Showing 1 - 8 of 8
The results of an asset market experiment, in which 64 subjects trade two assets oneight markets in a computerized …
Persistent link: https://www.econbiz.de/10005866816
a tax experiment. Compliance varied significantlyover time: it decreased immediately after an audit and increased …
Persistent link: https://www.econbiz.de/10005866915
We experimentally investigate whether individuals can reliably detect cooperators in an anonymous decision environment by allowing participants to condition their choices in an asymmetric prisoner's dilemma and a trust game (i) on their partner's donation share to a self-selected charity, and...
Persistent link: https://www.econbiz.de/10005867074
It is known from the literature on uncertainty that in cases where individuals express a preference for a high win-probability bet over a bet with high winnings they nevertheless will bid more to obtain the bet with high winnings. We investigate whether a similar phenomenon applies in the...
Persistent link: https://www.econbiz.de/10010928778
the different experimental risk elicitationmethods of certainty equivalents and binary lottery choices, and (iii) their … general phenomenon. Furthermore,our findings challenge the presumption of time-stable risk preferences and of … proceduralinvariance with respect to different experimental risk elicitation methods. …
Persistent link: https://www.econbiz.de/10005867042
Building on previous studies on perceptions of inequality, welfare and risk we investigate the structure of individuals …' rankings of uncertain prospects in terms of risk and their relationship to individual preferences. We examine three interlinked … propositions that are fundamental to the standard economic approach to risk: (i) that rankings by risk are simply the reverse of …
Persistent link: https://www.econbiz.de/10010744849
Orderings of income distribution in terms of inequality should be closely related to orderings in terms of risk. Using … a novel mult-country questgionnaire experiment we examine the basis for this claim in terms of respondents …' distributional perceptions. We show that in terms of both inequality and risk individuals consistently reject one of the standard …
Persistent link: https://www.econbiz.de/10010746203
We examine individuals’ distributional orderings in a number of contexts. This is done by using a questionnaire-experiment … flavours include inequality, risk, social welfare and justice. The issue of personal involvement in the distributional …
Persistent link: https://www.econbiz.de/10011071116