Showing 1 - 10 of 416
The favorite-longshot bias describes the longstanding empirical regularity that betting odds provide biased estimates … misperceptions of probability drive the favorite-longshot bias, as suggested by Prospect Theory …
Persistent link: https://www.econbiz.de/10013133607
bias | but one that represents an optimal Bayesian decision, given the limitations of the mental representation of the … laboratory experiment …
Persistent link: https://www.econbiz.de/10012956867
possible outcome reporting bias using gender differences in risk attitudes. There is a strong consensus view in the … outcome reporting bias in the risk and gender literature. We find no evidence that the likelihood of reporting about gender …
Persistent link: https://www.econbiz.de/10013315692
Using a laboratory experiment, we present first evidence that stigmatization through public exposure causally reduces … can exclude other explanations for the observed stigma effect. In the experiment, social stigmatization implies a …
Persistent link: https://www.econbiz.de/10012952402
We study how the distribution of other-regarding preferences develops with age. Based on a set of allocation choices, we can classify each of 717 subjects, aged 8 to 17 years, as either egalitarian, altruistic, or spiteful. Varying the allocation recipient as either an in-group or an out-group...
Persistent link: https://www.econbiz.de/10013316068
then split joint benefits. We investigate how social preferences determine investments. In our experiment we find that even …-sharing can be successful in the experiment, even when it is not in a selfish world …
Persistent link: https://www.econbiz.de/10013316263
Economic and social interaction takes place between individuals with heterogeneous characteristics. We investigate experimentally the emergence and informal enforcement of different contribution norms to a public good in homogeneous and different heterogeneous groups. When punishment is not...
Persistent link: https://www.econbiz.de/10013134512
In this paper we experimentally investigate whether partial coercion can in combination with conditional cooperation increase contributions to a public good. We are especially interested in the behavior of the non-coerced populations. The main finding is that in our setting conditional...
Persistent link: https://www.econbiz.de/10013120907
We use a laboratory experiment to investigate the behavioral effects of obligations that are not backed by binding … and asymmetric minimum contribution levels (obligations) in a repeated public goods experiment. The results provide …
Persistent link: https://www.econbiz.de/10013125061
punishment option and compare it to the behavior of individuals in a laboratory experiment. We also consider different team …
Persistent link: https://www.econbiz.de/10013075136