Narrow search
Showing 1 - 10 of 237
Cover Image
How Does Socio-Economic Status Shape a Child's Personality?
Deckers, Thomas; Falk, Armin; Kosse, Fabian; … - Institute for the Study of Labor (IZA) - 2015
We show that socio-economic status (SES) is a powerful predictor of many facets of a child's personality. The facets of personality we investigate encompass time preferences, risk preferences, and altruism, as well as crystallized and fluid IQ. We measure a family's SES by the mother's and...
Persistent link: https://www.econbiz.de/10011265283
Cover Image
Selection and Mode Effects in Risk Preference Elicitation Experiments
von Gaudecker, Hans-Martin; van Soest, Arthur; … - Institute for the Study of Labor (IZA) - 2008
We combine data from a risk preference elicitation experiment conducted on a representative sample via the Internet … with laboratory data on students for the same experiment to investigate effects of implementation mode and of subject pool … selection. We find that the frequency of errors in the lab experiment is drastically below that of the representative sample in …
Persistent link: https://www.econbiz.de/10005822394
Cover Image
Biased Probability Judgment: Evidence of Incidence and Relationship to Economic Outcomes from a Representative Sample
Dohmen, Thomas; Falk, Armin; Huffman, David; Marklein, Felix - Institute for the Study of Labor (IZA) - 2009
Many economic decisions involve a substantial amount of uncertainty, and therefore crucially depend on how individuals process probabilistic information. In this paper, we investigate the capability for probability judgment in a representative sample of the German population. Our results show...
Persistent link: https://www.econbiz.de/10004999933
Cover Image
Heterogeneity in Risky Choice Behaviour in a Broad Population
von Gaudecker, Hans-Martin; van Soest, Arthur; … - Institute for the Study of Labor (IZA) - 2009
We analyse risk preferences using an experiment with real incentives in a representative sample of 1,422 Dutch …
Persistent link: https://www.econbiz.de/10005070433
Cover Image
Eingeschränkt rationales Verhalten: Evidenz und wirtschaftspolitische Implikationen
Altmann, Steffen; Falk, Armin; Marklein, Felix - Institute for the Study of Labor (IZA) - 2009
Die Präzision ökonomischer Prognosen und die Qualität politischer Handlungsempfehlungen hängen in entscheidendem Ausmaß von der Qualität des zugrunde liegenden Verhaltensmodells ab. Nur ein empirisch gut fundiertes Modell ökonomischen Handelns erlaubt es, die Konsequenzen politischer...
Persistent link: https://www.econbiz.de/10008615417
Cover Image
Experts in Experiments: How Selection Matters for Estimated Distributions of Risk Preferences
von Gaudecker, Hans-Martin; van Soest, Arthur; … - Institute for the Study of Labor (IZA) - 2011
-induced selection") and self-selection of participants into the experiment. We find that both types of selection lead to a sample of …
Persistent link: https://www.econbiz.de/10008868136
Cover Image
The Roles of Incentives and Voluntary Cooperation for Contractual Compliance
Gächter, Simon; Kessler, Esther; Königstein, Manfred - Institute for the Study of Labor (IZA) - 2011
Efficiency under contractual incompleteness often requires voluntary cooperation in situations where self-regarding incentives for contractual compliance are present as well. Here we provide a comprehensive experimental analysis based on the gift-exchange game of how explicit and implicit...
Persistent link: https://www.econbiz.de/10009149162
Cover Image
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
Cover Image
Preferences for Redistribution and Pensions: What Can We Learn from Experiments?
Tausch, Franziska; Potters, Jan; Riedl, Arno - Institute for the Study of Labor (IZA) - 2010
Redistribution is an inevitable feature of collective pension schemes and economic experiments have revealed that most people have a preference for redistribution that is not merely inspired by self-interest. Interestingly, little is known on how these preferences interact with preferences for...
Persistent link: https://www.econbiz.de/10008548714
Cover Image
After the Tournament: Outcomes and Effort Provision
McGee, Andrew; McGee, Peter - Institute for the Study of Labor (IZA) - 2013
largely ignored the effects of competition on effort provision once the competition is finished. In a laboratory experiment …
Persistent link: https://www.econbiz.de/10010720074