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demonstrate that the inconsistency between theory and reality is driven by a fundamental failure in consumer inferences when …
Persistent link: https://www.econbiz.de/10011262923
prove to be valuable tools in forecasting, decision-making and risk management -- in both the public and private sectors …
Persistent link: https://www.econbiz.de/10005034916
The paper studies a voting scheme where members of a committee voting sequentially on a known series of binary proposals are each granted a single extra bonus vote to cast as desired - a streamlined version of Storable Votes. When the order of the agenda is exogenous, a simple sufficient...
Persistent link: https://www.econbiz.de/10005777626
certain variables is limited. In contrast, natural field experiments bypass the participation decision altogether and allow …
Persistent link: https://www.econbiz.de/10011133521
toward competition, altruism and the closely related issue of cooperation, and risk preferences. While gender differences in …. Surprisingly, the results are also quite mixed when concerning gender differences in risk attitudes. I discuss the external …
Persistent link: https://www.econbiz.de/10011105921
Acts of dishonesty permeate life. Understanding their origins, and what mechanisms help to attenuate such acts is an underexplored area of research. This study takes an economics approach to explore the propensity of individuals to act dishonestly across different economic environments. We begin...
Persistent link: https://www.econbiz.de/10011159898
policies are now more easily verified, and stakeholders can swiftly add empirical evidence to aid their decision-making. This … study provides an overview of experimental methods in economics, with a special focus on developing an economic theory of …
Persistent link: https://www.econbiz.de/10011188539
We introduce a simple, easy to implement instrument for jointly eliciting risk and ambiguity attitudes. Using this … significantly overstated when risk neutrality is assumed. This highlights the interplay between risk and ambiguity attitudes as well …
Persistent link: https://www.econbiz.de/10011189100
know (when we observe near-complete redistribution). Subjects who are themselves risk-seeking over losses drive the effect …
Persistent link: https://www.econbiz.de/10011196766
policies are now more easily verified, and stakeholders can swiftly add empirical evidence to aid their decision-making. This … study provides an overview of experimental methods in economics, with a special focus on developing an economic theory of …
Persistent link: https://www.econbiz.de/10010821685