Showing 1 - 10 of 50
. We argue that reported subjective well-being is a satisfactory empirical approximation to individual utility and that …
Persistent link: https://www.econbiz.de/10005765884
natural experiment to estimate that the children from these (smaller) cohorts are 40 percent more likely to commit crimes. We …
Persistent link: https://www.econbiz.de/10010877799
This paper exploits a large dataset of replications of the Holt and Laury (2002) risk elicitation task to study a possible outcome reporting bias using gender differences in risk attitudes. There is a strong consensus view in the experimental literature according to which women are more prudent...
Persistent link: https://www.econbiz.de/10010711138
account for empirically observed violations of expected utility-based theories. Almost all relevant applied models presume a …
Persistent link: https://www.econbiz.de/10011205383
Recent field evidence suggests a positive link between overconfidence and innovative activities. In this paper we argue that the connection between overconfidence and innovation is more complex than the previous literature suggests. In particular, we show theoretically and experimentally that...
Persistent link: https://www.econbiz.de/10010877694
We study the stability of voluntary cooperation in response to varying rates at which a group grows. Using a laboratory public-good game with voluntary contributions and economies of scale, we construct a situation in which expanding a group’s size yields potential efficiency gains, but only...
Persistent link: https://www.econbiz.de/10010877699
choices have uncertain outcomes. We report the results of a first experiment investigating just allocations of resources when …
Persistent link: https://www.econbiz.de/10010877816
This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for money or to save mice. We compare a Baseline treatment where subjects are fully pivotal to a Diffused-Pivotality treatment where subjects simultaneously choose in groups of...
Persistent link: https://www.econbiz.de/10010877864
subjectively-colored, recollection of the initial ultimatum game experiment, its motivation and the immediate responses. Second, we …
Persistent link: https://www.econbiz.de/10010877980
We test experimentally an explanation of over and under confidence as motivated by (perhaps unconscious) strategic concerns, and find compelling evidence supporting this hypothesis in the behavior of participants who send and respond to others’ statements of confidence about how well they have...
Persistent link: https://www.econbiz.de/10010877986