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Belief Elicitation in Experiments: Is there a Hedging Problem?

Blanco, Mariana; Engelmann, Dirk; Koch, Alexander K.; … - Institute for the Study of Labor (IZA) - 2008

stated beliefs against adverse outcomes of other decisions in the experiment. This raises two questions: (i) can we trust the … existing belief elicitation results, (ii) can we avoid potential hedging confounds? Our results instill confidence regarding … both issues. We propose an experimental design that eliminates hedging opportunities, and use this to test for the …

Persistent link: https://www.econbiz.de/10005761772

Educational Homogamy: Preferences or Opportunities?

Nielsen, Helena Skyt; Svarer, Michael - Institute for the Study of Labor (IZA) - 2006

Individuals match on length and type of education. We investigate whether the systematic relationship between educations of partners is explained by opportunities (e.g. low search frictions) or preferences (e.g. complementarities in household production or portfolio optimization). We find that...

Persistent link: https://www.econbiz.de/10005703755

The Power of (No) Recognition: Experimental Evidence from the University Classroom

Hoogveld, Nicky; Zubanov, Nikolay - Institute for the Study of Labor (IZA) - 2014

We study the effect of recognition on performance with a field experiment involving first-year undergraduate students …

Persistent link: https://www.econbiz.de/10010884116

Are Teams Less Inequality Averse than Individuals?

He, Haoran; Villeval, Marie Claire - Institute for the Study of Labor (IZA) - 2014

We compare inequality aversion in individuals and teams by means of both within- and between-subject experimental designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality aversion than individual initial proposals in team...

Persistent link: https://www.econbiz.de/10010884177

Social Preferences and Lying Aversion in Children

Maggian, Valeria; Villeval, Marie Claire - Institute for the Study of Labor (IZA) - 2013

While previous research has shown that social preferences develop in childhood, we study whether this development is accompanied by reduced use of deception when lies would harm others, and increased use of deception to benefit others. In a sample of children aged between 7 and 14, we find...

Persistent link: https://www.econbiz.de/10010884178

The Individual and Joint Performance of Economic Preferences, Personality, and Self-Control in Predicting Criminal Behavior

Friehe, Tim; Schildberg-Hörisch, Hannah - Institute for the Study of Labor (IZA) - 2014

We explore the individual and joint explanatory power of concepts from economics, psychology, and criminology for criminal behavior. More precisely, we consider risk and time preferences, personality traits from psychology (Big Five and locus of control), and a self-control scale from...

Persistent link: https://www.econbiz.de/10010884182

Aging and Attitudes Towards Strategic Uncertainty and Competition: An Artefactual Field Experiment in a Swiss Bank

Madies, Thierry; Villeval, Marie Claire; Wasmer, Malgorzata - Institute for the Study of Labor (IZA) - 2012

We study the attitudes of junior and senior employees towards strategic uncertainty and competition, by means of a market entry game inspired by Camerer and Lovallo (1999). Seniors exhibit higher entry rates compared to juniors, especially when earnings depend on relative performance. This...

Persistent link: https://www.econbiz.de/10010884197

Positional Concerns among the Poor: Does Reference Group Matter? Evidence from Survey Experiments

Akay, Alpaslan; Andersson, Lisa; Martinsson, Peter; … - Institute for the Study of Labor (IZA) - 2014

a survey experiment in urban Ethiopia that is modified to include multiplicity of reference groups. We estimate …

Persistent link: https://www.econbiz.de/10010884230

Social Comparisons in Wage Delegation: Experimental Evidence

Charness, Gary; Cobo-Reyes, Ramón; Lacomba, Juan A.; … - Institute for the Study of Labor (IZA) - 2013

This article examines whether social comparisons have behavioral effects on workers' performance when a firm can choose workers' wages or let them choose their own. Firms can delegate the wage decision to neither, one or both workers in the firm. We vary the information workers receive, finding...

Persistent link: https://www.econbiz.de/10010884248

Crime and Self-Control Revisited: Disentangling the Effect of Self-Control on Risk and Social Preferences

Friehe, Tim; Schildberg-Hörisch, Hannah - Institute for the Study of Labor (IZA) - 2014

In economic models, risk and social preferences are major determinants of criminal behavior. In criminology, low self-control is considered a fundamental cause of crime. Relating the arguments from both disciplines, this paper studies the relationship between self-control and both risk and...

Persistent link: https://www.econbiz.de/10010884260

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