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Efficiency-morality trade-offs in repugnant transactions : a choice experiment

Elías, Julio; Lacetera, Nicola; Macis, Mario - 2016

Societies prohibit many transactions considered morally repugnant, although potentially efficiency-enhancing. We … conducted an online choice experiment to characterize preferences for the morality and efficiency of payments to kidney donors …

Persistent link: https://www.econbiz.de/10011539004

Long-term care insurance : knowledge barriers, risk perception and adverse selection

Boyer, Martin; De Donder, Philippe; Fluet, Claude; … - 2017

We conduct a stated-choice experiment where respondents are asked to rate various insurance products aimed to protect … equilibrium for long-term care insurance using the framework developped by Einav et al. (2010). We investigate in turn causes for … the low observed take-up of long-term care insurance in Canada despite substantial residual out-of-pocket financial risk …

Persistent link: https://www.econbiz.de/10011735985

The own and social effects of an unexpected income shock

Kuhn, Peter Joseph; Kooreman, Peter; Soetevent, Adriaan R. - 2010 - Rev. May 5, 2010

Each week, the Dutch Postcode Lottery (PCL) randomly selects a postal code, and distributes cash and a new BMWto lottery participants in that code. We study the effects of these shocks on lottery winners and their neighbors.Consistent with the life-cycle hypothesis, the effects on winners’...

Persistent link: https://www.econbiz.de/10011374379

(Non-)insurance markets, loss size manipulation and competition : experimental evidence

Hinloopen, Jeroen; Soetevent, Adriaan R. - 2016

markets with small initial loss sizes, insurers may try to raise these in order to create demand for insurance. After having … defined insurance and non-insurance markets based on the initial loss size, we develop theory to show that insurers with buyer … power have incentives to create insurance markets. Insurer competition will push their profits to zero but markets do not …

Persistent link: https://www.econbiz.de/10011456744

You owe me

Malmendier, Ulrike; Schmidt, Klaus M. - 2012

In many cultures and industries gifts are given in order to influence the recipient, often at the expense of a third party. Examples include business gifts of firms and lobbyists. In a series of experiments, we show that, even without incentive or informational effects, small gifts strongly...

Persistent link: https://www.econbiz.de/10009683372

Self-assessment : the role of the social environment

Falk, Armin; Kosse, Fabian; Schildberg-Hörisch, Hannah; … - 2020

This study presents descriptive and causal evidence on the role of the social environment in shaping the accuracy of self-assessment. We introduce a novel incentivized measurement tool to measure the accuracy of self-assessment among children and use this tool to show that children from high...

Persistent link: https://www.econbiz.de/10012219381

Playing with the good guys : a public good game with endogenous group formation

Brekke, Kjell Arne; Hauge, Karen Evelyn; Lind, Jo Thori; … - 2009

may attract more responsible employees. -- altruism ; conditional ; cooperation ; self-selection …

Persistent link: https://www.econbiz.de/10003850332

Contracts, biases and consumption of access services

Leider, Stephen G.; Sahin, Ozge - 2012

We consider a consumption model that takes into account the valuation and demand uncertainties that consumers face while using access services. Typical examples of such services include telecommunication services, extended warranties for consumer electronics, and club memberships. We demonstrate...

Persistent link: https://www.econbiz.de/10009489036

The information content of a stated choice experiment

Rouwendal, Jan; Blaeij, Adriana Tanneke de; Rietveld, Piet - 2008 - This version: May 16, 2008

This paper presents a method to assess the distribution of values of time, and values of statistical life, over participants to a stated choice experiment, that does not require the researcher to make an a priori assumption on the type of distribution, as is required for example for mixed logit...

Persistent link: https://www.econbiz.de/10011376457

Can we measure individual risk attitudes in a survey?

Ding, Xiaohao; Hartog, Joop; Sun, Yuze - 2009 - This version 11‐12‐2009

We combine a survey and an experiment with real pay-out among Peking University students to measure and validate individual risk attitudes. The experiment involves choosing between a cash payment and playing a lottery. The survey questions ask for the reservation price of a hypothetical lottery...

Persistent link: https://www.econbiz.de/10011380050