z-Tree: Zurich toolbox for ready-made economic experiments
TLDR
Z-Tree as mentioned in this paper is a toolbox for ready-made economic experiments, which allows programming almost any kind of experiments in a short time and is stable and easy to use.Abstract:
z-Tree (Zurich Toolbox for Ready-made Economic Experiments) is a software for developing and conducting economic experiments. The software is stable and allows programming almost any kind of experiments in a short time. In this article, I present the guiding principles behind the software design, its features, and its limitations.read more
Citations
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The Causal Effects of Competition on Innovation: Experimental Evidence
TL;DR: In this paper, the causal effects of competition on step-by-step innovation were investigated. And they found that increased competition leads to a significant increase in R&D investments by neck-and-neck firms.
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The appearance of homo rivalis: Social preferences and the nature of rent seeking
Benedikt Herrmann,Henrik Orzen +1 more
TL;DR: This article investigated the importance of spite in experimental rent-seeking contests and found that participants' investments are driven by spite, not fairness or reciprocity, and observed a striking disconnect between individuals' revealed social preferences in a contest game and in a standard prisoner's dilemma, rejecting the idea that there are consistent pro-social, selfish or anti-social “types.
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The Effect of Relative Performance Information on Performance and Effort Allocation in a Multi-Task Environment
TL;DR: In this paper, the authors investigate how relative performance information (RPI) affects employee performance and allocation of effort across tasks in a multi-task environment and find that RPI induces both motivation and effort distortion effects and that both effects are magnified when the RPI is public rather than private.
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Fight or Flight
Cary Deck,Roman M. Sheremeta +1 more
TL;DR: In this article, the authors examine theory and behavior in a two-player game of siege, sequential attack and defense, and show that the defender engages in the contest significantly more often than predicted and the aggregate expenditures by both parties exceed predicted levels.
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Limited Rationality and Strategic Interaction: The Impact of the Strategic Environment on Nominal Inertia
Ernst Fehr,Jean-Robert Tyran +1 more
TL;DR: In this paper, the authors examine the effect of money illusion and anchoring on the adjustment of nominal prices after an anticipated monetary shock and find that the adjustment difference is driven by price expectations, which are very flexible and forward-looking under substitutability but adaptive and sticky under complementarity.
References
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z-Tree - Zurich toolbox for readymade economic experiments: experimenter's manual
TL;DR: The z-tree toolbox for readymade economic experiments as discussed by the authors allows to program and conduct a wide range of experiments, including simultaneous and sequential games as well as market experiments and posted offer markets.
Journal ArticleDOI
A simple mechanism for the efficient provision of public goods - experimental evidence
TL;DR: In this paper, a series of experiments designed to investigate the factor of incentive mechanisms in the case of private provisions of public goods is presented. But the results showed that the proposed incentive mechanism is very promising.
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RatImage - research Assistance Toolbox for Computer-Aided Human Behavior Experiments
Klaus Abbink,Abdolkarim Sadrieh +1 more
TL;DR: RatImage contains Borland Turbo Pascal constans, variables, functions, and procedures which, when used, relieve programmers of many tedious and complex tasks, like graphical output, keyboard handling, mouse control, file access, and network communication.