Showing 1 - 10 of 300
In this paper individual overconfidence within the context of an experimental asset market is investigated. Overall, 72 participants traded one risky asset on six markets of 12 participants each. The results indicate that individuals were not generally overconfident. Moreover, overconfidence was...
Persistent link: https://www.econbiz.de/10009614297
Choice between different versions of a game may provide a means of sorting, allowing players with different preferences to self-select into groups of similar types. We experimentally investigate whether auctioning off the right to play a prisoner’s dilemma game in which the cost of unilateral...
Persistent link: https://www.econbiz.de/10009612572
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
design an experiment to study whether such commodity transfers can be viewed as investments based on trust and reciprocity …, or whether they rather resemble presents with distributional intentions. Our experiment essentially modifies Berg et al …
Persistent link: https://www.econbiz.de/10009578011
For the Euro 2000 Soccer Championships an experimental asset market was condueted, with traders buying and selling contracts on the winners of individual matches. Market-generated probabilities are compared to professional bet quotas, and factors that are responsible for the quality of the...
Persistent link: https://www.econbiz.de/10009621415
Allocation Strategy ; Entrepreneurship ; Questionnaire Experiment … analytical model based on maximizing expected utility, and derive an optimal time allocation strategy for decreasing, constant … experiment where respondents have to detect corner solutions, that is, they should allocate to the venture either the maximum or …
Persistent link: https://www.econbiz.de/10009621420
On the basis of a real high stakes insurance experiment with small probabilities of losses, we demonstrate that concern … coverage, a result we are able to replicate. In our experiment, belonging to either the group of "threshold persons" or to …
Persistent link: https://www.econbiz.de/10009621421
by the collective rule is essential for the degree of support by the participants. -- cooperation ; experiment ; public …
Persistent link: https://www.econbiz.de/10009627290
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
In this paper we present an experiment on the false consensus effect. Unlike previous experiments, we provide monetary …
Persistent link: https://www.econbiz.de/10009581106