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It is widely hypothesized that anxiety and worry about an uncertain future lead to the adoption of comforting beliefs …
Persistent link: https://www.econbiz.de/10012026094
understand the formation of such views and find levers to affect them, we study the role of attention. In a large online … experiment, we investigate how subjects allocate their visual attention to the contributions of merit and luck in the generation … less attention to information about true merit and retain more of the surplus. Both the attentional and behavioral patterns …
Persistent link: https://www.econbiz.de/10012591312
performance in a structured face-to-face interaction. Privately elicited beliefs show that informed participants are 50% more …
Persistent link: https://www.econbiz.de/10011441641
Almost two in 10 adults in the U.S. and Europe are, at any moment in time, diagnosed with a mental illness. This paper asks whether mental illness is over- (or under-) diagnosed, by looking at its causal effect on individuals at the margin of diagnosis. We follow all Swedish men born between...
Persistent link: https://www.econbiz.de/10012665941
differently to acute stressors. We use two laboratory experiments to investigate whether factors related to stress can help …
Persistent link: https://www.econbiz.de/10010532607
We conduct an experiment to test whether the size of a loss and the time in a losing position affect investors’ adaptation to the loss situation and, subsequently, whether this adaptation affects future investment decisions. As investors adapt to losses, their neutral reference point shifts...
Persistent link: https://www.econbiz.de/10011377365
We study experimentally whether the endowment effect survives in a social and strategic context. Participants are asked for their Willingness-to-Accept (WTA) or Willingness-to-Pay (WTP) to play a series of 2x2 games. In the second part of the experiment, we study the endowment effect in...
Persistent link: https://www.econbiz.de/10011339153
Persistent link: https://www.econbiz.de/10009722686
How do people react to setbacks and successes? I introduce a new measure of challenge-seeking to determine the effect of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment compete in two-person tournaments and are then informed of...
Persistent link: https://www.econbiz.de/10010373763
I study how gender differences in willingness to compete evolve over time in response to experience. Participants in a lab experiment perform the same real-effort task over several rounds. In each round, they have to choose between piece-rate remuneration and a winner-takes-all competition. At...
Persistent link: https://www.econbiz.de/10011441727