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experiment that varies freelance professionals’ incentives to attract attention about scientific findings, with several online …
Persistent link: https://www.econbiz.de/10015402019
Much of economics assumes that higher incentives increase participation in a transaction only because they exceed more people's reservation price. This paper shows theoretically and experimentally that when information about the consequences is costly, higher incentives also change reservation...
Persistent link: https://www.econbiz.de/10011588031
How does group identity affect belief formation? To address this question, we conduct a series of online experiments with a representative sample of individuals in the US. Using the setting of the 2020 US presidential election, we find evidence of intergroup preference across three distinct...
Persistent link: https://www.econbiz.de/10014447732
We report the results of an experiment on selective exposure to information. A decision maker interested in learning …. In line with the theory, subjects are more likely to seek confirmatory information when sources are symmetrically … source even when prior beliefs are strongly unbalanced and this source is less informative. Our experiment suggests that base …
Persistent link: https://www.econbiz.de/10014383694
We use an experiment to test whether consumers optimally acquire information on energy costs in appliance markets where …
Persistent link: https://www.econbiz.de/10014247561
. As a consequence, consumers are often exploited and market efficiency is threatened. However, in the digital age, it has …’ reviews on social media platforms in search for trustworthy sellers. We present a natural field experiment that examines the …
Persistent link: https://www.econbiz.de/10012120255
reservation wages and that a difference in plans about "boldness" during prospective wage negotiations pertains to gender …
Persistent link: https://www.econbiz.de/10014444193
Politicians may pander to public opinion and may renounce undertaking beneficial long-term projects. To alleviate this problem, we introduce a triple mechanism involving political information markets, reelection threshold contracts, and democratic elections. An information market is used to...
Persistent link: https://www.econbiz.de/10009009663
We propose a theory that jointly accounts for an asset illiquidity and for the asset price potential over-reliance on …
Persistent link: https://www.econbiz.de/10009011130
horizon, acquiring information is strictly dominant. The time limit is an important instrument in influencing the efficiency …
Persistent link: https://www.econbiz.de/10009011776