Showing 1 - 10 of 1,316
This paper examines the effects of alternative assumptions regarding the curvature of utility upon estimated discount … the Holt and Laury method for risk. The results demonstrate that utility elicited directly from choice over time is … significantly concave, but far closer to linear than utility elicited under risk. As a result, the effect of adjusting discount …
Persistent link: https://www.econbiz.de/10012062699
This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for money or to save mice. We compare a Baseline treatment where subjects are fully pivotal to a Diffused-Pivotality treatment where subjects simultaneously choose in groups of...
Persistent link: https://www.econbiz.de/10009755329
Understanding the roots of human cooperation among strangers is of great importance for solving pressing social dilemmas and maintening public goods in human societies. We study the development of cooperation in 929 young children, aged 3 to 6. In a unified experimental framework, we examine...
Persistent link: https://www.econbiz.de/10012550258
experiment with 743 subjects whether small-scale, seemingly negligible, events also affect the formation of risk preferences. In … second lottery almost a year later. The same pattern emerges in another experiment with 136 subjects where the second lottery …
Persistent link: https://www.econbiz.de/10012607807
About 15 years ago, economic experiments with children and adolescents were considered as an extravagant niche of economic research. Since then, this type of research has exploded in scope and depth. It has become clear that studying the development of economic behavior and its determinants is...
Persistent link: https://www.econbiz.de/10011949208
which differentiates our experiment from previous ones. We control, first, for inter-individual performance differences …
Persistent link: https://www.econbiz.de/10012390466
We extend the literature structurally estimating social preferences by accounting for the desire to adhere to social norms. Our representative agent is strongly motivated by norms and failing to account for this causes us to overestimate how much agents care about helping those who are worse...
Persistent link: https://www.econbiz.de/10013412658
candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …. -- Reference points ; expectations ; loss aversion ; risk aversion ; disappointment ; experiment …
Persistent link: https://www.econbiz.de/10003794106
conducted an online choice experiment to characterize preferences for the morality and efficiency of payments to kidney donors …
Persistent link: https://www.econbiz.de/10011531908
We consider the notions of static and dynamic reasonableness of requests in a trust game experiment. We vary …
Persistent link: https://www.econbiz.de/10011531913