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Auctions, Market Prices and the Risk Attitude Effect

Janssen, Maarten C.W.; Karamychev, Vladimir A. - Tinbergen Institute - 2005

This paper develops one possible argument why auctioning licenses to op- erate in an aftermarket may lead to higher prices in the aftermarket compared to a more random allocation mechanism. Key ingredients in the argument are differences in firms' risk attitudes and the fact that future market...

Persistent link: https://www.econbiz.de/10005137048

Can we measure Individual Risk Attitudes in a Survey?

Ding, Xiaohao; Hartog, Joop; Sun, Yuze - Tinbergen Institute - 2010

We combine a survey and an experiment with real pay-out among Peking University students to measure and validate … individual risk attitudes. The experiment involves choosing between a cash payment and playing a lottery. The survey questions …

Persistent link: https://www.econbiz.de/10008838614

Entrepreneurship, Wage Employment and Control in an Occupational Choice Framework

Douhan, Robin; Praag, Mirjam van - Tinbergen Institute - 2009

We combine two empirical observations in a general equilibrium occupational choice model. The first is that entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second observation is that entrepreneurs enjoy higher returns to...

Persistent link: https://www.econbiz.de/10004964455

Seeing the World with Different Eyes

Koellinger, Philipp; Minniti, Maria; Schade, Christian - Tinbergen Institute - 2008

Across countries, women own significantly fewer businesses than do men. We show that this is due, in large part, to the fact that the propensity to start businesses of women is significantly lower than that of men. The lower propensity of women, in turn, appears to be highly correlated to...

Persistent link: https://www.econbiz.de/10005137009

Decomposing the Gender Wage Gap in the Netherlands with Sample Selection Adjustments

Albrecht, James; Vuuren, Aico van; Vroman, Susan - Tinbergen Institute - 2004

In this paper, we use quantile regression decomposition methods to analyze the gender gap between men and women who …, sample selection is a serious issue. In addition to shedding light on the sources of the gender gap in the Netherlands, we … experience with the remainder due to unobservables. Our decompositions show that the majority of the gender log wage gap is due …

Persistent link: https://www.econbiz.de/10005137387

Multitasking: Productivity Effects and Gender Differences

Buser, Thomas; Peter, Noemi - Tinbergen Institute - 2011

our experiment perform two different tasks according to three treatments: one where they perform the tasks sequentially …

Persistent link: https://www.econbiz.de/10008867499

Gender Differences, HIV Risk Perception and Condom Use

Lammers, Judith; Wijnbergen, Sweder van; Willebrands, Daan - Tinbergen Institute - 2011

We analyze how HIV-knowledge influences condom use across the sexes. The empirical work is based on a household survey conducted among 1,979 households of a representative group of market persons in Lagos in 2008. Last-time-condom-use is analyzed based on a Probit model while correcting for...

Persistent link: https://www.econbiz.de/10008867503

Why less? The Gendered Aspects of Small- and Medium-sized Enterprise (SME) Ownership under Economic Transition

Aidis, Ruta - Tinbergen Institute - 2002

This paper explores the gendered influence on SME development under economic transition in Lithuania. Previous studies have shown that male and female business owners are more different than similar in terms of personal and business characteristics (Brush 1992). An analysis of 332 SME owners in...

Persistent link: https://www.econbiz.de/10005281896

Errors in Judicial Decisions

Sonnemans, Joep; Dijk, Frans van - Tinbergen Institute - 2008

verdict. In this experiment we examine the relationship between evidence of which the strength is known, subjective …

Persistent link: https://www.econbiz.de/10005209452

Investment, Resolution of Risk, and the Role of Affect

Winden, Frans van; Krawczyk, Michal; Hopfensitz, Astrid - Tinbergen Institute - 2008

-based questionnaire before the experiment and participants’ preferences for resolution timing, risk, and time were incentive compatibly … measured during the experiment. Main findings are that delayed resolution can affect investment, that the effect depends on the …

Persistent link: https://www.econbiz.de/10005144438