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; cognitive ability ; experiment; noise … population for our experiment. By presenting subjects with choice tasks that vary the bias induced by random choices, we are able … allowing for heterogeneity of noise yields no significant relation between risk aversion and cognitive ability. Our results …
Persistent link: https://www.econbiz.de/10009737693
population for our experiment. By presenting subjects with choice tasks that vary the bias induced by random choices, we are able … allowing for heterogeneity of noise yields no significant relation between risk aversion and cognitive ability. Our results …
Persistent link: https://www.econbiz.de/10013208638
decision noise leads to bias in most elicitation tasks, there is a risk of falsely interpreting noise-driven relationships as … an economic experiment with subjects from all walks of life, that using structural estimation that models heterogeneity … of noise in combination with a balanced design allows us to mitigate the bias problem. Our estimations show that …
Persistent link: https://www.econbiz.de/10012615426
population for our experiment. By presenting subjects with choice tasks that vary the bias induced by random choices, we are able … allowing for heterogeneity of noise yields no significant relation between risk aversion and cognitive ability. Our results …
Persistent link: https://www.econbiz.de/10010320403
decision noise leads to bias in most elicitation tasks, there is a risk of falsely interpreting noise-driven relationships as … an economic experiment with subjects from all walks of life, that using structural estimation that models heterogeneity … of noise in combination with a balanced design allows us to mitigate the bias problem. Our estimations show that …
Persistent link: https://www.econbiz.de/10012292419
population for our experiment. By presenting subjects with choice tasks that vary the bias induced by random choices, we are able … allowing for heterogeneity of noise yields no significant relation between risk aversion and cognitive ability. Our results …
Persistent link: https://www.econbiz.de/10010722846
population for our experiment. By presenting subjects with choice tasks that vary the bias induced by random choices, we are able … allowing for heterogeneity of noise yields no significant relation between risk aversion and cognitive ability. Our results …
Persistent link: https://www.econbiz.de/10010734775
population for our experiment. By presenting subjects with choice tasks that vary the bias induced by random choices, we are able … allowing for heterogeneity of noise yields no significant relation between risk aversion and cognitive ability. Our results …
Persistent link: https://www.econbiz.de/10013083213
for our experiment. By presenting subjects with choice tasks that vary the bias induced by random choices, we are able to … for heterogeneity of noise yields no significant relation between risk aversion and cognitive ability.Our results suggest …
Persistent link: https://www.econbiz.de/10013073663
It has been shown that subjects tend to follow others' behavior even when the external signals are uninformative. In this paper we go one step further, showing that conformism occurs even when the choices of others are not even presented to the subjects, but just indirectly perceived. We use the...
Persistent link: https://www.econbiz.de/10010517141