Showing 1 - 10 of 357
acting on them. We implement the first experiment that is able to address a potential causal relationship between self …
Persistent link: https://www.econbiz.de/10012994360
We study reputational herding in financial markets in a laboratory experiment. In the spirit of Dasgupta and Prat (2008 …
Persistent link: https://www.econbiz.de/10013029493
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 … other evidence regarding numerical cognition, and test its ability to explain the choice frequencies that we observe in a … 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
than Italian-speaking children to delay gratification in an intertemporal choice experiment. This result is robust when …
Persistent link: https://www.econbiz.de/10013013093
legally a tax. We design a randomized field experiment with treatments informing individuals that the levy is a tax. We …
Persistent link: https://www.econbiz.de/10012985409
In repeated games, it is hard to distinguish true prosocial behavior from strategic instrumental behavior. In particular, a player does not know whether a reciprocal action is intrinsically or instrumentally motivated. In this paper, we experimentally investigate the relationship between...
Persistent link: https://www.econbiz.de/10013043209
We discuss the literatures on behavioral economics, bounded rationality and experimental economics as they apply to firm behaviour in markets. Topics discussed include the impact of imitative and satisficing behavior by firms, outcomes when managers care about their position relative to peers,...
Persistent link: https://www.econbiz.de/10013147795
Social interactions pervade daily life and thereby create an abundance of social experiences. Such personal experiences likely shape what we believe and who we are. In this paper, we ask if and how personal experiences from social interactions determine individuals’ inclination to trust...
Persistent link: https://www.econbiz.de/10013315368