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Cross-game Learning and Cognitive Ability in Auctions

Giebe, Thomas; Ivanova-Stenzel, Radosveta; Kocher, Martin G. - 2022

Overbidding in sealed-bid second-price auctions (SPAs) has been shown to be persistent and associated with cognitive ability. We study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account cognitive skills. Employing an order-balanced design, we...

Persistent link: https://www.econbiz.de/10014467730

(Dis)honesty and the Value of Transparency for Campaign Promises

Lang, Matthias; Schudy, Simeon - 2023

Promise competition is prevalent in many economic environments, but promise keeping is often difficult to observe. We study the value of transparency for promise competition and ask whether promises still offer an opportunity to honor future obligations when outcomes do not allow for observing...

Persistent link: https://www.econbiz.de/10014467742

Time Pressure and Regret in Sequential Search

Klimm, Felix; Kocher, Martin G.; Opitz, Timm; Schudy, Simeon - 2022

Perceived urgency and regret are common in many sequential search processes; for example, sellers often pressure buyers in search of the best offer, both time-wise and in terms of potential regret of forgoing unique purchasing opportunities. theoretically, these strategies result in anticipated...

Persistent link: https://www.econbiz.de/10014467769

Commitment Requests Do Not Affect Truth-Telling in Laboratory and Online Experiments

Cagala, Tobias; Glogowsky, Ulrich; Rincke, Johannes; … - 2023

Using a standard cheating game, we investigate whether the request to sign a no-cheating declaration affects truth-telling. Our design varies the content of a no-cheating declaration (reference to ethical behavior vs. reference to possible sanctions) and the type of experiment (online vs....

Persistent link: https://www.econbiz.de/10014467780

Motivated Procrastination

Cordes, Charlotte; Friedrichsen, Jana; Schudy, Simeon - 2023

to complete. This study provides a rigorous empirical test for this notion of `motivated procrastination'. In a …, and looms largest for decision makers who tend to not acquire information that may include negative news. …

Persistent link: https://www.econbiz.de/10014467805

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

The political economy of higher education finance: How information and design affect public preferences for tuition

Lergetporer, Philipp; Woessmann, Ludger - 2019

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

Do party positions affect the public's policy preferences?

Grewenig, Elisabeth; Lergetporer, Philipp; Werner, Katharina - 2019

, implying endogeneity of policy preferences. The information treatment also affects non-partisan swing voters. …

Persistent link: https://www.econbiz.de/10012141855