Narrow search
Showing 1 - 10 of 281
Cover Image
Export Decision Under Risk
de Sousa, José; Disdier, Anne-Célia; Gaigne, Carl - 2021
Using firm and industry data, we establish two facts: (i) Uncertainty about demand conditions not only reduces export sales and exporting probabilities but also makes exports less sensitive to trade policy; (ii) the most productive exporters are more affected by higher industry-wide expenditure...
Persistent link: https://www.econbiz.de/10013315484
Cover Image
Investment, Resolution of Risk, and the Role of Affect
Van Winden, F. A. A. M. - 2010
-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/10013146983
Cover Image
More Effort with Less Pay : On Information Avoidance, Belief Design and Performance
Huck, Steffen - 2015
In a tedious real effort task, subjects know that their piece rate is either low or ten times higher. When subjects are informed about their piece rate realization, they adapt their performance. One third of subjects nevertheless forego this instrumental information when given the choice - and...
Persistent link: https://www.econbiz.de/10013012566
Cover Image
Can There Be a Market for Cheap-Talk Information? An Experimental Investigation
Cabrales, Antonio - 2018
This paper reports on experiments testing the viability of markets for cheap talk information. We find that the poor quality of the information transmitted leads to a collapse of information markets. The reasons for this are surprising given the previous experimental results on cheap-talk games....
Persistent link: https://www.econbiz.de/10012917514
Cover Image
'Now that You Mention It' : A Survey Experiment on Information, Salience and Online Privacy
Marreiros, Helia - 2016
Personal data lie at the forefront of different business models and constitute the main source of revenue of several online companies. In many cases, consumers have incomplete information about the digital transactions of their data. This paper investigates whether highlighting positive or...
Persistent link: https://www.econbiz.de/10012996793
Cover Image
Deception Under Time Pressure : Conscious Decision or a Problem of Awareness?
Konrad, Kai A. - 2017
dimension for dishonest decision-making and for the cognition process of the chance to deceive. We conduct a laboratory … experiment of self-serving deceptive behavior which combines two exogenously varied levels of reflection time with a cognition … intuitive decision while others allow for extensive reflection time. To be able to pursue a deceptive strategy, however, a …
Persistent link: https://www.econbiz.de/10012945055
Cover Image
The Effect of Language on Economic Behavior : Experimental Evidence from Children's Intertemporal Choices
Sutter, Matthias - 2015
than Italian-speaking children to delay gratification in an intertemporal choice experiment. This result is robust when …
Persistent link: https://www.econbiz.de/10013013093
Cover Image
Excessive Herding in the Laboratory : The Role of Intuitive Judgments
March, Christoph - 2018
-rational inferences, drive herd behavior. In Experiment 1, unobserved, whose actions remain private, learn from the public actions made in …
Persistent link: https://www.econbiz.de/10012924978
Cover Image
Optimal Policy and the Risk Properties of Human Capital Reconsidered
Anderberg, Dan - 2008
This paper considers how optimal education and tax policy depends on the risk properties of human capital. It is demonstrated that a key feature of human capital investments is whether they increase or decrease wage risk. In a benchmark model it is shown that this feature alone determines...
Persistent link: https://www.econbiz.de/10012768814
Cover Image
Time is Running Out : The 2°C Target and Optimal Climate Policies
Chen, Yu-Fu; Funke, Michael; Glanemann, Nicole - 2021
The quintessence of recent natural science studies is that the 2°C target can only be achieved with massive emission reductions in the next few years. The central twist of this paper is the addition of this limited time to act into a non-perpetual real options framework analyzing optimal...
Persistent link: https://www.econbiz.de/10013315946