Essays in experimental economics

Hoffmann, Timo

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URL:	https://madoc.bib.uni-mannheim.de/41553
URN:	urn:nbn:de:bsz:180-madoc-415536
Dokumenttyp:	Dissertation
Erscheinungsjahr:	2016
Ort der Veröffentlichung:	Mannheim
Hochschule:	Universität Mannheim
Gutachter:	Engelmann, Dirk
Datum der mündl. Prüfung:	22 November 2016
Sprache der Veröffentlichung:	Englisch
Einrichtung:	Fakultät für Rechtswissenschaft und Volkswirtschaftslehre > VWL, Experimentelle Wirtschaftsforschung (Engelmann 2010-2014) Fakultät für Rechtswissenschaft und Volkswirtschaftslehre > Graduiertenkolleg VWL/BWL Außerfakultäre Einrichtungen > GESS - CDSE (VWL)
Fachgebiet:	330 Wirtschaft
Fachklassifikation:	JEL: C72, C91, D70, D81, D82, D83, J31,
Normierte Schlagwörter (SWD):	Verhaltensökonomie
Freie Schlagwörter (Englisch):	Experimental Economics , Beliefs , Rank-order Tournaments , Group Decision Rules , Two-stage voting
Abstract:	This dissertation consists of three independent chapters, which analyze different aspects of human behavior. All chapters share the feature that laboratory experiments are used to investigate and describe the behavior of agents. Chapter 1 focuses on a methodological issue of eliciting expectations of players about the likely behavior of their opponent(s) in experiments - the so called beliefs - and investigates the influence of this belief elicitation on observed behavior. Thereby this research touches on the process of belief formation. Chapter 2 analyzes the importance of worker sorting and its interplay with incentive effects for the profitability of rank-order tournaments. More precisely I consider two environments, with and without the possibility of worker sorting, to examine how worker sorting affects the profitability of a tournament for employers. Lastly, chapter 3, which is co-authored with Sander Renes, investigates the role of private information and available mechanisms on choosing group decision rules. This experiment tests several theoretical predictions made in the economic literature regarding the role of participation constrains for choosing efficient group decision rules.