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consistent with established behavioral concepts, they cannot easily be explained by existing theories. The experiment appears to …
Persistent link: https://www.econbiz.de/10012464146
-policy initiatives. The results from one such experiment are presented that suggest the economic concept of inferior goods may be …
Persistent link: https://www.econbiz.de/10012472361
Economic agents face many different types of economic incentives when making financial and moral decisions. We provide experimental data from a population that uniquely responds to incentives to lie compared to previously studied populations. We conduct a standard 6-sided die rolling lying study...
Persistent link: https://www.econbiz.de/10012479697
We examine evidence from two unique discrete choice experiments (DCE) on long term care insurance and several of its relevant attributes, and more specifically, choices made by 15,298 individuals in the United States with and without insurance. We study the valuation of the following insurance...
Persistent link: https://www.econbiz.de/10012480064
Recent large-scale randomized experiments find that helping people form implementation intentions by asking when and where they plan to act increases one-time actions, such as vaccinations, preventative screenings and voting. We investigate the effect of a simple scalable planning intervention...
Persistent link: https://www.econbiz.de/10012480612
observe in a laboratory experiment …
Persistent link: https://www.econbiz.de/10012480631
competitive firm. We implement our recovery method in a purpose-built experiment. We quantitatively assess the trade-off between …
Persistent link: https://www.econbiz.de/10012480875
versus equal outcomes). In a laboratory experiment, the most common behavioral pattern is for subjects to select the ex ante …
Persistent link: https://www.econbiz.de/10012480908
A wealth of evidence shows that individuals are biased and firms can often exploit consumers' behavioral biases in their contract designs. In this paper, we study how vulnerable biased individuals are to their own behavioral biases in market equilibrium, and focus on the role of risk aversion...
Persistent link: https://www.econbiz.de/10012482340
changes in the behavior of experiment participants. We study this question using eight popular games in experimental economics …
Persistent link: https://www.econbiz.de/10012482442