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  1. Profitable horizontal mergers without cost advantages
    the role of internal organization, information, and market structure
    Autor*in: Huck, Steffen; Konrad, Kai A.; Müller, Wieland
    Erschienen: 2001
    Verlag:  Univ., Center for Economic Studies, Munich

    Merged firms are typically rather complex organizations. Accordingly, merger has a more profound effect on the structure of a market than simply reducing the number of competitors. We show that this may render horizontal mergers profitable and... mehr

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    Merged firms are typically rather complex organizations. Accordingly, merger has a more profound effect on the structure of a market than simply reducing the number of competitors. We show that this may render horizontal mergers profitable and welfare-improving even if costs are linear. The driving force behind these results, which help to reconcile theory with various empirical findings, is the assumption that information about output decisions flow more freely within a merged firm.

     
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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Druck
    Schriftenreihe: CESifo working papers ; 435
    Schlagworte: Fusion; Horizontale Integration; Dezentrale Organisation; Theorie der Unternehmung; Informationsökonomik; Wohlfahrtsanalyse; Theorie
    Umfang: 12 S, graph. Darst
    Bemerkung(en):

    Literaturverz. S. 10 - 11

    Internetausg.: ftp://129.187.96.124/CESifo_WP/435.pdf
  2. Can mass fundraising harm your core business?
    a field experiment on how fundraising affects ticket sales
    Autor*in: Adena, Maja; Huck, Steffen
    Erschienen: [2021]
    Verlag:  Wissenschaftszentrum Berlin für Sozialforschung gGmbH, Berlin, Germany

    Some companies engage in mass fundraising in addition to their core business. Via a corporate social responsibility (CSR) channel this may increase sales. However, ask avoidance, if present, could imply that fundraising activities may harm a... mehr

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    Some companies engage in mass fundraising in addition to their core business. Via a corporate social responsibility (CSR) channel this may increase sales. However, ask avoidance, if present, could imply that fundraising activities may harm a company's core business. We examine how asking for donations affects ticket sales of a publicly owned leading opera company. In two large scale randomized controlled trials with over 50,000 opera visitors, who are asked to donate for an opera-organized social youth project, we find that donations can crowd out ticket expenditure during a campaign. But for the longer run we observe a precisely estimated null effect.

     
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    Sprache: Englisch
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    Weitere Identifier:
    hdl: 10419/242285
    Auflage/Ausgabe: revised
    Schriftenreihe: Discussion paper / Wissenschaftszentrum Berlin für Sozialforschung, Research Area: Markets and Choice, Research Unit: Economics of Change ; SP II 2019, 304r (August 2021)
    Schlagworte: Charitable giving; field experiments; ask avoidance; corporate socialresponsibility
    Umfang: 1 Online-Ressource (circa 48 Seiten), Illustrationen
  3. How Trump triumphed: multi-candidate primaries with buffoons
    Autor*in: Castanheira, Micael; Huck, Steffen; Leutgeb, Johannes Josef; Schotter, Andrew
    Erschienen: 2020
    Verlag:  WZB, Wissenschaftszentrum Berlin für Sozialforschung, Berlin

    While people on all sides of the political spectrum were amazed that Donald Trump won the Republican nomination this paper demonstrates that Trump's victory was not a crazy event but rather the equilibrium outcome of a multi-candidate race where one... mehr

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    While people on all sides of the political spectrum were amazed that Donald Trump won the Republican nomination this paper demonstrates that Trump's victory was not a crazy event but rather the equilibrium outcome of a multi-candidate race where one candidate, the buffoon, is viewed as likely to self-destruct and hence unworthy of attack. We model such primaries as a truel (a three-way duel), solve for its equilibrium, and test its implications in the lab. We find that people recognize a buffoon when they see one and aim their attacks elsewhere with the unfortunate consequence that the buffoon has an enhanced probability of winning. This result is strongest amongst those subjects who demonstrate an ability to best respond suggesting that our results would only be stronger when this game is played by experts and for higher stakes.

