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We test the effect of players' moods on their behavior in a gift-exchange game.In the first stage of the game, player 1 chooses a transfer to player 2.In the second stage, player 2 chooses an effort level.Higher effort is more costly for player 2, but it increases player 1's payoff.We say that...
Persistent link: https://www.econbiz.de/10011091714
We conduct an experiment to study the prevalence of the higher order risk attitudes of prudence and temperance, in a … individual’s level of prudence is predictive of his wealth, saving, and borrowing behavior outside of the experiment, while …
Persistent link: https://www.econbiz.de/10011091811
Persistent link: https://www.econbiz.de/10011092690
Over the past decades there has been an increasing use of panel surveys at the household or individual level, instead of using independent cross-sections. Panel data have important advantages, but there are also two potential drawbacks: attrition bias and panel conditioning effects. Attrition...
Persistent link: https://www.econbiz.de/10011090305
show that both forces are at play. We conduct a natural field experiment where, in a randomly assigned part of a …
Persistent link: https://www.econbiz.de/10011090473
This article shows that respondents gain meaning from visual cues in a web survey as well as from verbal cues (words).We manipulated the layout of a five point rating scale using verbal, graphical, numerical, and symbolic language. This paper extends the existing literature in four directions:...
Persistent link: https://www.econbiz.de/10011090766
Abstract: Using a dataset for a demographically representative sample of the Dutch population, containing a revealed preference risk attitude measure, as well as very detailed information about participants’ religious background, we study three issues raised in previous literature. First, we...
Persistent link: https://www.econbiz.de/10011090796
We specify and estimate an econometric model which separately identifies distributional preferences and the effects of perceived intentions on responder behavior in the ultimatum game. We allow the effects of perceived intentions to depend, among other things, on the subjective probabilities...
Persistent link: https://www.econbiz.de/10011091035
Differences in answers in Internet and traditional surveys can be due to selection, mode, or context effects. We exploit unique experimental data to analyze mode and context effects controlling for arbitrary selection. The Health and Retirement Study (HRS) surveys a random sample of the US 50+...
Persistent link: https://www.econbiz.de/10011091152
In interpreting questions, respondents extract meaning from how the information in a questionnaire is shaped, spaced, and shaded. This makes it important to pay close attention to the arrangement of visual information on a questionnaire. Respondents follow simple heuristics in interpreting the...
Persistent link: https://www.econbiz.de/10011091213