Showing 1 - 10 of 106
We conduct a laboratory experiment to shed light on the cognitive limitations that may affect the way decision makers …
Persistent link: https://www.econbiz.de/10011615828
Typically, laboratory experiments suffer from homogeneous subject pools and self-selection biases. The usefulness of … method integrating interactive experiments and representative surveys thereby overcoming crucial weaknesses of both … approaches. One of the major advantages of our approach is that it allows for the integration of experiments, which require …
Persistent link: https://www.econbiz.de/10010262013
The ability to uncover preferences from choices is fundamental for both positive economics and welfare analysis. Overwhelming evidence shows that choice is stochastic, which has given rise to random utility models as the dominant paradigm in applied microeconomics. However, as is well known, it...
Persistent link: https://www.econbiz.de/10012892249
Typically, laboratory experiments suffer from homogeneous subject pools and self-selection biases. The usefulness of … method integrating interactive experiments and representative surveys thereby overcoming crucial weaknesses of both … approaches. One of the major advantages of our approach is that it allows for the integration of experiments, which require …
Persistent link: https://www.econbiz.de/10005761956
predicted, we find in a laboratory public goods experiment a robust association between stronger self-control and higher levels …
Persistent link: https://www.econbiz.de/10010293923
subjectively-colored, recollection of the initial ultimatum game experiment, its motivation and the immediate responses. Second, we …
Persistent link: https://www.econbiz.de/10010323022
present a large-scale experiment with 883 children and adolescents, aged eight to seventeen years. Participants make decisions …
Persistent link: https://www.econbiz.de/10010269867
We devise a new experimental game by nesting a voluntary contributions mechanism in a broader spectrum of incentive schemes. With it, we study tensions between egalitarianism, equity concerns, self-interest, and the need for incentives. In a 2x2 design, subjects eithervote on or exogenously...
Persistent link: https://www.econbiz.de/10010274671
Overbidding in second-price auctions (SPAs) has been shown to be persistent and associated with cognitive ability. We study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account cognitive skills. Employing an order-balanced design, we use...
Persistent link: https://www.econbiz.de/10012799696
disadvantaged group or handicap for the privileged group, affect behavior. We examine these questions in a laboratory experiment in …
Persistent link: https://www.econbiz.de/10014377475