     
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    Weitere Identifier:
    hdl: 10419/225532
    Schriftenreihe: Discussion paper / Wissenschaftszentrum Berlin für Sozialforschung, Research Area: Markets and Choice, Research Unit: Economics of Change ; SP II 2020, 307 (October 2020)
    Umfang: 1 Online-Ressource (circa 58 Seiten), Illustrationen
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    Datei wurde von der herausgebenden Institution entfernt
  4. Discrimination, narratives and family history: an experiment with Jordanian host and Syrian refugee children
    Autor*in: Barron, Kai; Harmgart, Heike; Huck, Steffen; Schneider, Sebastian O.; Sutter, Matthias
    Erschienen: [2020]
    Verlag:  ECONtribute, Köln

    We measure the prevalence of discrimination between Jordanian host and Syrian refugee children attending school in Jordan. Using a simple sharing experiment, we find only little discrimination. Among the Jordanian children, however, we see that those... mehr

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    We measure the prevalence of discrimination between Jordanian host and Syrian refugee children attending school in Jordan. Using a simple sharing experiment, we find only little discrimination. Among the Jordanian children, however, we see that those who descended from Palestinian refugees do not discriminate at all, suggesting that a family history of refugee status can generate solidarity with new refugees. We also find that parents’ narratives about the refugee crisis are correlated with the degree of discrimination, suggesting that discriminatory preferences are being transmitted through parental attitudes.

     
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    Weitere Identifier:
    hdl: 10419/222329
    Schriftenreihe: ECONtribute discussion paper ; no. 003 (June 2020)
    Umfang: 1 Online-Ressource (circa 26 Seiten), Illustrationen
  5. Discrimination, narratives and family history
    an experiment with Jordanian host and Syrian refugee children
    Autor*in: Barron, Kai; Harmgart, Heike; Huck, Steffen; Schneider, Sebastian O.; Sutter, Matthias
    Erschienen: June 2020
    Verlag:  European Bank for Reconstruction and Development, [London, United Kingdom]

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    Schriftenreihe: Working paper / European Bank for Reconstruction and Development ; no. 244
    Umfang: 1 Online-Ressource (circa 25 Seiten), Illustrationen
  6. How Trump triumphed: multi-candidate primaries with buffoons
    Autor*in: Castanheira, Micael; Huck, Steffen; Leutgeb, Johannes Josef
    Erschienen: October 2020
    Verlag:  ECARES, Brussels, Belgium

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 2013/ULB-DIPOT:oai:dipot.ulb.ac.be:2013/313296
    Schriftenreihe: ECARES working paper ; 2020, 45
    Umfang: 1 Online-Ressource (circa 56 Seiten), Illustrationen
  7. Games played through agents in the laboratory
    a test of Prat & Rustichini's model
    Autor*in: Ensthaler, Ludwig; Huck, Steffen; Leutgeb, Johannes Josef
    Erschienen: [2019]
    Verlag:  WZB, Wissenschaftszentrum Berlin für Sozialforschung, Berlin

    From the regulation of sports to lawmaking in parliament, in many situations one group of people ("agents") make decisions that affect the payoffs of others ("principals") who may offer action-contingent transfers in order to sway the agents'... mehr

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    From the regulation of sports to lawmaking in parliament, in many situations one group of people ("agents") make decisions that affect the payoffs of others ("principals") who may offer action-contingent transfers in order to sway the agents' decisions. Prat and Rustichini (2003) characterize pure-strategy equilibria of such Games Played Through Agents. Specifically, they predict the equilibrium outcome in pure strategies to be efficient. We test the theory in a series of experimental treatments with human principals and computerized agents. The theory predicts remarkably well which actions and outcomes are implemented but subjects' transfer offers deviate systematically from equilibrium. We show how quantal response equilibrium accounts for the deviations and test its predictions out of sample. Our results show that quantal response equilibrium is particularly well suited for explaining behavior in such games.

     
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    Weitere Identifier:
    hdl: 10419/204467
    Auflage/Ausgabe: 2nd revision September 2019
    Schriftenreihe: Discussion paper / Wissenschaftszentrum Berlin für Sozialforschung, Research Area: Markets and Choice, Research Unit: Economics of Change ; SP II 2016, 305r2 (April 2016 (2nd revision September 2019))
    Umfang: 1 Online-Ressource (circa 70 Seiten), Illustrationen
  8. Can mass fundraising harm your core business?
    a field experiment on how fundraising affects ticket sales
    Autor*in: Adena, Maja; Huck, Steffen
    Erschienen: [2019]
    Verlag:  WZB, Wissenschaftszentrum Berlin für Sozialforschung, Berlin, Germany

