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It has been shown that subjects tend to follow others' behavior even when the external signals are uninformative. In this paper we go one step further, showing that conformism occurs even when the choices of others are not even presented to the subjects, but just indirectly perceived. We use the...
Persistent link: https://www.econbiz.de/10011274368
understanding. Thoroughly surveying the experimental literature we first find that gender differences are less ubiquitous than … power of the test and show that the magnitude of gender differences, although significant, is economically unimportant. We … conclude that gender differences systematically correlate with the features of the elicitation method used and in particular …
Persistent link: https://www.econbiz.de/10010775114
prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …
Persistent link: https://www.econbiz.de/10008527318
This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. In a first … preferences, gender and personality. We also elicit self-reported measures of work effort, stress and exhaustion. Our main … into tournaments. Sixth, variable pay schemes attract men more than women, a difference that is partly explained by gender …
Persistent link: https://www.econbiz.de/10005703774
to investigate the ex ante sorting effect of tournaments. This paper reports results from an experiment analyzing whether …
Persistent link: https://www.econbiz.de/10005763542
experiment that analyzes the influence of other-regarding preferences on sorting and incentives. Experimental evidence shows that …
Persistent link: https://www.econbiz.de/10005763609
-scale experiment. Choices react significantly to the stakes and to the size of the choice set. Our experiment rationalizes the gender …
Persistent link: https://www.econbiz.de/10010773918
In a laboratory experiment, we show that subjects incorporate irrelevant group information into their evaluations of … equally well as individuals from better performing groups. Our experiment leaves room neither for statistical nor taste …
Persistent link: https://www.econbiz.de/10009395436
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
Evidence of Illusion of Control – the fact that people believe to have control over pure chance events – is a recurrent finding in experimental psychology. Results in economics find instead little to no support. In this paper we test whether this dissonant result across disciplines is due to...
Persistent link: https://www.econbiz.de/10011274366