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Self-assessment : the role of the social environment
Falk, Armin; Kosse, Fabian; Schildberg-Hörisch, Hannah; … - 2020
This study presents descriptive and causal evidence on the role of the social environment in shaping the accuracy of self-assessment. We introduce a novel incentivized measurement tool to measure the accuracy of self-assessment among children and use this tool to show that children from high...
Persistent link: https://www.econbiz.de/10012237545
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Can a bonus overcome moral hazard? : an experiment on voluntary payments, competition, and reputation in markets for expert services
Angelova, Vera; Regner, Tobias - 2017
Interactions between players with private information and opposed interests are often prone to bad advice and inefficient outcomes, e.g. markets for financial or health care services. In a deception game we investigate experimentally which factors could improve advice quality. Besides advisor...
Persistent link: https://www.econbiz.de/10011697162
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The choice of institutions to solve cooperation problems : a survey of experimental research
Dannenberg, Astrid; Gallier, Carlo - 2019
in prisoners' dilemmas, public goods games, and common pool resource games. Participants in these experiments have the …
Persistent link: https://www.econbiz.de/10012010646
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Who cares about social image?
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/10011895829
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Minority protection in voting mechanisms : experimental evidence
Engelmann, Dirk; Grüner, Hans Peter; Hoffmann, Timo; … - 2023
chosen under the veil of ignorance and whether there are systematic biases in these choices. In our experiment, individuals …
Persistent link: https://www.econbiz.de/10014476824
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Confidence and career choices : an experiment
Barron, Kai; Gravert, Christina - 2019 - Revised January 2019
Confidence is often seen as the key to success. Empirical evidence about how such beliefs about one's abilities causally map into actions is, however, sparse. In this paper, we experimentally investigate the causal effect of an increase in confidence about one's own ability on two central...
Persistent link: https://www.econbiz.de/10011964220
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Price dynamics and trader overconfidence
Ahrens, Steffen; Bosch-Rosa, Ciril; Roulund, Rasmus Pank - 2019
and asset market bubbles. So far, most of the finance literature takes overconfidence as a given, "static" personality …
Persistent link: https://www.econbiz.de/10012034133
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Personality traits and cognitive ability in political selection
Jokela, Markus; Meriläinen, Jaakko; Tukiainen, Janne; … - 2023 - February 2023 (first version July 2022, second version August 2022)
We present the first comprehensive evidence on the role of cognitive ability and personality traits in the selection of … office-eligible population in both intelligence and personality tests that capture three dimensions of cognitive and seven … also assess the relative importance of cognitive abilities and personality traits, present evidence of no trade …
Persistent link: https://www.econbiz.de/10013280142
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Beliefs and actions in the trust game : creating instrumental variables to estimate the causal effect
Costa-Gomes, Miguel A.; Huck, Steffen; Weizsäcker, Georg - 2012
of the relevant events. We conduct trust game experiments where the amount sent back by the second player (trustee) is … other agents' behavior. A growing number of surveys and experiments ask participants to state beliefs explicitly but little … ; trust game ; instrumental variables ; belief elicitation …
Persistent link: https://www.econbiz.de/10009583740
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Individual differences and contribution sequences in threshold public goods
Schüssler, Katharina; Schüßler, Michael; Mühlbauer, … - 2018
personality traits help to explain the observed contribution sequences. …
Persistent link: https://www.econbiz.de/10011900072