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Know Thyself: Incompetence and Overconfidence

Ferraro, Paul J. - The Field Experiments Website - 2005

relationship between competence and self-awareness explains a great deal of the overconfidence observed among economic agents. More … specifically, overconfidence is inversely proportional to competence. Through a series of experiments and analyses of field data …, the link between incompetence and overconfidence is confirmed and its implications for economic theory are explored. …

Persistent link: https://www.econbiz.de/10005685504

Anonymity in Giving in a Natural Context-A Field Experiment in Thirty Churches

Soetevent, Adriaan R. - The Field Experiments Website - 2005

The role of anonymity in giving is examined in a field experiment performed in thirty Dutch churches. For a period of 29 weeks, the means by which offerings are gathered is determined by chance, prescribing for each offering the use of either 'closed' collection bags or open collection baskets....

Persistent link: https://www.econbiz.de/10005785122

Using Hicksian Surplus Measures to Examine Consistency of Individual Preferences: Evidence from a Field Experiment

List, John A. - The Field Experiments Website - 2006

This paper pits neoclassical theory against prospect theory by investigating several clean tests of the competing hypotheses. Consistent with previous work, the field experimental data suggest that prospect theory adequately organizes behavior among inexperienced consumers, whereas consumers...

Persistent link: https://www.econbiz.de/10005785134

Does It Pay To Pray? Evaluating the Economic Return to Religious Ritual

Sosis, Richard; Ruffle, Bradley - The Field Experiments Website - 2004

Time-consuming and costly religious rituals pose a puzzle for economists committed to rational choice theories of human behavior. We propose that religious rituals promote in-group trust and cooperation that help to overcome collective-action problems. To test this hypothesis we design field...

Persistent link: https://www.econbiz.de/10005685470

Cooperation and the In-Group-Out-Group Bias: A Field Test on Israeli Kibbutz Members and City Residents

Sosis, Richard; Ruffle, Bradley - The Field Experiments Website - 2006

The in-group-out-group bias is among the most well documented and widely observed phenomenon in the social sciences. Despite its role in hiring decisions and job discrimination, negotiations, and conflict and competition between groups, economists have paid little attention to the...

Persistent link: https://www.econbiz.de/10005685473

Using Cross-Cultural Experiments to Understand the Dynamics of a Global Commons

Carpenter, Jeff; Seki, Erika - The Field Experiments Website - 2002

Models of job tournaments and competitive workplaces more generally predict that while individual effort may increase as competition intensifies between workers, the incentive for workers to cooperate with each other diminishes. We report on a field experiment conducted with workers from a...

Persistent link: https://www.econbiz.de/10005490019

What's Psychology Worth? A Field Experiment in the Consumer Credit Market

Bertrand, Marianne; Karlan, Dean; Mullainathan, Sendhil; … - The Field Experiments Website - 2006

Numerous laboratory studies find that minor nuances of presentation and description change behavior in ways that are inconsistent with standard economic models. How much do these context effects matter in natural settings, when consumers make large, real decisions and have the opportunity to...

Persistent link: https://www.econbiz.de/10005490038

Do causes of environmental problems affect Hicksian equivalent surplus? Evidence from the field

Bulte, Erwin; Gerking, Shelby; Zeeuw, Aart de; List, John - The Field Experiments Website

Measuring preferences via stated methods remains the only technique to obtain the total economic value of a non-marketed good or service. This study examines if alternative causes of an environmental problem affect individual statements of compensation demanded. Making use of a unique sample...

Persistent link: https://www.econbiz.de/10010580352

Do People Invest in Local Public Goods with Long-Term Benefits? Experimental Evidence from a Shanty Town in Peru

Hoop, Thomas de; Kempen, Luuk van; Fort, Ricardo - The Field Experiments Website - 2009

This paper discusses voluntary contributions to health education in a shanty town in Peru, using a new experimental setup to identify voluntary contributions to local public goods. The experiment enables individuals to contribute to a health education meeting, which will only continue if the...

Persistent link: https://www.econbiz.de/10010580385

The Effects of Training on Own and Co-Worker Productivity: Evidence from a Field Experiment

Grip, Andries de; Sauermann, Jan - The Field Experiments Website - 2011

This paper analyses the effects of work-related training on worker productivity. To identify the causal effects from training, we combine a field experiment that randomly assigns workers to treatment and control groups with panel data on individual worker performance before and after training....

Persistent link: https://www.econbiz.de/10010580395