Showing 1 - 10 of 239
Persistent link: https://www.econbiz.de/10010191077
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 their score and the outcome of the competition. Conditional on the …
Persistent link: https://www.econbiz.de/10010373763
through self-assessment) to taking part in a mandatory competition predict individual willingness to participate in a … voluntary competition. We find that while the mandatory competition does increase stress levels, there is no gender difference … correlated with choosing to enter the voluntary competition for women. In Experiment 2 we exogenously induce stress using the …
Persistent link: https://www.econbiz.de/10010532607
-rate remuneration and a winner-takes-all competition. At the end of each round, those who compete get feedback on the competition …
Persistent link: https://www.econbiz.de/10011441727
than the outcome of competition. The fact that women are more likely to give up competing after a setback may help to …
Persistent link: https://www.econbiz.de/10011563051
adaptation levels relate to less positive emotions and less optimistic expectations about future price changes. The actual …. The adaptation level, by contrast, affects the actual investment decision indirectly via its impact on expectations. …
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
We experimentally investigate the determinants of overconfidence and test the hypothesis, advanced by Robert Trivers, that overconfidence serves to more effectively persuade or deceive others. After performing a cognitively challenging task, half of our subjects are informed about the...
Persistent link: https://www.econbiz.de/10011441641
This paper reports the results from a large-scale laboratory experiment investigating the impact of tournament incentives and wage gifts on creativity. We find that tournaments substantially increase creative output, with no evidence for crowding out of intrinsic motivation. By comparison, wage...
Persistent link: https://www.econbiz.de/10011479746