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Know Thyself: Incompetence and Overconfidence

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

competence in a given domain. However, individuals can only judge their competence if they are sufficiently competent. The … 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 …

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

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

Disentangling the Sources of Pro-social Behavior in the Workplace: A Field Experiment

Tonin, Mirco; Vlassopoulos, Michael - The Field Experiments Website - 2009

This paper presents evidence from a field experiment, which aims to identify the two sources of workers' pro-social motivation that have been considered in the literature: action-oriented altruism and output-oriented altruism. To this end we employ an experimental design that first measures the...

Persistent link: https://www.econbiz.de/10010580398

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

Markets as economizers of information: Field experimental examination of the -Hayek Hypothesis-

Al-Ubaydli, Omar; Boettke, Peter - The Field Experiments Website - 2012

The work of Friedrich Von Hayek contains several testable predictions about the nature of market processes. Vernon Smith termed the most important one the â€˜Hayek hypothesisâ€™: the gains from trade can be realized in the presence of diffuse, decentralized information, and in the...

Persistent link: https://www.econbiz.de/10010580366

Is a Donor in Hand Better than Two in the Bush? Evidence from a Natural Field Experiment

Landry, Craig E.; Andreas, Lange; List, John A.; Price, … - The Field Experiments Website - 2010

This study develops theory and conducts an experiment to provide an understanding of why people initially give to charities, why they remain committed to the cause, and what factors attenuate these influences. Using an experimental design that links donations across distinct treatments separated...

Persistent link: https://www.econbiz.de/10010580373

Introduction to field experiments in economics with applications to the economics of charity

List, John A. - The Field Experiments Website - 2008

This special issue highlights an empirical approach that has increasingly grown in prominence in the last decadeâ€”ï¬eld experiments. While ï¬eld experiments can be used quite generally in economicsâ€”to test theoriesâ€™ predictions, to measure key parameters, and to provide...

Persistent link: https://www.econbiz.de/10010580384

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

Substitutability, Experience, and the Value Disparity: Evidence from the Marketplace

List, John A. - The Field Experiments Website - 2004

Recent empirical evidence suggests that important disparities exist between willingness to pay and compensation demanded for the same good. These results, which clearly contradict closely held economic doctrines, have led some influential commentators to call for an entirely new economic...

Persistent link: https://www.econbiz.de/10005785116

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