    Some companies engage in mass fundraising - where thousands of recipients are asked to make small donations - in addition to their core business. Via a corpo-rate social responsibility (CSR) channel this may increase sales. However, recent research... mehr

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    Some companies engage in mass fundraising - where thousands of recipients are asked to make small donations - in addition to their core business. Via a corpo-rate social responsibility (CSR) channel this may increase sales. However, recent research uncovered significant "ask avoidance" which, if present, could imply that fundraising activities may harm a company's core business. Here we examine how asking for donations affects ticket sales of a publically owned leading opera company. In two large-scale randomized controlled trials with a total of over 50,000 opera visitors, who are asked to donate for a social youth project, we find that donations can crowd out ticket expenditure during a campaign. But for the longer run we observe a precisely estimated null effect.

     
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    Sprache: Englisch
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    Weitere Identifier:
    hdl: 10419/204571
    Schriftenreihe: Discussion paper / Wissenschaftszentrum Berlin für Sozialforschung, Research Area: Markets and Choice, Research Unit: Economics of Change ; SP II 2019, 304 (August 2019)
    Umfang: 1 Online-Ressource (circa 43 Seiten), Illustrationen
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    Erscheint auch als Druck-Ausgabe

    Datei gelöscht auf Wunsch der Autoren
  9. Charitable giving by the poor
    a field experiment on matching and distance to charitable output in Kyrgyzstan
    Autor*in: Adena, Maja; Hakimov, Rustamdjan; Huck, Steffen
    Erschienen: [2019]
    Verlag:  WZB, Wissenschaftszentrum Berlin für Sozialforschung, Berlin, Germany

    Previous studies of charitable giving have focused on middle or higher income earners in Western countries, neglecting the poor. Despite this focus, the lowest income groups are often shown to contribute substantial shares of their income to... mehr

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    Previous studies of charitable giving have focused on middle or higher income earners in Western countries, neglecting the poor. Despite this focus, the lowest income groups are often shown to contribute substantial shares of their income to charitable causes. In a large-scale natural field experiment with over 180,000 cli-ents of a micro-lending company in Kyrgyzstan, we study charitable giving by a population that is much poorer relative to the typical donors that have been stud-ied so far. In a 2x2 design, we explore two main hypotheses about giving by the poor: (i) that they are more price sensitive and (ii) that they care about their prox-imity to the charitable project. We find evidence in favor of the former hypothesis but not of the latter.

     
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    hdl: 10419/204572
    Schriftenreihe: Discussion paper / Wissenschaftszentrum Berlin für Sozialforschung, Research Area: Markets and Choice, Research Unit: Economics of Change ; SP II 2019, 305 (August 2019)
    Umfang: 1 Online-Ressource (circa 56 Seiten), Illustrationen
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    Datei wurde von der herausgebenden Institution entfernt
  10. The standard portfolio choice problem in Germany
    Autor*in: Breunig, Christoph; Huck, Steffen; Schmidt, Tobias; Weizsäcker, Georg
    Erschienen: [2019]
    Verlag:  Collaborative Research Center Transregio 190, Munich, Germany

    We study an investment experiment with a representative sample of German households. Respondents invest in a safe asset and a risky asset whose return is tied to the German stock market. Experimental investments correlate with beliefs about stock... mehr

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    We study an investment experiment with a representative sample of German households. Respondents invest in a safe asset and a risky asset whose return is tied to the German stock market. Experimental investments correlate with beliefs about stock market returns and exhibit desirable external validity at least in one respect: they predict real-life stock market participation. But many households are unresponsive to an exogenous increase in the risky asset's return. The data analysis and a series of additional laboratory experiments suggest that task complexity decreases the responsiveness to incentives. Modifying the safe asset's return has a larger effect on behaviour than modifying the risky asset's return.

