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Social Comparison and Risky Choices
Linde, Jona; Sonnemans, Joep - Tinbergen Instituut - 2009
risky choices is explored in an experiment in which participants make a series of choices between lotteries with only …
Persistent link: https://www.econbiz.de/10011255676
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Social Preferences in Private Decisions
Linde, Jona; Sonnemans, Joep - Tinbergen Instituut - 2012
Social preference models were originally constructed to explain two things: why people spend money to affect the earnings of others and why the income of others influences reported happiness. We test these models in a novel experimental situation where participants face a risky decision that...
Persistent link: https://www.econbiz.de/10011257303
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The Impact of Naïve Advice and Observational Learning in Beauty-contest Games
Kocher, Martin G.; Sutter, Matthias; Wakolbinger, Florian - Tinbergen Instituut - 2007
We study the impact of advice or observation on the depth of reasoning in an experimental beauty-contest game. Both sources of information trigger faster convergence to the equilibrium. Yet, we find that subjects who receive naïve advice outperform uninformed subjects permanently, whereas...
Persistent link: https://www.econbiz.de/10011255507
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Intention-Based Reciprocity and the Hidden Costs of Control
Siemens, Ferdinand von - Tinbergen Instituut - 2011
Empirical research suggests that - rather than improving incentives - exerting controlcan reduce workers' performance by eroding motivation. The present paper shows thatintention-based reciprocity can cause such motivational crowding-out if individuals differin their propensity for reciprocity...
Persistent link: https://www.econbiz.de/10011256604
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How Universal is Behavior?
Brandts, Jordi; Saijo, Tatsuyoshi; Schram, Arthur - Tinbergen Instituut - 2002
This paper studies behavior in experiments with a linear voluntary contributions mechanism for public goods conducted in Japan, the Netherlands, Spain and the USA. The same experimental design was used in the four countries. Our 'contribution function' design allows us to obtain a view of...
Persistent link: https://www.econbiz.de/10011257141
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Hurting hurts more than Helping helps: The Role of the Self-serving Bias
Offerman, Theo - Tinbergen Instituut - 1999
This paper investigates an implication of the self-serving bias for reciprocalresponses. It is hypothesized that negative intentionality matters more thanpositive intentionality for reciprocating individuals with a self-servingattributional style. Experimental evidence obtained in the hot...
Persistent link: https://www.econbiz.de/10011257619
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A Dynamic Model of Investor Decision-Making: How Adaptation to Losses affects Future Selling Decisions
Lee, Carmen; Kraeussl, Roman; Lucas, André; Paas, … - Tinbergen Instituut - 2008
We conduct an experiment to test whether the size of a loss and the time in a losing position affect investors …’ adaptation to the loss situation and, subsequently, whether this adaptation affects future investment decisions. As investors … performance, together influence the decision to hold on to or to capitulate on an investment. We study the relative contribution …
Persistent link: https://www.econbiz.de/10011257429
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Dynamic Choice, Independence and Emotions
Hopfensitz, Astrid; Winden, Frans van - Tinbergen Instituut - 2006
variable is the particular decision stage at which a global risk is resolved: (i) before the investment decision; (ii) after … the investment decision, but before the resolution of the decision risk; (iii) after the resolution of the decision risk …
Persistent link: https://www.econbiz.de/10011257656
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Monitoring and Pay: An Experiment on Employee Performance under Endogenous Supervision
Dittrich, Dennis; Kocher, Martin G. - Tinbergen Instituut - 2006
maximization problem of the firm. As a result, monitoring and pay should be complements. In our experiment, between and within …
Persistent link: https://www.econbiz.de/10011255473
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The Behavioral Impact of Emotions in a Power to take Game: An Experimental Study
Bosman, Ronald; Winden, Frans A.A.M. van - Tinbergen Instituut - 1999
-making experiment preceding the take game. The gameconsists of two stages. In the first stage, the take authority decides howmuch income …-69, as: 'Emotional Hazard in a Power-to-Take Experiment'. …
Persistent link: https://www.econbiz.de/10011255559