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Who Performs Better under Time Pressure? Results from a Field Experiment
De Paola, Maria; Gioia, Francesca - Institute for the Study of Labor (IZA) - 2014
We investigate whether and how time pressure affects performance. We conducted a field experiment in which students from an Italian University are proposed to choose between two exam schemes: a standard scheme without time pressure and an alternative scheme consisting of two written intermediate...
Persistent link: https://www.econbiz.de/10011105079
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Does Relative Grading Help Male Students? Evidence from a Field Experiment in the Classroom
Czibor, Eszter; Onderstal, Sander; Sloof, Randolph; … - Institute for the Study of Labor (IZA) - 2014
The provision of non-pecuniary incentives in education is a topic that has received much scholarly attention lately. Our paper contributes to this discussion by investigating the effectiveness of grade incentives in increasing student performance. We perform a direct comparison of the two most...
Persistent link: https://www.econbiz.de/10010959681
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Which Measures of Time Preference Best Predict Outcomes? Evidence from a Large-Scale Field Experiment
Burks, Stephen V.; Carpenter, Jeffrey P.; Götte, Lorenz; … - Institute for the Study of Labor (IZA) - 2011
Economists and psychologists have devised numerous instruments to measure time preferences and have generated a rich literature examining the extent to which time preferences predict important outcomes; however, we still do not know which measures work best. With the help of a large sample of...
Persistent link: https://www.econbiz.de/10009144847
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Overconfidence is a Social Signaling Bias
Burks, Stephen V.; Carpenter, Jeffrey P.; Goette, Lorenz; … - Institute for the Study of Labor (IZA) - 2010
relatively. We test three different theories about observed relative overconfidence. The first theory notes that simple … asymmetry produces overconfidence (Kőszegi, 2006; Weinberg, 2006). We test an important specific prediction of these models … might make this belief worse. Our data also reject this prediction. The third theory is that overconfidence is induced by …
Persistent link: https://www.econbiz.de/10008529123
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Cognitive Skills Explain Economic Preferences, Strategic Behavior, and Job Attachment
Burks, Stephen V.; Carpenter, Jeffrey P.; Goette, Lorenz; … - Institute for the Study of Labor (IZA) - 2008
Economic analysis has said little about how an individual’s cognitive skills (CS's) are related to the individual’s preferences in different choice domains, such as risk-taking or saving, and how preferences in different domains are related to each other. Using a sample of 1,000 trainee...
Persistent link: https://www.econbiz.de/10005761801
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Using Behavioral Economic Experiments at a Large Motor Carrier: The Context and Design of the Truckers and Turnover Project
Burks, Stephen V.; Carpenter, Jeffrey; Götte, Lorenz; … - Institute for the Study of Labor (IZA) - 2007
The Truckers and Turnover Project is a statistical case study of a single firm and its employees which matches proprietary personnel and operational data to new data collected by the researchers to create a two-year panel study of a large subset of new hires. The project’s most distinctive...
Persistent link: https://www.econbiz.de/10005703760
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Tuition Fees as a Commitment Device
Ketel, Nadine; Linde, Jona; Oosterbeek, Hessel; van der … - Institute for the Study of Labor (IZA) - 2014
This paper reports on a field experiment testing for sunk-cost effects in an education setting. Students signing up for extra-curricular tutorial sessions randomly received a discount on the tuition fee. The sunk-cost effect predicts that students who receive larger discounts will attend fewer...
Persistent link: https://www.econbiz.de/10010884077
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Preferences and Biases in Educational Choices and Labor Market Expectations: Shrinking the Black Box of Gender
Reuben, Ernesto; Wiswall, Matthew; Zafar, Basit - Institute for the Study of Labor (IZA) - 2013
labor market trajectories. Using an experiment to derive students' levels of overconfidence, and preferences for … and overconfidence, but not risk aversion, is systematically related with expectations about future earnings: individuals … in overconfidence and competitiveness explain about 18% of the gender gap in earnings expectations. These experimental …
Persistent link: https://www.econbiz.de/10010959644
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Behavioral Foundations of Microcredit: Experimental and Survey Evidence from Rural India
Bauer, Michal; Chytilová, Julie; Morduch, Jonathan - Institute for the Study of Labor (IZA) - 2010
Microcredit is an innovative financial tool designed to reduce poverty and fix credit market imperfections. We use experimental measures of time discounting and risk aversion for villagers in south India to highlight behavioral features of microcredit. Conditional on borrowing from any source,...
Persistent link: https://www.econbiz.de/10008560756
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Risk, Uncertainty and Entrepreneurship: Evidence from a Lab-in-the-Field Experiment
Koudstaal, Martin; Sloof, Randolph; Praag, Mirjam C. van - Institute for the Study of Labor (IZA) - 2014
Theory predicts that entrepreneurs have distinct attitudes towards risk and uncertainty, but empirical evidence is mixed. To better understand the unique behavioral characteristics of entrepreneurs and the causes of these mixed results, we perform a large 'lab-in-the-field' experiment comparing...
Persistent link: https://www.econbiz.de/10010959844