     
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    Weitere Identifier:
    hdl: 10419/208071
    Schriftenreihe: Discussion paper / Rationality & Competition, CRC TRR 190 ; no. 171 (July 30, 2019)
    Schlagworte: Anlageverhalten; Portfolio-Management; Risiko-Ertrags-Verhältnis; Wahrnehmung; Privater Haushalt; Deutschland
    Umfang: 1 Online-Ressource (circa 122 Seiten), Illustrationen
  11. A note on charitable giving by corporates and aristocrats
    evidence from a field experiment
    Autor*in: Bassi, Vittorio; Huck, Steffen; Rasul, Imran
    Erschienen: [2017]
    Verlag:  ZBW, [Kiel

    Multiple sources of funding are becoming increasingly important for charitable organizations. Donations from corporate donors for example account for 25–35% of charitable income for the largest US charities, across charitable sectors. This note... mehr

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    Multiple sources of funding are becoming increasingly important for charitable organizations. Donations from corporate donors for example account for 25–35% of charitable income for the largest US charities, across charitable sectors. This note presents some tentative first evidence from a natural field experiment to shed light on how different types of potential donors: individuals, corporates and aristocratically titled individuals, respond to the same fundraising drive. Each donor type was randomly assigned to treatments varying in two dimensions: (i) whether information was conveyed about the existence of an anonymous lead donor, and (ii) how individual donations would be matched by the anonymous lead donor. We find that aristocrats are significantly more likely to respond and that corporates give significantly more than individuals. Treatment effects moreover suggest that (proportional) matching is to be avoided for corporate donors.

     
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    Weitere Identifier:
    hdl: 10419/190841
    Übergeordneter Titel: Sonderdruck aus: Journal of Behavioral and Experimental Economic; Amsterdam : Elsevier; volume 66 (2017), pages 104-111
    Umfang: 1 Online-Ressource (circa 20 Seiten)
  12. Personalized fundraising
    a field experiment on threshold matching of donations
    Autor*in: Adena, Maja; Huck, Steffen
    Erschienen: [2019]
    Verlag:  WZB, Wissenschaftszentrum Berlin für Sozialforschung, Berlin

    While increasing the number of small donors, standard linear matching schemes have been shown to cause considerable crowding out in charitable giving with pronounced effects on large gifts. We propose a form of threshold matching where donations... mehr

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    While increasing the number of small donors, standard linear matching schemes have been shown to cause considerable crowding out in charitable giving with pronounced effects on large gifts. We propose a form of threshold matching where donations above a certain, potentially personalized, threshold are topped up with a fixed amount. We show theoretically that threshold matching can induce crowd-ing in if appropriately personalized. In a field experiment, we explore how thresholds should be chosen depending on past donations. We find that the opti-mal choice of thresholds is rather bold, approximately 60-75% above past dona-tions. Additionally, we explore how thresholds should be set for new donors as a function of their personal characteristics and demonstrate the benefits of person-alization as opposed to setting general thresholds applying to all recipients of a fundraising call.

     
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    hdl: 10419/204827
    Schriftenreihe: Discussion paper / Wissenschaftszentrum Berlin für Sozialforschung, Research Area: Markets and Choice, Research Unit: Economics of Change ; SP II 2019, 306 (October 2019)
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  13. Voluntary "donations" versus reward-oriented "contributions": two experiments on framing in funding mechanisms
    Autor*in: Adena, Maja; Huck, Steffen
    Erschienen: January 2022
    Verlag:  Wissenschaftszentrum Berlin für Sozialforschung gGmbH, Berlin, Germany

    In an artefactual field experiment, we implemented a crowdfunding campaign for an institute's summer party and compared donation and contribution framings. We found that the use of the word 'donation' generated higher revenue than the use of... mehr

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    In an artefactual field experiment, we implemented a crowdfunding campaign for an institute's summer party and compared donation and contribution framings. We found that the use of the word 'donation' generated higher revenue than the use of 'contribution'. While the individuals receiving the donation framing gave substantially larger amounts, those receiving the contribution framing responded more strongly to reward thresholds and suggestions. An additional survey experiment on MTurk indicated that the term 'donation' triggers more positive emotional responses and that emotions are highly correlated with giving. It appears that making a donation is perceived as a more voluntary act and is thus more successful at generating warm glow than making a contribution. We surmise that this extends to other funding mechanisms.

