Showing 1 - 10 of 140
Employing a variant of GARP, we study consistency in aging by comparing the choices of younger adults (YA) and older adults (OA) in a 'simple', two-good and a `complex' three-good condition. We find that OA perform worse than YA in the complex condition but similar in the simple condition....
Persistent link: https://www.econbiz.de/10011186610
experiment affects risk taking. We find some evidence of imitation of the risk taking behavior of others that is distinct from …
Persistent link: https://www.econbiz.de/10011084146
Using a controlled experiment, we examine the role of nurture in explaining the stylized fact that women shy away from …
Persistent link: https://www.econbiz.de/10005082535
A central insight of agency theory is that when a principal offers a contract to a privately informed agent, the … report about an experiment with 508 participants designed to test whether this fundamental trade-off is actually relevant. In … particular, we investigate settings with both exogenous and endogenous information structures. We find that theory is indeed a …
Persistent link: https://www.econbiz.de/10005789080
candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …
Persistent link: https://www.econbiz.de/10005791668
maximization problem of the firm. As a result, monitoring and pay should be complements. In our experiment, between and within …
Persistent link: https://www.econbiz.de/10005791680
%). They occur in both directions, with more over-sampling (39%) than under-sampling (8%). The main difference with the theory … theory, with adversaries sampling more when their own cost is low and when the other adversary's cost is high. Finally, there … is little evidence of learning over the 40 matches of the experiment. …
Persistent link: https://www.econbiz.de/10008528540
-based questionnaire before the experiment and participants’ preferences for resolution timing, risk, and time were incentive compatibly … measured during the experiment. Main findings are that delayed resolution can affect investment, that the effect depends on the …
Persistent link: https://www.econbiz.de/10005124205
in an experiment where actions are strategic substitutes. The game theoretic basis for our experiment is the model of …
Persistent link: https://www.econbiz.de/10005136539
direction, we have conducted a laboratory experiment with 490 participants. We consider "cooperative" investments that directly … benefit the non-investing party. While according to standard theory, contracting would be useless if renegotiation cannot be …
Persistent link: https://www.econbiz.de/10005067500