David Bruner Ph.D.
There are 5 included publications by David Bruner Ph.D.:
Title | Date | Views | Brief Description |
Changing The Probability Versus Changing The Reward |
2009 |
1743 |
There are two means of changing the expected value of a risk: changing the probability of a reward or changing the reward. Theoretically, the former produces a greater change in expected utility for risk-averse agents. This paper uses two formats of ... |
Hand In The Cookie Jar: An Experimental Investigation Of Equity-Based Compensation And Managerial Fraud |
2008 |
827 |
The use of equity-based compensation is an increasingly popular means by which to align the incentives of top management with those of the shareholders. However, recent theoretical and empirical research indicates that the use of equity-based compens... |
Multiple Switching Behaviour In Multiple Price Lists |
2011 |
2557 |
A common mechanism to elicit risk preferences requires a respondent to
make a series of dichotomous choices. A recurring problem with this
mechanism is a frequently observed tendency to switch from the less to
the more risky choice multiple times,... |
Property Rights Out Of Anarchy? The Demsetz Hypothesis In A Game Of Conflict |
2012 |
1423 |
The Demsetz hypothesis states that secure claims to property arise when the value of creating those rights is sufficiently high. This paper examines the conditions under which this holds in an anarchy equilibrium in which players may allocate labor t... |
Strategic Experimentation In The Lab |
2015 |
691 |
This paper reports the results of experimental tests of the Nash equilibrium predictions in a one-armed bandit game with information spillover. Players learn the probability that a risky prospect pays by either taking draws from the distributio... |