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Heterogeneous Productivity in Voluntary Public Good Provision: An Experimental Analysis
Fellner, Gerlinde; Iida, Yoshio; Kröger, Sabine; Seki, … - Institute for the Study of Labor (IZA) - 2011
vary. The experiment implements two marginal return types, low and high, and uses the information that members have about …
Persistent link: https://www.econbiz.de/10008868135
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Satisficing in Financial Decision MakingA Theoretical and Experimental Attempt to ExploreBounded Rationality
Fellner, Gerlinde; Güth, Werner; Maciejovsky, Boris - Max-Planck-Institut für Ökonomik <Jena> - Abteilung … - 2006
classify investors as actual or only potential satisficers, as well asrisk shy or more open to risk. In the experiment …
Persistent link: https://www.econbiz.de/10005866829
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Causes, consequences, and cures of myopic loss aversion -An experimental investigation
Fellner, Gerlinde; Sutter, Matthias - Max-Planck-Institut für Ökonomik <Jena> - Abteilung … - 2005
Myopic loss aversion (MLA) has been established as one prominentexplanation for the equity premium puzzle. In this paper we address two issuesrelated to the effects of MLA on risky investment decisions. First, we assess therelative impact of feedback frequency and investment flexibility (via...
Persistent link: https://www.econbiz.de/10005866865