     
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    hdl: 10419/248859
    Auflage/Ausgabe: 2nd revision
    Schriftenreihe: Discussion paper / Research Area: Markets and Choice, Research Unit: Economics of Change ; SP II 2016, 308r2 (August 2016)
    Schlagworte: Crowdfunding; field experiment; framing
    Umfang: 1 Online-Ressource (circa 27 Seiten)
  14. Motivated political reasoning: the formation of belief-value constellations
    Autor*in: Barron, Kai; Becker, Anna; Huck, Steffen
    Erschienen: [2021]
    Verlag:  Wissenschaftszentrum Berlin für Sozialforschung gGmbH, Berlin, Germany

    We study the causal relationship between moral values ("ought" statements) and factual beliefs ("is" statements) and show that, contrary to predictions of orthodox Bayesian models, values exert an influence on beliefs. This effect is mediated by... mehr

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    We study the causal relationship between moral values ("ought" statements) and factual beliefs ("is" statements) and show that, contrary to predictions of orthodox Bayesian models, values exert an influence on beliefs. This effect is mediated by prior political leanings and, thus, contributes to increasing polarization in beliefs about facts. We study this process of motivated political reasoning in a preregistered online experiment with a nationally representative sample of 1,500 individuals in the US. Additionally, we show that subjects do not distort their beliefs in response to financial incentives to do so, suggesting that deep values exert a stronger motivational force.

     
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    hdl: 10419/248731
    Schriftenreihe: Discussion paper / Research Area: Markets and Choice, Research Unit: Economics of Change ; SP II 2021, 306 (December 2021)
    Schlagworte: Motivated Beliefs; Values; Polarization; Experiment
    Umfang: 1 Online-Ressource (circa 65 Seiten), Illustrationen
  15. SOEP-IS 2014 - financial investment module
    Autor*in: Huck, Steffen; Weizsäcker, Georg
    Erschienen: [2022]
    Verlag:  DIW Berlin, German Socio-Economic Panel (SOEP), Berlin, Germany

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    hdl: 10419/253405
    Schriftenreihe: Array ; 1094 (2022)
    Umfang: 1 Online-Ressource (circa 20 Seiten)
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    Enthält im Anhang einen Fragebogen in deutscher Sprache
  16. How does selling insurance as an add-on affect consumer decisions?
    a practical application of behavioural experiments in financial regulation
    Autor*in: Iscenko, Zanna; Duke, Charlotte; Huck, Steffen; Wallace, Brian
    Erschienen: March 2014
    Verlag:  Financial Conduct Authority, London

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    Schriftenreihe: Occasional paper / Financial Conduct Authority ; no. 3
    Umfang: 1 Online-Ressource (circa 60 Seiten), Illustrationen
  17. Voluntary "donations" versus reward-oriented "contributions"
    two experiments on framing in funding mechanisms
    Autor*in: Adena, Maja; Huck, Steffen
    Erschienen: [2022]
    Verlag:  Collaborative Research Center Transregio 190, [München]

    In an artefactual field experiment, we implemented a crowdfunding campaign for an institute's summer party and compared donation and contribution framings. We found that the use of the word 'donation' generated higher revenue than the use of... mehr

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    In an artefactual field experiment, we implemented a crowdfunding campaign for an institute's summer party and compared donation and contribution framings. We found that the use of the word 'donation' generated higher revenue than the use of 'contribution'. While the individuals receiving the donation framing gave substantially larger amounts, those receiving the contribution framing responded more strongly to reward thresholds and suggestions. An additional survey experiment on MTurk indicated that the term 'donation' triggers more positive emotional responses and that emotions are highly correlated with giving. It appears that making a donation is perceived as a more voluntary act and is thus more successful at generating warm glow than making a contribution. We surmise that this extends to other funding mechanisms.

     
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    Sprache: Englisch
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    Weitere Identifier:
    hdl: 10419/256793
    Auflage/Ausgabe: This version: 05 May 2022
    Schriftenreihe: Discussion paper / Rationality & Competition, CRC TRR 190 ; no. 326 (May 5, 2022)
    Schlagworte: Discrimination; Hiring Decisions; Gender; Beliefs; Experiment
    Umfang: 1 Online-Ressource (circa 50 Seiten), Illustrationen
  18. Personalized fundraising
    a field experiment on threshold matching of donations
    Autor*in: Adena, Maja; Huck, Steffen
    Erschienen: [2022]
    Verlag:  Collaborative Research Center Transregio 190, [München]

    We study a form of threshold matching in fundraising where donations above a certain threshold are topped up with a fixed amount. We show theoretically that threshold matching can induce crowding in if appropriately personalized. In a field... mehr

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    We study a form of threshold matching in fundraising where donations above a certain threshold are topped up with a fixed amount. We show theoretically that threshold matching can induce crowding in if appropriately personalized. In a field experiment, we explore how thresholds should be chosen depending on past donations. The optimal choice of thresholds is rather bold, approximately 75% above past donations. Additionally, we explore how thresholds should be set for new donors as a function of their personal characteristics and demonstrate the benefits of personalization as opposed to setting a general threshold that applies to all recipients of a fundraising call.

