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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
In the seminal rational inattention model of Matĕjka and McKay (2015), logit demand arises from the discrete choice of agents who are uncertain about choice payoffs and who have access to a flexible, costly information acquisition technology (RI-logit). A notable limitation of this powerful...
Persistent link: https://www.econbiz.de/10014358846
We study the external validity of a standard laboratory measure of cheating. The results show that cheating in the lab significantly predicts classroom misbehavior in middle and high school students.
Persistent link: https://www.econbiz.de/10011388285
In recent years, the banking industry has witnessed several cases of excessive risk-taking that frequently have been attributed to problematic professional norms. We conduct experiments with employees from several banks in which we manipulate the saliency of their professional identity and...
Persistent link: https://www.econbiz.de/10011657119
We study how different demographic groups respond to incentives by comparing their performance in “high” and “low” stakes situations. The high stakes situation is the GRE examination and the low stakes situation is a voluntary experimental section of the GRE. We find that Males exhibit a...
Persistent link: https://www.econbiz.de/10012018281
experiment to test several hypotheses on effective means to attract minority candidates for top professional careers. By randomly …
Persistent link: https://www.econbiz.de/10011872082
. We study in an experiment with 525 teenagers how both birth order and siblings’ sex composition affect risk, time and …
Persistent link: https://www.econbiz.de/10011957178
framed field experiment, we let 142 three to six-year old preschool children allocate a fixed endowment between an in …
Persistent link: https://www.econbiz.de/10011957212
,300 scientists. Experiment I, with predominantly European and North-American scientists, shows that fewer scientists over …-report winning tosses when their professional identity is salient. The global Experiment II yields heterogeneous effects. We … replicate Experiment I's effect for North-American scientists, but find the opposite for Southern European and East …
Persistent link: https://www.econbiz.de/10014534295
We present representative evidence of discrimination against migrants through an incentivized choice experiment with …
Persistent link: https://www.econbiz.de/10014574281