Showing 1 - 10 of 180
the lab - here the amount sent in a trust game (Berg, Dickaut, McCabe, 1995). As it turns out, the measures themselves are … correlations with a Big Five personality measure and is correlated with actual risk-taking behaviour. The results suggest that the …. Moreover, with respect to behaviour in the trust game, we find a high re-test stability of transfers (p = .70). This further …
Persistent link: https://www.econbiz.de/10010747220
Why are better educated and more risk-friendly persons more mobile across regions? To answer this question, we use micro data on internal migrants from the German Socio-Economic Panel (SOEP) 2000–2006 and merge this information with a unique proxy for region-pair-specific cultural distances...
Persistent link: https://www.econbiz.de/10010877921
Using unique panel data, we compare cognitive performance and wagering behavior of children (10-11 years) with adults playing in the Swedish version of the TV-shows Jeopardy and Junior Jeopardy. Although facing the same well-known high-stakes game, and controlling for performance differences,...
Persistent link: https://www.econbiz.de/10010736749
panel, we investigate to what extent personality traits, human capital, and the employment history influence the start …
Persistent link: https://www.econbiz.de/10010775095
To investigate the relation between trust and formal institutions, we analyze bilateral trade patterns in a sample of … 16 European countries between 1996-2009. Trust in trading partners has a significant positive effect on bilateral trade …. However, our results suggest that trust and formal institutions are substitutes, as the positive effect of trust on trade is …
Persistent link: https://www.econbiz.de/10009294097
Institutions are important for proper economic performance, but are replaceable by trust or other social norms. We show … that when proper institutions and trust are missing, integrity of the individuals can replace them. We construct a model of …) trust, or (3) integrity, foster economic growth. We construct data of economic performance of social groups in Lebanon …
Persistent link: https://www.econbiz.de/10005013043
localized and well-respected administration increased citizens’ trust in local public services. In several Eastern European … Habsburg affiliation increases current trust and reduces corruption in courts and police. Falsification tests of spuriously … moved borders, geographic and pre-existing differences, and interpersonal trust corroborate a genuine Habsburg effect. …
Persistent link: https://www.econbiz.de/10008872213
We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to eighteen years, in an incentivized experiment and relate experimental choices to field behavior. Experimental measures of impatience are found to be significant predictors of...
Persistent link: https://www.econbiz.de/10009364730
Does adverse selection hamper the effectiveness of voluntary risk sharing? How do differences in risk profiles affect adverse selection? We experimentally investigate individuals’ willingness to share risks with others. Across treatments we vary how risk profiles differ between individuals. We...
Persistent link: https://www.econbiz.de/10010639422
There are many reasons to suspect that benefit-cost analysis applied to environmental policies will result in policy decisions that will reject those environmental policies. The important question, of course, is whether those rejections are based on proper science. The present paper explores...
Persistent link: https://www.econbiz.de/10008511597