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value of overconfidence). We present first empirical evidence on the existence of a motivation value of absolute … overconfidence that many microeconomic models build on. Moreover, we document that debiasing information increases the accuracy of … offer a novel strategy for identifying significant overconfidence at the individual level. …
Persistent link: https://www.econbiz.de/10011870710
market success. We present a holistic view of how economic preferences are related within families. In an experiment with 544 …
Persistent link: https://www.econbiz.de/10012245060
Economic preferences - like time, risk and social preferences - have been shown to be very influential for real-life outcomes, such as educational achievements, labor market outcomes, or health status. We contribute to the recent literature that has examined how and when economic preferences are...
Persistent link: https://www.econbiz.de/10011798209
Laboratory experiments are a widely used methodology for advancing causal knowledge in the physical and life sciences. With the exception of psychology, the adoption of laboratory experiments has been much slower in the social sciences, although during the last two decades, the use of lab...
Persistent link: https://www.econbiz.de/10003909477
In this note, we present a novel computerized real effort task based on moving sliders across a screen which overcomes many of the drawbacks of existing real effort tasks. The task was first developed and used by us in Gill and Prowse (American Economic Review, forthcoming). We outline the...
Persistent link: https://www.econbiz.de/10009309478
There is little consensus on whether women are more generous than men; some research results indicate a higher propensity towards giving of female dictators, whilst others suggest the opposite. Two explanations have been put forward. According to the first one, women are more generous than men...
Persistent link: https://www.econbiz.de/10010488294
problem as well as in a real payoff money-burning experiment that can inform our understanding of moral preferences and …
Persistent link: https://www.econbiz.de/10011872604
our hypotheses with a lab experiment on a sequential pricing game. We find a striking difference in pricing behaviour …
Persistent link: https://www.econbiz.de/10014437914
We analyse risk preferences using an experiment with real incentives in a representative sample of 1,422 Dutch …
Persistent link: https://www.econbiz.de/10003811220
We show that socio-economic status (SES) is a powerful predictor of many facets of a child's personality. The facets of personality we investigate encompass time preferences, risk preferences, and altruism, as well as crystallized and fluid IQ. We measure a family's SES by the mother's and...
Persistent link: https://www.econbiz.de/10010510510