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Engelmann, Dirk; Friedrichsen, Jana - 2018

This paper experimentally investigates how concerns for social approval relate to intrinsic motivations to purchase ethically. Participants state their willingness-to-pay for both a fair trade and a conventional chocolate bar in private or publicly. A standard model of social image predicts that...

Persistent link: https://www.econbiz.de/10011932926

Fairness in Markets and Market Experiments

Engelmann, Dirk; Friedrichsen, Jana; Kübler, Dorothea - 2018

Whether pro-social preferences identified in economic laboratories survive in natural market contexts is an important and contested issue. We investigate how fairness in a laboratory experiment framed explicitly as a market exchange relates to preferences for fair trade products before and after...

Persistent link: https://www.econbiz.de/10011932929

Second-chance offers and buyer reputation: Theory and evidence on auctions with default

Engelmann, Dirk; Frank, Jeff; Koch, Alexander K.; … - 2020

Winners in online auctions frequently fail to complete purchases. Major auction platforms therefore allow "second-chance" offers, where the runner-up bidder pays his own bid price, and they let sellers leave negative feedback on buyers who default. We show theoretically that (i) all else equal,...

Persistent link: https://www.econbiz.de/10012290368

Minority Protection in Voting Mechanisms – Experimental Evidence

Engelmann, Dirk; Grüner, Hans Peter; Hoffmann, Timo; … - 2023

Under simple majority voting an absolute majority of voters may choose policies that are harmful to minorities. It is the purpose of sub- and super-majority rules to protect legitimate minority interests. We study how voting rules are chosen under the veil of ignorance and whether there are...

Persistent link: https://www.econbiz.de/10014467846

Student performance and loss aversion

Karle, Heiko; Engelmann, Dirk; Peitz, Martin - 2019

In this paper, we match data on student performance in a multiple-choice exam with data on student risk preferences that are extracted from a classroom experiment. We find that more-loss-averse students leave more questions unanswered and perform worse in the multiple-choice exam when giving an...

Persistent link: https://www.econbiz.de/10012141888

Do legal standards affect ethical concerns of consumers?

Danz, David; Engelmann, Dirk; Kübler, Dorothea - 2020

To address the impact of regulation on ethical concerns of consumers, we study the example of minimum wages. In our experimental market, consumers have monopsony power, firms set prices and wages, and workers are passive recipients of a wage payment. We find that the majority of consumers...

Persistent link: https://www.econbiz.de/10012290365

Belief Elicitation in Experiments : Is there a Hedging Problem?

Blanco, Mariana; Engelmann, Dirk; Koch, Alexander Karl; … - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2008

Belief elicitation in economics experiments usually relies on paying subjects according to the accuracy of stated beliefs in addition to payments for other decisions. Such incentives, however, allow risk-averse subjects to hedge with their stated beliefs against adverse outcomes of other...

Persistent link: https://www.econbiz.de/10005859637

Does Ignorance of Economic Returns and Costs Explain the Educational Aspiration Gap? Evidence From Representative Survey Experiments

Lergetporer, Philipp; Werner, Katharina; Woessmann, Ludger - 2018

. 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

Educational Inequality and Public Policy Preferences: Evidence From Representative Survey Experiments

Lergetporer, Philipp; Werner, Katharina; Woessmann, Ludger - 2018

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

Earnings information and public preferences for university tuition: Evidence from representative experiments

Lergetporer, Philipp; Woessmann, Ludger - 2022

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