Narrow search
Showing 1 - 10 of 301
Cover Image
A Structural Analysis of Disappointment Aversion in a Real Effort Competition
Prowse, Victoria; Gill, David - Department of Economics, Oxford University - 2009
We develop a novel computerized real effort task, based on moving sliders across a screen, to test experimentally whether agents are disappointment averse when they compete in a real effort sequential-move tournament.  Our theory predicts that a disappointment averse agent, who is loss averse...
Persistent link: https://www.econbiz.de/10004998381
Cover Image
The Right Choice at the Right Time: A Herding Experiment in Endogenous Time
Sgroi, Daniel - Department of Economics, Oxford University - 2000
This paper examines experimental evidence relating to herd behaviour in situations when subjects can learn from each other, and can delay their decision. Subjects acted rationally, gaining from observational learning, despite penalties for delay. Cascades were ubiquitous and reverse-cascades...
Persistent link: https://www.econbiz.de/10010605219
Cover Image
A Theory of the Islamic Revival
Carvalho, Jean-Paul - Department of Economics, Oxford University - 2009
There has been a dramatic surge in Islamic participation and values since the 1970s.  We propose a theory of the contemporary Islamic revival based upon two forms of relative deprivation - envy and unfulfilled aspirations.  To analyze these motivations, a behavioral model of religion is...
Persistent link: https://www.econbiz.de/10004970290
Cover Image
Locus of Control and Prosocial Behavior
Andor, Mark Andreas; Cox, James C.; Gerster, Andreas; … - National Bureau of Economic Research - 2022
We investigate how locus of control beliefs - the extent to which individuals attribute control over events in their … begin by developing a conceptual framework showing how locus of control beliefs serve as a weight placed on the returns from … in parliamentary elections, and to donate blood. Our results provide comprehensive evidence that locus of control beliefs …
Persistent link: https://www.econbiz.de/10013362013
Cover Image
Thar she bursts - Reducing confusion reduces bubbles
Kirchler, Michael; Huber, Juergen; Stoeckl, Thomas - Institut für Finanzwissenschaft, Fakultät für … - 2011
To explore why bubbles frequently emerge in the experimental asset market model of Smith, Suchanek and Williams (1988), we vary the fundamental value process (constant or declining) and the cash-to-asset value-ratio (constant or increasing). We observe high mispricing in treatments with a...
Persistent link: https://www.econbiz.de/10008862597
Cover Image
Gender Differences and Dynamics in Competition: The Role of Luck
Gill, David; Prowse, Victoria - Department of Economics, Oxford University - 2011
We present experimental evidence which sheds new light on why women may be less competitive than men.  Specifically, we observe striking differences in how men and women respond to good and bad luck in a competitive environment.  Following a loss, women tend to reduce effort, and the effect is...
Persistent link: https://www.econbiz.de/10009275436
Cover Image
Experimental games on networks: Underpinnings of behavior and equilibrium selection
Charness, Gary; Feri, Francesco; Meléndez-Jiménez, … - Institut für Finanzwissenschaft, Fakultät für … - 2014
In this paper, we describe a series of laboratory experiments that implement specific examples of a more general …
Persistent link: https://www.econbiz.de/10010761741
Cover Image
Resource scarcity, spite and cooperation
Prediger, Sebastian; Vollan, Bjoern; Herrmann, Benedikt - Institut für Finanzwissenschaft, Fakultät für … - 2013
cooperate and to engage in antisocial behaviour. The experiments were carried out with pastoralists from southern Namibia whose …
Persistent link: https://www.econbiz.de/10010659927
Cover Image
Revealed distributional preferences: Individuals vs. teams
Balafoutas, Loukas; Kerschbamer, Rudolf; Kocher, Martin; … - Institut für Finanzwissenschaft, Fakultät für … - 2013
We compare experimentally the revealed distributional preferences of individuals and teams in allocation tasks. We find that teams are significantly more benevolent than individuals in the domain of disadvantageous inequality while the benevolence in the domain of advantageous inequality is...
Persistent link: https://www.econbiz.de/10010839590
Cover Image
Discriminating between Models of Ambiguity Attitude: A Qualitative Test
Mukerji, Sujoy; Cubitt, Robin; Kuilen, Gijs van de - Department of Economics, Oxford University - 2014
The exchange between Epstein (2010) and Klibanoff et al. (2012) identified a behavioral issue that sharply distinguishes between two classes of models of ambiguity sensitivity, exemplified by the Î±-MEU model and the smooth ambiguity model, respectively. The issue in question is whether a...
Persistent link: https://www.econbiz.de/10011133039