proper Scoring Rules, Incentives, Stakes and Hedging.Armantier, Olivier; Treich, Nicolas
  
• Who to pay for performance? The choice of organisational level for hospital performance incentivesKristensen, Soren Rud; Bech, Mickael; Lauridsen, Jørgen T
  
  

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关键词：Experimental experiment Economics Economic econom contents follow

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Human capital investment by the poor: Informing policy with laboratory experiments
Date:        2012-10
By:        Eckel, Catherine
Johnson, Cathleen
Montmarquette, Claude
URL:        http://d.repec.org/n?u=RePEc:pra:mprapa:47782&r=exp
The purpose of the study is to better understand human capital investment decisions of the working poor, and to collect information that can be used to design a policy to induce the poor to invest in human capital. We use laboratory experimental methodology to elicit the preferences and observe the choices of the target population of a proposed government policy. We recruited 256 subjects in Montreal, Canada; 72 percent had income below 120 percent of the Canadian poverty level. The combination of survey measures and actual decisions allows us to better understand individual heterogeneity in responses to different subsidy levels. In particular, participants chose between various cash alternatives and educational subsidies, for themselves and for a family member, allowing for the construction of two measures of willingness to invest in education. Two behavioral characteristics, patience and attitude towards risk, are key to understanding the determinants of educational investment for the low-income individuals in this experiment. The decision to save for a family member’s education is somewhat different from that of investing in one’s own education. Patient participants were more likely to save for a family member’s education, but in contrast to investing in one’s own education, a subject’s attitude towards risk played no role.
Keywords:        Intertemporal choice, field experiments, risk attitudes, working poor.
JEL:        C93
Organizations, Diffused Pivotality and Immoral Outcomes
Date:        2013-06
By:        Falk, Armin (University of Bonn)
Szech, Nora (University of Bamberg)
URL:        http://d.repec.org/n?u=RePEc:iza:izadps:dp7442&r=exp
This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for money or to save mice. We compare a Baseline treatment where subjects are fully pivotal to a Diffused-Pivotality treatment where subjects simultaneously choose in groups of eight. In the latter condition eight mice are killed if at least one subject opts for killing. The fraction of subjects deciding to kill is higher when pivotality is diffused. The likelihood of killing is monotone in subjective perceptions of pivotality. On an aggregate level many more mice are killed in Diffused-Pivotality than Baseline.
Keywords:        morality, pivotality, experiment, organization, responsibility
JEL:        C91