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This paper compares two prominent empirical measures of individual risk attitudes - the Holt and Laury (2002) lottery-choice task and the multi-item questionnaire advocated by Dohmen, Falk, Huffman, Schupp, Sunde and Wagner (2011) - with respect to (a) their within-subject stability over time...
Persistent link: https://www.econbiz.de/10010250131
possible outcome reporting bias using gender differences in risk attitudes. There is a strong consensus view in the …, however, does not support the consensus: only a tiny fraction of the replications displays gender differences. This striking … 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/10010204670
of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment … compete in two-person tournaments and are then informed of their score and the outcome of the competition. Conditional on the …
Persistent link: https://www.econbiz.de/10010383874
individuals are found to be more risk averse, in agreement with common findings. Unlike previous studies that ascribed gender …
Persistent link: https://www.econbiz.de/10003824984
We present an experiment to investigate the source of disappointment aversion in a sequential real-effort competition …-person real-effort competition (Gill and Prowse, 2012). To do this we compare "social" and "asocial" versions of the Gill and …
Persistent link: https://www.econbiz.de/10011658021
competitive incentives in mixed-gender competition. We use a real effort math task to induce an implicit stereotype threat against …The gender gap in income and leadership positions in many domains of our society is an undisputed pervasive phenomenon … precise mechanisms behind the gender difference in competitive responsiveness are still not fully uncovered. In this paper, we …
Persistent link: https://www.econbiz.de/10012404691
-stakes game, and controlling for performance differences, there is no gender gap in risk-taking among girls and boys in contrast …
Persistent link: https://www.econbiz.de/10010234522
We measure individual-level loss aversion using three incentivized, representative surveys of the U.S. population (combined N = 3,000). We find that around 50% of the U.S. population is loss tolerant, with many participants accepting negative-expected-value gambles. This is counter to earlier...
Persistent link: https://www.econbiz.de/10013284901
We introduce DOSE - Dynamically Optimized Sequential Experimentation - and use it to estimate individual-level loss aversion in a representative sample of the U.S. population (N = 2;000). DOSE elicitations are more accurate, more stable across time, and faster to administer than standard methods....
Persistent link: https://www.econbiz.de/10011906333
We repeatedly elicit beliefs about the returns to study effort, in a large university course. A behavioral model of quasi-hyperbolic discounting and malleable beliefs predicts that the dynamics of beliefs mirrors the importance of exerting self-control, such that believed returns increase as the...
Persistent link: https://www.econbiz.de/10014490754