Showing 1 - 10 of 1,811
Dagsvik and Karlström (2005) have demonstrated how one can compute Compensating Variation and Compensated Choice Probabilities by means of analytic formulas in the context of discrete choice models. In this paper we offer a new and simplified derivation of the compensated probabilities....
Persistent link: https://www.econbiz.de/10013059056
Heuristics Hypothesis (SHH) proposes that fast instinctive decision making promotes cooperation in social dilemmas. In this paper …, we conduct a novel time-pressure experiment to shed light on the cognitive underpinnings of cooperation. Although we find …
Persistent link: https://www.econbiz.de/10012992006
interactions, players who make their choices fast and intuitively, relying on social heuristics, choose stag more often than other … players. Second, we run a lab experiment and use a time pressure treatment to induce fast and intuitive thinking. We find that … Heuristics Hypothesis applied to stag hunt interactions …
Persistent link: https://www.econbiz.de/10012926992
The paper aims to investigate the labour market participation of couples in Brazil in 2013. The observed endogenous variables portraying participation are assumed to be the outcome of a static discrete game between the partners. Different solution concepts are considered (Nash, Stackelberg and...
Persistent link: https://www.econbiz.de/10012961059
This paper considers the estimation problem of structural models for which empirical restrictions are characterized by a fixed point constraint, such as structural dynamic discrete choice models or models of dynamic games. We analyze the conditions under which the nested pseudo-likelihood (NPL)...
Persistent link: https://www.econbiz.de/10012768155
productivity and their social preferences. This paper presents causal evidence that they do. In a real-effort experiment, we elicit …
Persistent link: https://www.econbiz.de/10013118359
We study the spillover effects of minimum wages in a laboratory experiment. In a bilateral firm-worker bargaining …
Persistent link: https://www.econbiz.de/10013120274
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
Does adverse selection hamper the effectiveness of voluntary risk sharing? How do differences in risk profiles affect adverse selection? We experimentally investigate individuals' willingness to share risks with others. Across treatments we vary how risk profiles differ between individuals. We...
Persistent link: https://www.econbiz.de/10013082973
the extant laboratory experiments that measure higher order risk preferences and we find a fair amount of support for this … dichotomy. Our own experiment is the first to look beyond 4th order risk preferences and we examine risk attitudes at even … higher levels. The consistency of these results with expected utility theory and with a few non-expected utility theories is …
Persistent link: https://www.econbiz.de/10013088796