Showing 1 - 10 of 39
report on the results of a controlled experiment with real objects at stake. Worry was measured with the Worry Domains …
Persistent link: https://www.econbiz.de/10009621419
In this experimental study of tax evasion and its determinants participants earn their income in a complex stochastic intertemporal environment including the possibility to invest into a risky asset. The earned income has to be declared in four tax returns which are randomly verified. If tax...
Persistent link: https://www.econbiz.de/10009583891
When people decide about saving and consumption across the various periods of their life time they take into account their life expectancy when comparing present and future needs and resources for satisfying them. The experimental design, applied at two sites (Humboldt-University at Berlin and...
Persistent link: https://www.econbiz.de/10009578010
experiment where respondents have to detect corner solutions, that is, they should allocate to the venture either the maximum or … with systematic deviations that are consistent with well-known decision anomalies. Risk propensity is found to have an … have their decision partially driven by their risk propensity. Implications of our findings for entrepreneurs and …
Persistent link: https://www.econbiz.de/10009621420
Electronic Commerce environments increasingly witness a conflict on the subject of e-privacy: While marketers want to maximize their customer knowledge and grasp the identity of their online users, consumers often want to stay anonymous and not reveal private information. The conflict suggests...
Persistent link: https://www.econbiz.de/10009615417
the subjects for the three lotteries, we test how time and risk preferences are interrelated. Since the time interval …Experimental studies of risk and time-preference typically focus on one of the two phenomena. The goal of this paper is … to investigate the (possible) correlation between subjects' attitude to risk and their time-preference. For this sake we …
Persistent link: https://www.econbiz.de/10009581107
The experimental situation presents a complex stochastic intertemporal allocation problem. First, two initial chance moves select one of three possible termination probabilities which then determines whether "life" lasts 3,4,5, or 6 periods. Compared to Anderhub et al. (1997) participants are...
Persistent link: https://www.econbiz.de/10009582396
-contests compares the bid function in both countries, some features of the bidding behavior (learning of risk neutral equilibrium …
Persistent link: https://www.econbiz.de/10009583890
On May 11, 2001, readers of the Berliner Zeitung were invited to participate in an ultimatum bargaining experiment … bargaining ; newspaper (or internet) experiment ; distribution conflicts …
Persistent link: https://www.econbiz.de/10009614299
We introduce the notion of a convex measure of risk, an extension of the concept of a coherent risk measure defined in … the underlying space of scenarios. As a case study, we consider convex measures of risk defined in terms of a robust not … ion of bounded shortfall risk. In the context of a financial market model, it turns out that the representation theorem is …
Persistent link: https://www.econbiz.de/10009615426