We investigate in a laboratory experiment if the experience of economic failure or success shapes people's preferences …

develop a choice model of survey response behavior under the assumption that the respondent has imperfect self-knowledge about …We study response behavior in surveys and show how the explanatory power of self-reports can be improved. First, we … her individual characteristics. In panel data, the model predicts that the variance in responses for different …

, stems from the experience of doing it. Therefore, different employers immensely contend for managers' highly valuable export … experience. As managers can accept better and better positions from several offers, they may become highly mobile, thus having a … this idea by discriminating between knowledge ascribable to managers’ former job experience and that attributable to their …

What determines citizens satisfaction with the constitution in operation ? We make two contributions towards an answer … satisfaction, but affects different types of citizens differently. Second, we focus on informal institutions and rules of the game … in European societies. Corporatism and group membership as a measure of social capital are good for satisfaction, and …

-in-differences design to show that stay-at-home orders notably increased satisfaction with democracy and shifted political support towards … centrist parties. Stay-at-home orders increased satisfaction with democracy most among individuals who had been exposed to the … restrictive state interventions. Moreover, we find suggestive evidence that satisfaction with democracy increases more among …

Based on a new survey of German households, we investigate the role of information channels and lifetime experience for … future change of inflation and the unemployment rate, however, is strongly influenced by individual experience of these … variables. Similarly, the expected response of inflation to a change in the interest rate is also shaped by experience. We …

and customers are prone to fraudulent behavior of sellers and resulting market inefficiencies. We present the first model …Credence goods markets – like for health care or repair services – with their informational asymmetries between sellers … framework. We test the model’s predictions in a laboratory experiment. Both in theory and in the experiment diagnostic …

hurricanes, causing households to purchase different brands. We find that purchase behavior reverts back to its pre … model yields a positive effect using data for the same category. We argue that our approach is better suited to identify the …

export experience in a market are more likely to source service inputs from there. We rationalize this fact in a model where … arm’s length. The model further implies that firms are more likely to offshore when frictions in the provision of services … they become sufficiently confident about their export prospects, i.e., once they acquire enough export experience. More …