Showing 1 - 10 of 23
We examine in an experiment the causes, consequences and possible cures ofmyopic loss aversion (MLA) for investment … behaviour under risk. We find thatboth, investment horizons and feedback frequency contribute almost equally tothe effects of … MLA. Longer investment horizons and less frequent feedbacklead to higher investments. However, when given the choice …
Persistent link: https://www.econbiz.de/10005866463
with risk neutral tax payers predicts. We find evidence that this is rather due to individual moral constraints than due to … risk aversion. …
Persistent link: https://www.econbiz.de/10005866877
We study the influence of gender on economic decision making in a two-person bargaining game. By testing hypotheses derived from evolutionary psychology and social role theory, we find that (1) gender per se has no significant effect on behavior, whereas (2) gender pairing systematically affects...
Persistent link: https://www.econbiz.de/10005866879
In an overlapping generations-experiment with multiple families participants caneither support their parents directly …
Persistent link: https://www.econbiz.de/10005867009
making in teams. I find in an investment experiment that individual decisions withsalient group membership are largely the …
Persistent link: https://www.econbiz.de/10005866444
This paper studies the response times of experimental subjects playingthe Ultimatum game in a laboratory setting using monetary incentives.We find that proposals are not significantly correlated with responsetime, whereas responders’ behavior is positively and significantlycorrelated. Hence,...
Persistent link: https://www.econbiz.de/10005866540
We perform an experimenta linvestigation using a dictator game inwhich individuals must make a moral decision —to give or not to give anamount of money to poor people in the Third World. A questionnaire inwhich the subjects are asked about the reasons for their decision showsthat, at least in...
Persistent link: https://www.econbiz.de/10005866577
function is studied experimentally.The experiment allow us to study the main parametersof the model, suggesting that we should …
Persistent link: https://www.econbiz.de/10005866610
Even though decision-making in small teams is pervasive in business and in private life, littleis known about subjects’ preferences with respect to individual and team decision-making andabout the consequences of respecting these preferences. We report the results from anexperimental...
Persistent link: https://www.econbiz.de/10005866770
We present a model where compensation within a workteam is determinedendogenously by the use of a rank-order tournament. Team memberscompete in their efforts for the right to propose the distribution of a prizewithin the team. The implementation of a proposal requires the approvalof other team...
Persistent link: https://www.econbiz.de/10005866847