Showing 1 - 10 of 16
neural responses to the pertinent prospects when they are not engaged in actual decision making. The ability to make such …
Persistent link: https://www.econbiz.de/10012459390
observable exogenous causes. We explore an alternative approach that generates predictions based on relationships across decision … experiment, we find that this method yields accurate estimates of price sensitivities for a collection of products under …
Persistent link: https://www.econbiz.de/10012459391
We study experimentally when, why, and how people intervene in others’ choices. Choice Architects (CAs) construct opportunity sets containing bundles of time-indexed payments for Choosers. CAs frequently prevent impatient choices despite opportunities to provide advice, believing Choosers...
Persistent link: https://www.econbiz.de/10012052868
"the will of the people." In an experiment, we elicit revealed attitudes toward ordinal preference aggregation and classify …
Persistent link: https://www.econbiz.de/10012658023
from engaging in actual trade in the experiment. We show that distributional concerns primarily drive opposition to trade …
Persistent link: https://www.econbiz.de/10012799756
We report experimental evidence on the voluntary provision of public goods under threshold uncertainty. By explicitly comparing two prominent technologies, summation and weakest link, we show that uncertainty is particularly detrimental to threshold attainment under weakest link, where low...
Persistent link: https://www.econbiz.de/10012799757
We report experimental findings on the role of charitable promises in bargaining settings. We vary the enforceability of such promises within variants of ultimatum games where the proposer suggest a split between himself, the responder and a char-itable donation. By reneging on initial pledges,...
Persistent link: https://www.econbiz.de/10012599216
experiment, face-to-face communication with a randomly assigned peer significantly improves the quality of private decisions … transmits financial decision-making skills most effectively when peers are equally uninformed, rather than when an informed … decision maker teaches an uninformed peer. Qualitative analysis of subjects' discussions supports this interpretation. The …
Persistent link: https://www.econbiz.de/10012480687
versus equal outcomes). In a laboratory experiment, the most common behavioral pattern is for subjects to select the ex ante …
Persistent link: https://www.econbiz.de/10012480908
coalitions in different institutions and compares those to a voluntary contribution mechanism. The experiment confirms the rather … smallest common denominator being binding. The experiment thereby shows that the acceptance of institutions depends on how …
Persistent link: https://www.econbiz.de/10012462685