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More effort with less pay : on information avoidance, belief design and performance

Huck, Steffen; Szech, Nora; Wenner, Lukas M. - 2015

In a tedious real effort task, agents can choose to receive information about their piece rate that is either low or ten times higher. One third of subjects deliberately decide to forego this instrumental information, revealing a preference for information avoidance. Strikingly, agents who face...

Persistent link: https://www.econbiz.de/10011284957

More effort with less pay : on information avoidance, belief design and performance

Huck, Steffen; Szech, Nora; Wenner, Lukas M. - 2015 - June 2015, revised September 2015

In a tedious real effort task, subjects know that their piece rate is either low or ten times higher. When subjects are informed about their piece rate realization, they adapt their performance. One third of subjects nevertheless forego this instrumental information when given the choice - and...

Persistent link: https://www.econbiz.de/10011340265

Motivated political reasoning: the formation of belief-value constellations

Barron, Kai; Becker, Anna; Huck, Steffen - 2021

process of motivated political reasoning in a preregistered online experiment with a nationally representative sample of 1 …

Persistent link: https://www.econbiz.de/10012793076

Everyday econometricians : selection neglect and overoptimism when learning from others

Barron, Kai; Huck, Steffen; Jehiel, Philippe - 2019

There are many important decision problems where learning through experimentation is costly or impossible. In these situations, individuals may try to learn from observing the outcomes of others who have made similar decisions. Often, however, information about others comprises a selected...

Persistent link: https://www.econbiz.de/10011982107

More effort with less pay : on information avoidance, optimistic beliefs, and performance

Huck, Steffen; Szech, Nora; Wenner, Lukas M. - 2017

avoidance in a real-effort setting. Our experiment offers three main results. First, we confirm that preferences for avoidance …

Persistent link: https://www.econbiz.de/10011751477

Learning through period and physical time

Backhaus, Teresa; Huck, Steffen; Leutgeb, Johannes Josef; … - 2022

We demonstrate in a laboratory experiment in which subjects play a two-player Cournot-Tullock game over hundreds of …

Persistent link: https://www.econbiz.de/10013326949

Comparing charitable fundraising schemes : evidence from a field experiment and a structural model

Huck, Steffen; Rasul, Imran; Shephard, Andrew - 2012

We present evidence from a natural field experiment and structural model designed to shed light on the efficacy of … conclude by providing evidence from a follow-up field experiment designed to probe further the question why lead donors are so … effective in inducing others to give. -- charitable giving ; field experiment ; structural estimation …

Persistent link: https://www.econbiz.de/10009630088

Comparing charitable fundraising schemes : evidence from a natural field experiment and a structural model

Huck, Steffen; Rasul, Imran; Shephard, Andrew - 2013 - Revised August 2013

We present evidence from a natural field experiment and structural model designed to shed light on the efficacy of … individual donations. We conclude by providing evidence from a follow-up natural field experiment designed to probe further the …

Persistent link: https://www.econbiz.de/10010127227

The standard portfolio choice problem in Germany

Huck, Steffen; Schmidt, Tobias; Weizsäcker, Georg - 2014

We study an investment experiment conducted with a representative sample of German households. Respondents invest in a …

Persistent link: https://www.econbiz.de/10010413601

The standard portfolio choice problem in Germany

Breunig, Christoph; Huck, Steffen; Schmidt, Tobias; … - 2019

We study an investment experiment with a representative sample of German households. Respondents invest in a safe asset …

Persistent link: https://www.econbiz.de/10012064672