Showing 1 - 10 of 74
We combine data from a risk preference elicitation experiment conducted on a representative sample via the Internet with laboratory data on student subjects for the same experiment in order to investigate effects of implementation mode and of subject pool selection. We find that the frequency of...
Persistent link: https://www.econbiz.de/10011090335
We analyse risk preferences using an experiment with real incentives in a representative sample of 1,422 Dutch respondents. Our econometric model incorporates four structural parameters that vary with observed and unobserved characteristics: Utility curvature, loss aversion, preferences towards...
Persistent link: https://www.econbiz.de/10011090573
In the paper the impact of R&D cooperation on prices in experimental duopoly markets is examined.As a theoretical benchmark for the experiment, a two-stage duopoly model with an R&D stage with technological spillovers and a pricing stage is used.For two scenarios of technological spillovers (no...
Persistent link: https://www.econbiz.de/10011092740
We examine an experimental gift exchange game in which the players can improve upon the unique no-gifts equilibrium through cooperative gift giving. The main feature of the study is that there are two different types of gift exchange, which we call simple and complex exchange, respectively....
Persistent link: https://www.econbiz.de/10011092741
In the linear model y = X + " under the restriction C = 0 a canonical partition C = [C0;C1] of the rows of C admits a simple representation of linear subspaces of values = X . Its use is shown for the identification, estimating and testing of linear combinations DB. Results are derived without...
Persistent link: https://www.econbiz.de/10011092837
Persistent link: https://www.econbiz.de/10011090556
In the area of computer simulation, Latin hypercube designs play an important role. In this paper the classes of maximin and Audze-Eglais Latin hypercube designs are considered. Up to now only several two-dimensional designs and a few higher dimensional designs for these classes have been...
Persistent link: https://www.econbiz.de/10011090728
This paper analyzes data for a random sample drawn from the Dutch population who reveal their propensity to invest and reward investments in building up social capital by means of an economic experiment.We find substantial heterogeneity and asymmetries in the propensity to invest and in the...
Persistent link: https://www.econbiz.de/10011090840
We experimentally investigate the development of voluntary transfers in an overlapping generations environment. By varying the information conditions of the game, we study whether the development of transfers is related to the possibility of future generations to monitor and reciprocate...
Persistent link: https://www.econbiz.de/10011090845
The problem of finding a maximin Latin hypercube design in two dimensions can be described as positioning n non-attacking rooks on an n x n chessboard such that the minimal distance between pairs of rooks is maximized.Maximin Latin hypercube designs are important for the approximation and...
Persistent link: https://www.econbiz.de/10011090862