Showing 1 - 10 of 23
We examine the temporal stability of risk preference measures obtained by different elicitation methods in a controlled laboratory experiment at two distinct times. Our results indicate remarkable temporal stability of risk measures at the aggregated level and temporal instability at the...
Persistent link: https://www.econbiz.de/10010899329
Using a field experiment in China, we study whether migration status is correlated with attitudes toward risk, ambiguity, and competitiveness. Our subjects include migrants and non-migrants. We find that, migrants exhibit no differences from non-migrants in risk and ambiguity preferences...
Persistent link: https://www.econbiz.de/10010899744
We study the influence of risk and time preferences on trust and trustworthiness by conducting a field experiment in Vietnamese villages and by estimating the parameters of the Cumulative Prospect Theory and of quasi-hyperbolic time preferences. We find that while probability sensitivity or risk...
Persistent link: https://www.econbiz.de/10010743093
In this paper we analyse the risk attitude of a group of heterogenous agents and we develop a theory of comparative collective risk tolerance. In particular, we characterize how shifts in the distribution of individual levels of risk tolerance affect the representative agent's degree of risk...
Persistent link: https://www.econbiz.de/10009360287
The purpose of this study is to assess the degree of employment discrimination against young people in the Ile-de-France region according to their place of residence by considering several spatial scales in order to measure the effect of the reputation of the administrative department or county...
Persistent link: https://www.econbiz.de/10010821278
We report in this paper the result of three experiments on risk, ambiguity and time attitude. The first two differed by …
Persistent link: https://www.econbiz.de/10010738616
In the model, a group of investors are invited to participate to a high-yield collective project. The project succeeds only if a minimum participation rate is reached. Before taking their decision, investors receive a vague statement about the outcome of a past investment decision. If investors...
Persistent link: https://www.econbiz.de/10010898452
This paper combines ISSP survey data and experimental evidence from a gift-exchange game to determine the effect of status or relative income on work effort. We find a strong effect of others' incomes on individual effort decisions in both datasets. The individual's rank in the income...
Persistent link: https://www.econbiz.de/10010930217
In a series of experiments conducted in Belgium (Wallonia and Flanders), France and the Netherlands, we compare …
Persistent link: https://www.econbiz.de/10010750992
Using a two-stage Game of Chicken, Cabon-Dhersin and Ramani (2007) examine the impact of population heterogeneity on cooperative behaviour. For that purpose, they introduce two different types of agents, namely those who always cooperate and those who strategically cooperate. The aim of the...
Persistent link: https://www.econbiz.de/10010751040