How could the experimental results be considered

Reference no: EM13530596

1. How could the experimental results be considered as supporting the IA model?

2. The IA model predicts that fair-minded agents will choose a lower level of effort with respect to purely selfish agents. Why could this happen?

3. Think about other possible forms of contract (excluding those presented in FKS (2004)) that might be used to motivate agents, given the existence of inequality aversion and reciprocity.

4. What do you think about the use of payment structures based on trust in laboratory experiments?

Consider, for instance, the case in which subjects are paid with different methods: a unique final payment depending on the performance of a subject in a certain (computational) task or an initial flat payment that does not (obviously) depend on the performance. How could subjects' performance be affected? Is this related to reciprocity or inequality aversion?

Reference no: EM13530596

Questions Cloud

The financial implications of raising the conflict : Provide an example of a company that has any kind of agency conflict. Describe the company, the situation in which they were used, and the financial implications of raising the conflict.

Explain microorganisms reduce carbonyl compounds : Microorganisms reduce carbonyl compounds to alochols stereoselectively. 5-chloro-2-pentanone is reduced to (S)-5-chloro-2-pentanol in this way. Distillation of this alcohol over sodium hydride gives a chiral cyclic ether.

Explain what was the concentration of albr3 : A 14 mL sample of a solution of AlBr3 was diluted with water to 56 mL. A 25 mL sample of the dilute solution was found to contain 2.31 M Br-. What was the concentration of AlBr3 in the original undiluted solution

Find how much work is done by the father : A father pushes horizontally on his daughter's sled to move it up a snowy incline, as illustrated in the figure, with h = 3.8 m and ? = 18°. how much work is done by the father in moving it from the bottom to the top of the hill

How could the experimental results be considered : How could the experimental results be considered as supporting the IA model - the IA model predicts that fair-minded agents will choose a lower level of effort with respect to purely selfish agents. Why could this happen?

Determine the kinetic energy of the particle : A particle of charge = +5.5 µC is released from rest at the point x = 55 cm on an x axis. What is the kinetic energy of the particle at the instant it has moved 40 cm if Q = +15 µC

What is the purpose of the pci data security standards : What is the purpose of the PCI data security standards?

How to convert 1-alkylcyclohexene to a 3-alkylcyclohexene : The following sequence of reactions is a good way to convert 1-alkylcyclohexene to a 3-alkylcyclohexene. Draw structural formulas showing stereochemistry for each step of the reaction sequence and show why it gives the desired product.

Capital budgeting : Capital Budgeting;

User Account

All Pages