Showing 1 - 10 of 517
-price (English) auctions with independent private values. In a laboratory experiment, we find that individuals overbid more than …
Persistent link: https://www.econbiz.de/10012500699
As technology-assisted decision-making is becoming more widespread, it is important to understand how the algorithmic … nature of the decisionmaker affects how decisions are perceived by the affected people. We use a laboratory experiment to … study the preference for human or algorithmic decision makers in re-distributive decisions. In particular, we consider …
Persistent link: https://www.econbiz.de/10014495065
Matching markets can be unstable when individuals prefer to be matched to a partner who also wants to be matched with … them. Through a pre-registered and theory-guided laboratory experiment, we provide evidence that such reciprocal … preferences exist, significantly decrease stability in matching markets, and are driven both by belief-based and preference …
Persistent link: https://www.econbiz.de/10014476792
require more measurements than existing methods if identical assumptions are imposed. In an experiment, we illustrate how the …
Persistent link: https://www.econbiz.de/10014478410
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
This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for …
Persistent link: https://www.econbiz.de/10009763127
Existing theoretical and experimental studies have established that unanimity is a poor decision rule for promoting … responsibility for the committee's decision is equally distributed across all agents. We test our predictions in a controlled … laboratory experiment. As predicted, if unanimity is required, subjects are more truthful, respond more to others' messages, and …
Persistent link: https://www.econbiz.de/10011696383
decision-making process of hiring committees within a large private company. In the hiring process, committee members first … decision. We find that committees' final hiring decisions are systematically less aligned with the initial recommendations of …
Persistent link: https://www.econbiz.de/10014480222
I show theoretically that applying the model of Köszegi and Rabin (2006) to a simple purchasing decision where … have a salient market price or no market price outside of the experiment. …
Persistent link: https://www.econbiz.de/10010407309
We test the effects of dual processing differences in both individual traits and decision states on risk taking. In an … experiment with a large representative sample (N = 1,832), we vary whether risky choices are induced to be based on either … emotion or reason, while simultaneously measuring individual decision-making traits. Our results show that decision …
Persistent link: https://www.econbiz.de/10012118611