Arno Riedl
Biographic Data
| ID | 3591423 |
|---|---|
| NAME | Arno Riedl |
| GIVEN NAMES | Arno |
| FAMILY NAME | Riedl |
| SIGNATURE | RIEDL A |
| AFFILIATIONS | Institut für Höhere Studien - Institute for Advanced Studies (IHS) |
| ORCID | 0000-0002-4612-6739 |
| VERIFIED | Yes |
| TOTAL WORKS | 10 |
| TOTAL CITATIONS | 18 |
| WORKS AS AUTHOR | 10 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1993 |
| LATEST PUBLICATION YEAR | 2024 |
| H-INDEX | 2 |
The Effect of Gender Discrimination on Labor Supply
We conduct experiments on an online platform to investigate the causal effect of gender discrimination on labor supply decisions. Controlling for the piece-rate wage, we find that workers who face explicit negative gender-discriminatory wage inequality supply substantially less labor compared with workers who face gender-neutral wage inequality. We also examine the effect of positive discrimination, differences between men and women, and the impa…
Sunk cost in investment decisions
We experimentally investigate the effect of sunk cost in a two-stage investment continuation task. After an initial investment, participants have to decide whether or not to continue the project with an additional investment. We do not find a standard sunk cost bias, but observe a robust reverse sunk cost effect: the larger the initial investment, the lower the likelihood to continue investing. This holds despite the fact that we replicate the st…
Still in Search of the Sunk Cost Bias
Resource Allocations and Disapproval Voting in Unequal Groups
Resources are often allocated in groups through decentralized nonmarket mechanisms. We experimentally investigate groups where a rich representative allocates resources among poorer members, who can announce disapproval by voting for a measure hurting the representative. We examine the effect of inequality aversion by keeping information on the allocation private in one and commonly known in another condition. Further, we investigate whether cast…
Behavioral and Experimental Economics Do Inform Public Policy
Experimental and behavioral economics are well-established branches of economic science. This essay presents and discusses some results and behavioral regularities from these fields, which are of potential and actual importance for public policy. After a brief introduction to what experimental and behavioral economics are, some important behavioral regularities - presentation and framing effects, prosocial behavior, and reciprocity - are introduc…
Public Goods Provision and Sanctioning in Privileged Groups
In public-good provision, privileged groups enjoy the advantage that some of their members find it optimal to supply a positive amount of the public good. However, the inherent asymmetric nature of these groups may make the enforcement of cooperative behavior through informal sanctioning harder to accomplish. In this article, the authors experimentally investigate public-good provision in normal and privileged groups with and without decentralize…
In Search of Stars
Does the Wage Tax System Cause Budget Deficits A Macro-Economic Experiment
Involuntary Unemployment and Non-Compensating Wage Differentials in an Experimental Labour Market
FLWNO
Does Fairness Prevent Market Clearing? An Experimental Investigation
This paper reports the results of an experiment that was designed to test the impact of fairness on market prices. Prices were determined in a one-sided oral auction, with buyers as price-makers. Upon acceptance of an offer, sellers determined the quality of the good. Buyers offered prices that were substantially above the market-clearing level and expected sellers to respond with high quality levels. This expectation was, on average, confirmed b…
Public Goods Provision and Sanctioning in Privileged Groups
In public-good provision, privileged groups enjoy the advantage that some of their members find it optimal to supply a positive amount of the public good. However, the inherent asymmetric nature of these groups may make the enforcement of cooperative behavior through informal sanctioning harder to accomplish. In this article, the authors experimentally investigate public-good provision in normal and privileged groups with and without decentralize…
Does the Wage Tax System Cause Budget Deficits A Macro-Economic Experiment
Resource Allocations and Disapproval Voting in Unequal Groups
Resources are often allocated in groups through decentralized nonmarket mechanisms. We experimentally investigate groups where a rich representative allocates resources among poorer members, who can announce disapproval by voting for a measure hurting the representative. We examine the effect of inequality aversion by keeping information on the allocation private in one and commonly known in another condition. Further, we investigate whether cast…
Involuntary Unemployment and Non-Compensating Wage Differentials in an Experimental Labour Market
FLWNO
The Effect of Gender Discrimination on Labor Supply
We conduct experiments on an online platform to investigate the causal effect of gender discrimination on labor supply decisions. Controlling for the piece-rate wage, we find that workers who face explicit negative gender-discriminatory wage inequality supply substantially less labor compared with workers who face gender-neutral wage inequality. We also examine the effect of positive discrimination, differences between men and women, and the impa…
Does Fairness Prevent Market Clearing? An Experimental Investigation
This paper reports the results of an experiment that was designed to test the impact of fairness on market prices. Prices were determined in a one-sided oral auction, with buyers as price-makers. Upon acceptance of an offer, sellers determined the quality of the good. Buyers offered prices that were substantially above the market-clearing level and expected sellers to respond with high quality levels. This expectation was, on average, confirmed b…
Involuntary Unemployment and Non-Compensating Wage Differentials in an Experimental Labour Market
FLWNO
Does the Wage Tax System Cause Budget Deficits A Macro-Economic Experiment
In Search of Stars
Public Goods Provision and Sanctioning in Privileged Groups
In public-good provision, privileged groups enjoy the advantage that some of their members find it optimal to supply a positive amount of the public good. However, the inherent asymmetric nature of these groups may make the enforcement of cooperative behavior through informal sanctioning harder to accomplish. In this article, the authors experimentally investigate public-good provision in normal and privileged groups with and without decentralize…
Behavioral and Experimental Economics Do Inform Public Policy
Experimental and behavioral economics are well-established branches of economic science. This essay presents and discusses some results and behavioral regularities from these fields, which are of potential and actual importance for public policy. After a brief introduction to what experimental and behavioral economics are, some important behavioral regularities - presentation and framing effects, prosocial behavior, and reciprocity - are introduc…
Resource Allocations and Disapproval Voting in Unequal Groups
Resources are often allocated in groups through decentralized nonmarket mechanisms. We experimentally investigate groups where a rich representative allocates resources among poorer members, who can announce disapproval by voting for a measure hurting the representative. We examine the effect of inequality aversion by keeping information on the allocation private in one and commonly known in another condition. Further, we investigate whether cast…
Still in Search of the Sunk Cost Bias
Sunk cost in investment decisions
We experimentally investigate the effect of sunk cost in a two-stage investment continuation task. After an initial investment, participants have to decide whether or not to continue the project with an additional investment. We do not find a standard sunk cost bias, but observe a robust reverse sunk cost effect: the larger the initial investment, the lower the likelihood to continue investing. This holds despite the fact that we replicate the st…
The Effect of Gender Discrimination on Labor Supply
We conduct experiments on an online platform to investigate the causal effect of gender discrimination on labor supply decisions. Controlling for the piece-rate wage, we find that workers who face explicit negative gender-discriminatory wage inequality supply substantially less labor compared with workers who face gender-neutral wage inequality. We also examine the effect of positive discrimination, differences between men and women, and the impa…
Economics (10 works) · Microeconomics (7 works) · Experimental Behavioral Economics Studies (6 works) · Computer Science (4 works) · Decision-Making and Behavioral Economics (3 works) · Labour economics (3 works) · Psychology (3 works) · Public economics (3 works) · Behavioral economics (2 works) · Business (2 works)