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Racial Differences in Inequality Aversion : Evidence from Real World Respondents in the Ultimatum Game

Griffin, John D. - 2011

The distinct historical and cultural experiences of American blacks and whites may influence whether members of those groups perceive a particular exchange as fair. We investigate racial differences in fairness standards using preferences for equal treatment in the ultimatum game, where...

Persistent link: https://www.econbiz.de/10012461560

What Makes a Price Fair? An Experimental Analysis of Transaction Experience and Endogenous Fairness Views

Herz, Holger - 2016

People's fairness preferences are an important constraint for what constitutes an acceptable economic transaction, yet little is known about how these preferences are formed. In this paper, we provide clean evidence that previous transactions play an important role in shaping perceptions of...

Persistent link: https://www.econbiz.de/10012455952

The Negative Consequences of Loss-Framed Performance Incentives

Pierce, Lamar - 2020

evidence of these concerns in a nationwide field experiment among 294 car dealers. Dealers randomized into loss-framed (but …

Persistent link: https://www.econbiz.de/10012479143

Dishonest Behavior : Sin Big or Go Home

Aimone, Jason A. - 2019

Economic agents face many different types of economic incentives when making financial and moral decisions. We provide experimental data from a population that uniquely responds to incentives to lie compared to previously studied populations. We conduct a standard 6-sided die rolling lying study...

Persistent link: https://www.econbiz.de/10012479697

Is Attention Produced Rationally?

Bronchetti, Erin T. - 2020

attentive and develop quantitative tests of rational inattention that we deploy in two experiments. The first is an experiment … and incentives to make plans to complete the modules. The second is an online survey-completion experiment (n=944), in … rationality, indicating that people underuse attention-increasing tools. In our second experiment, we estimate that individuals …

Persistent link: https://www.econbiz.de/10012481638

When Corporate Social Responsibility Backfires : Theory and Evidence from a Natural Field Experiment

List, John A. - 2017

's efficacy. This paper combines theory with a large-scale natural field experiment to connect CSR to an important but often …

Persistent link: https://www.econbiz.de/10012453544

Memory and Probability

Bordalo, Pedro; Conlon, John; Gennaioli, Nicola; Kwon, … - National Bureau of Economic Research - 2021

People often estimate probabilities, such as the likelihood that an insurable risk will materialize or that an Irish person has red hair, by retrieving experiences from memory. We present a model of this process based on two established regularities of selective recall: similarity and...

Persistent link: https://www.econbiz.de/10012629493

Observational Learning : Evidence from a Randomized Natural Field Experiment

Cai, Hongbin - 2007

' behavior and subjective well-being in the context of restaurant dining from a randomized natural field experiment. Our …

Persistent link: https://www.econbiz.de/10012465130

Naturally Occurring Markets and Exogenous Laboratory Experiments : A Case Study of the Winner's Curse

Harrison, Glenn W. - 2007

There has been a dramatic increase in the use of experimental methods in the past two decades. An oft-cited reason for this rise in popularity is that experimental methods provide the necessary control to estimate treatment effects in isolation of other confounding factors. We examine the...

Persistent link: https://www.econbiz.de/10012465582

Reference-Dependent Preferences : Evidence from Marathon Runners

Allen, Eric J. - 2014

Models of reference-dependent preferences propose that individuals evaluate outcomes as gains or losses relative to a neutral reference point. We test for reference dependence in a large dataset of marathon finishing times (n = 9,524,071). Models of reference-dependent preferences such as...

Persistent link: https://www.econbiz.de/10012458324

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