Browsing by Author "Seki, Erika"

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Do Social Preferences Increase Productivity? Field experimental evidence from fishermen in Toyama Bay
(University of Aberdeen Business School, 2004-10) Seki, Erika; Carpenter, Jeffrey
We provide a reason for the wider economics profession to take social preferences, a concern for the outcomes achieved by other reference agents, seriously. Although we show that student measures of social preference elicited in an experiment have little external validity when compared to measures obtained from a field experiment with a population of participants who face a social dilemma in their daily lives (i.e., team production), we also find strong links between the social preferences of our field participants and their productivity at work.
Effects of rotation scheme on fishing behaviour with price discrimination and limited durability: Theory and evidence.
(University of Aberdeen Business School, 2004-10) Seki, Erika
This paper examines how rotation arrangement between two groups of fishers with different institutional arrangements affects fishing behaviour and economic outcomes in a particular economic environment characterised by price discrimination and product durability. In one group, fishers cooperate and maximise the extraction of rents, while members in the second group behave non-cooperatively. Applying a model of alternating duopoly, we show that the cooperating group behaves like a price discriminating monopolist and tends to uphold prices. When the two groups rotate fishing days the cooperating group tends to produce more, which prevents the non-cooperating group from unprofitable demand pre-emption.