     
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    hdl: 10419/256795
    Schriftenreihe: Discussion paper / Rationality & Competition, CRC TRR 190 ; no. 328 (May 12, 2022)
    Schlagworte: Charitable giving; field experiments; matching donations; personalization
    Umfang: 1 Online-Ressource (circa 46 Seiten), Illustrationen
  19. Learning through period and physical time
    Autor*in: Backhaus, Teresa; Huck, Steffen; Leutgeb, Johannes Josef; Oprea, Ryan
    Erschienen: [2022]
    Verlag:  Wissenschaftszentrum Berlin für Sozialforschung gGmbH, Berlin, Germany

    We demonstrate in a laboratory experiment in which subjects play a two-player Cournot-Tullock game over hundreds of periods of varying length that full accounts of subjects' learning requires the consideration of, both, 'period time' and 'physical... mehr

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    We demonstrate in a laboratory experiment in which subjects play a two-player Cournot-Tullock game over hundreds of periods of varying length that full accounts of subjects' learning requires the consideration of, both, 'period time' and 'physical time.'

     
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    hdl: 10419/262271
    Schriftenreihe: Discussion paper / Research Area: Markets and Choice, Research Unit: Economics of Change ; SP II 2022, 302 (July 2022)
    Schlagworte: Cournot oligopoly; Laboratory experiment; Learning; Time
    Umfang: 1 Online-Ressource (circa 26 Seiten), Illustrationen
  20. Everyday econometricians: selection neglect and overoptimism when learning from others
    Autor*in: Barron, Kai; Huck, Steffen; Jehiel, Philippe
    Erschienen: [2022]
    Verlag:  Paris School of Economics, Paris

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    Schriftenreihe: Working paper / Paris School of Economics ; no 2022, 20
    Schlagworte: Bounded rationality; selection neglect; beliefs; overconfidence; survivorship bias
    Umfang: 1 Online-Ressource (circa 53 Seiten), Illustrationen
  21. How Trump triumphed
    multi-candidate primaries with buffoons
    Autor*in: Castanheira, Micael; Huck, Steffen; Leutgeb, Johannes Josef; Schotter, Andrew
    Erschienen: [2022]
    Verlag:  Wissenschaftszentrum Berlin für Sozialforschung gGmbH, Berlin, Germany

    While people on all sides of the political spectrum were amazed that Donald Trump won the Republican nomination this paper demonstrates that Trump's victory was not a crazy event but rather the equilibrium outcome of a multi-candidate race where one... mehr

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    While people on all sides of the political spectrum were amazed that Donald Trump won the Republican nomination this paper demonstrates that Trump's victory was not a crazy event but rather the equilibrium outcome of a multi-candidate race where one candidate, the buffoon, is viewed as likely to self-destruct and hence unworthy of attack. We model such primaries as a truel (a three-way duel), solve for its equilibrium, and test its implications in a laboratory experiment. We find that people recognize a buffoon when they see one and aim their attacks elsewhere with the unfortunate consequence that the buffoon has an enhanced probability of winning. This result is strongest amongst those subjects who demonstrate an ability to best respond suggesting that our results would only be stronger when the game is played by experts and for higher stakes.

     
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    hdl: 10419/264469
    Auflage/Ausgabe: revised September 2022
    Schriftenreihe: Discussion paper / Wissenschaftszentrum Berlin für Sozialforschung, Research Area: Markets and Choice, Research Unit: Economics of Change ; SP II 2020, 307r (October 2020)
    Schlagworte: truel; political primaries; Trump
    Umfang: 1 Online-Ressource (circa 59 Seiten), Illustrationen
  22. Voluntary "donations" versus reward-oriented "contributions": two experiments on framing in funding mechanisms
    Autor*in: Adena, Maja; Huck, Steffen
    Erschienen: [2020]
    Verlag:  WZB, Wissenschaftszentrum Berlin für Sozialforschung, Berlin

