Similar Search Results

Diagnostic uncertainty and insurance coverage in credence goods markets

Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2020 - This version: 5 November 2020

Credence goods markets - like for health care or repair services - with their informational asymmetries between sellers and customers are prone to fraudulent behavior of sellers and resulting market inefficiencies. We present the first model that considers both diagnostic uncertainty of sellers...

Persistent link: https://www.econbiz.de/10012311343

The stability of conditional cooperation : egoism trumps reciprocity in social dilemmas

Andreozzi, Luciano; Ploner, Matteo; Saral, Ali Seyhun - 2019

An often-replicated result in the experimental literature on social dilemmas is that a large share of subjects reveal conditionally cooperative preferences. Cooperation generated by this type of preferences is notoriously unstable, as individuals reduce their contributions to the public good in...

Persistent link: https://www.econbiz.de/10012107753

Homophily and transmission of behavioral traits in social networks

Bhargava, Palaash; Chen, Daniel L.; Sutter, Matthias; … - 2023

Social networks are a key factor of success in life, but they are also strongly segmented on gender, ethnicity, and other demographic characteristics (Jackson, 2010). We present novel evidence on an understudied source of homophily: behavioral traits. Behavioral traits are important determinants...

Persistent link: https://www.econbiz.de/10014245892

The fairness of inequality due to risk and effort choices

Sterba, Maj-Britt - 2022

. The fairness people assign to inequalities due to effort and external circumstances is widely studied. Insights on the … fairness of inequalities due to self-chosen effort and self-chosen risk, however, are lacking. I study a novel experimental … inequality is mostly seen as fair, around 10% of third-party redistribution decisions are in line with a fairness norm that only …

Persistent link: https://www.econbiz.de/10013252893

Transparency and fairness in school choice mechanisms

Hermstrüwer, Yoan - 2019

assumptions in matching theory, I show that the Boston mechanism improves perceived fairness. These results underscore the … importance of procedural information and suggest that eliminating justified envy may not be a sufficient condition of fairness. …

Persistent link: https://www.econbiz.de/10012041733

Manna from heaven for judges : judges' reaction to a quasi-random reduction in caseload

Engel, Christoph; Weinshall, Keren - 2020

What is the impact of caseload on judicial decision-making? Is increasing judicial staff effective in improving judicial services? To address these questions, we exploit a natural, near-randomized experiment in the Israeli judiciary. In 2012, six senior registrars were appointed in two of the...

Persistent link: https://www.econbiz.de/10012153370

The formation of risk preferences throughs small-scale events

Angerer, Silvia; Dutcher, E. Glenn; Glätzle-Rützler, … - 2021

Large, macroeconomic shocks in the past have been shown to influence economic decisions in the present. We study in an experiment with 743 subjects whether small-scale, seemingly negligible, events also affect the formation of risk preferences. In line with a reinforcement learning model, we...

Persistent link: https://www.econbiz.de/10012657858

Children's patience and schooltrack choices several years later : linking experimental and field data

Angerer, Silvia; Bolvashenkova, Jana; … - 2021

We present direct evidence on the link between children's patience and educational-track choices years later. Combining an incentivized patience measure of 493 primary-school children with their high-school track choices taken at least three years later at the end of middle school, we find that...

Persistent link: https://www.econbiz.de/10012584079

Religion and tradition in conflict : experimentally testing the power of social norms to invalidate religious law

Engel, Christoph; Heine, Klaus; Naseer, Shaheen - 2021

Often, religion, law and tradition co-evolve. Religious precepts shape social practice, which translates into law. Yet this harmony is not universal. The Sharia guarantees daughters their share in the family estate. Yet in Pakistan, this rule clashes with tradition. While the country was jointly...

Persistent link: https://www.econbiz.de/10012584085

The roots of cooperation

Bašić, Zvonimir; Bindra, Parampreet Christopher; … - 2021 - This version: 10 June 2021

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/10012584102