Showing 1 - 10 of 10
Overbidding in auctions has been attributed to e.g. risk aversion, loser regret, level-k, and cursedness, relying on varying identifying assumptions. I argue that \"type projection\'\" organizes these findings and largely captures observed behavior. Type projection formally models that people...
Persistent link: https://www.econbiz.de/10011932901
experiment compares one-shot and indefinite horizon versions of random-proposer majority bargaining (the Baron-Ferejohn game … ex ante expectation or the opponent\'s payoff. Finally, we successfully test RDA out-of-sample on a number of … distribution and bargaining games from three seminal social preference experiments. …
Persistent link: https://www.econbiz.de/10011932915
Why do people give when asked, but prefer not to be asked, and even take when possible? We show that standard behavioral axioms including separability, narrow bracketing, and scaling invariance predict these seemingly inconsistent observations. Specifically, these axioms imply that...
Persistent link: https://www.econbiz.de/10011932954
illustrations, we consider majority bargaining about a cake (leaned on Baron and Ferejohn,1989),where the formateur ends up being a …
Persistent link: https://www.econbiz.de/10010297248
When do we cooperate and why? This question concerns one of the most persistent divides between \"theory and practice\", between predictions from game theory and results from experimental studies. For about 15 years, theoretical analyses predict completely-mixed \"behavior\" strategies, i.e....
Persistent link: https://www.econbiz.de/10011932961
. Experimental provision of return and cost information significantly increases educational aspirations. However, it does not close … the aspiration gap as university graduates respond even more strongly to the information treatment. Persistent effects in … a follow-up survey indicate that participants indeed process and remember the information. Differences in economic …
Persistent link: https://www.econbiz.de/10011932956
To study how information about educational inequality affects public concerns and policy preferences, we devise survey … experiments in representative samples of the German population. Providing information about the extent of educational inequality … strong positive information treatment effect, which is increased further by informing about policy effectiveness. …
Persistent link: https://www.econbiz.de/10011932975
about the university earnings premium. To test whether public support for tuition depends on earnings information, we devise … opposing tuition. Providing information on the university earnings premium raises support for tuition by 7 percentage points …, turning the plurality in favor. The opposition-reducing effect persists two weeks after treatment. Information on fiscal costs …
Persistent link: https://www.econbiz.de/10013197534
Public preferences for charging tuition are important for determining higher education finance. To test whether public … support for tuition depends on information and design, we devise several survey experiments in representative samples of the … German electorate (N>19,500). The electorate is divided, with a slight plurality opposing tuition. Providing information on …
Persistent link: https://www.econbiz.de/10012141851
, implying endogeneity of policy preferences. The information treatment also affects non-partisan swing voters. …
Persistent link: https://www.econbiz.de/10012141855