    In an artefactual field experiment we implement a crowdfunding campaign for a club good-an institute's summer party with free food, drinks, and music-and compare "donation" and "contribution" framings. We find that the "donation" frame generates... mehr

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    In an artefactual field experiment we implement a crowdfunding campaign for a club good-an institute's summer party with free food, drinks, and music-and compare "donation" and "contribution" framings. We find that the "donation" frame generates higher income than the "contribution" frame. While individuals in the "donation" frame give substantially larger amounts, the individuals in the "contribution" frame respond more strongly to reward thresholds and suggestions. An additional survey experiment on M-Turk indicates that the term "donation" triggers more positive emotional responses, and that emotions are highly correlated with giving. It appears that making a "donation" is perceived as a more voluntary act and is, thus, more successful at generating warm glow than making a "contribution". We conjecture that this extends to other funding mechanisms.

     
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    hdl: 10419/216840
    Auflage/Ausgabe: Revised April 2020
    Schriftenreihe: Discussion paper / Wissenschaftszentrum Berlin für Sozialforschung, Research Area: Markets and Choice, Research Unit: Economics of Change ; SP II 2016, 308r (August 2016)
    Umfang: 1 Online-Ressource (circa 39 Seiten), Illustrationen
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  23. Charitable giving by the poor
    a field experiment in Kyrgyzstan
    Autor*in: Adena, Maja; Hakimov, Rustamdjan; Huck, Steffen
    Erschienen: [2020]
    Verlag:  WZB, Wissenschaftszentrum Berlin für Sozialforschung, Berlin, Germany

    Previous studies of charitable giving have focused on middle- or high-income earners in Western countries, neglecting the poor, although the lowest income groups are often shown to contribute substantial shares of their income to charitable causes.... mehr

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    Previous studies of charitable giving have focused on middle- or high-income earners in Western countries, neglecting the poor, although the lowest income groups are often shown to contribute substantial shares of their income to charitable causes. In a large-scale natural field experiment with over 180,000 clients of a micro-lending company in Kyrgyzstan, we study charitable giving by a population that is much poorer than the typical donors studied so far. In a 2x2 design, we explore two main (pre-registered) hypotheses about giving by the poor: (i) that they are more price sensitive than the rich such that, in contrast to previous studies, matching incentives induce crowding in of out-of-pocket donations; (ii) that they care about their proximity to the charitable project. We find evidence in favor of the former but not the latter.

     
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    hdl: 10419/216905
    Auflage/Ausgabe: Revised May 2020
    Schriftenreihe: Discussion paper / Wissenschaftszentrum Berlin für Sozialforschung, Research Area: Markets and Choice, Research Unit: Economics of Change ; SP II 2019, 305r (August 2019)
    Umfang: 1 Online-Ressource (circa 59 Seiten), Illustrationen
  24. Merger and collusion in contests
    Autor*in: Huck, Steffen; Konrad, Kai A.; Müller, Wieland
    Erschienen: 2001
    Verlag:  WZB, Forschungsschwerpunkt Markt und Politische Ökonomie, Berlin

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    Schriftenreihe: Discussion papers / Wissenschaftszentrum Berlin für Sozialforschung, Forschungsschwerpunkt Markt und Politische Ökonomie ; 01-04
    Schlagworte: Fusion; Wettbewerbsbeschränkung; Monopolistischer Wettbewerb; Preisregulierung; Auktionstheorie; Theorie
    Umfang: 16 S
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    Literaturverz. S. 14 - 16

    Zsfassung in dt. Sprache
  25. Profitable horizontal mergers without cost advantages
    the role of internal organization, information, and market structure
    Autor*in: Huck, Steffen; Konrad, Kai A.; Müller, Wieland
    Erschienen: 2001
    Verlag:  WZB, Forschungsschwerpunkt Markt und Politische Ökonomie, Berlin

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    Schriftenreihe: Discussion papers / Wissenschaftszentrum Berlin für Sozialforschung, Forschungsschwerpunkt Markt und Politische Ökonomie ; 01-05
    Schlagworte: Fusion; Horizontale Integration; Dezentrale Organisation; Theorie der Unternehmung; Informationsökonomik; Wohlfahrtsanalyse; Theorie
    Umfang: 13 S, graph. Darst
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    Zsfassung in dt. Sprache