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Click'n'roll : no evidence of illusion of control

Filippin, Antonio; Crosetto, Paolo - 2015

Evidence of Illusion of Control - the fact that people believe to have control over pure chance events - is a recurrent finding in experimental psychology. Results in economics find instead little to no support. In this paper we test whether this dissonant result across disciplines is due to the...

Persistent link: https://www.econbiz.de/10010517137

Measuring the willingness to pay to avoid guilt : estimation using equilibrium and stated belief models

Bellemare, Charles; Sebald, Alexander; Strobel, Martin - 2010

controlling for a possible source of a consensus effect. All models are estimated using data from an experiment of proposal and …

Persistent link: https://www.econbiz.de/10003941997

Randomizing endowments : an experimental study of rational expectations and reference-dependent preferences

Götte, Lorenz; Harms, Annette; Sprenger, Charles - 2014

expectations. We examine the predictions of Kőszegi and Rabin (2006) in the context of market experiments with probabilistic forced … exchange. The experiment tightly tests the predictions of Kőszegi and Rabin (2006), as when the probability of forced exchange … these theoretical predictions. In a series of experiments with a total of 930 subjects, sellers' valuations exceed buyers …

Persistent link: https://www.econbiz.de/10010436164

Alternative models of preference heterogeneity for elicited choice probabilities

Kettlewell, Nathan; Walker, Matthew J.; Hong il Yoo - 2024

Discrete choice experiments (DCEs) often present concise choice scenarios that may appear incomplete to respondents. To …

Persistent link: https://www.econbiz.de/10014494033

The shift premium : evidence from a discrete choice experiment

Desiere, Sam; Walter, Christian - 2023

shift premium. To this end, we included a discrete choice experiment in an online survey targeted at night and shift workers …

Persistent link: https://www.econbiz.de/10014365798

Unblurring the market for vision correction : a willingness to pay experiment in rural Burkina Faso

Grimm, Michael; Hartwig, Renate - 2018

We assess the willingness to pay (WTP) for eyeglasses in an adult population in rural Burkina Faso using a variant of the Becker-DeGroot-Marschak (BDM) method. We combine the BDM approach with video and deferred payment options to analyze the role of information and liquidity constraints....

Persistent link: https://www.econbiz.de/10011946940

"Buy-It-Now" or "Sell-It-Now" auctions : effects of changing bargaining power in sequential trading mechanisms

Grebe, Tim; Ivanova-Stenzel, Radosveta; Kröger, Sabine - 2015

offline markets. Despite very different strategic implications for buyers and sellers, results from our experiment suggest no …

Persistent link: https://www.econbiz.de/10011407823

Hedonic estimation under very general conditions using experimental and quasi-experimental designs

Rohlfs, Chris; Sullivan, Ryan; Kniesner, Thomas J. - 2013

This paper develops a generalized hedonic model in which an exogenous shock to a single product attribute can affect other attributes, the markets for the product's complements and substitutes, and aggregate quantity produced. These factors are shown to be empirically relevant and to cause bias...

Persistent link: https://www.econbiz.de/10009787341

Using survey questions to measure preferences : lessons from an experimental validation in Kenya

Bauer, Michal; Chytilová, Julie; Miguel, Edward - 2019

good predictors of choices in incentivized experiments, suggesting these measures are broadly experimentally valid. At the …

Persistent link: https://www.econbiz.de/10012027629

WTP vs. WTA : christmas presents and the endowment effect

Bauer, Thomas K. (contributor); … - 2008

Using data on the valuation of Christmas gifts received by students in different fields at a German university, we investigate whether the endowment effect differs between students of economics and other respondents and whether it varies with the market price of the object under consideration....

Persistent link: https://www.econbiz.de/10003779087