Showing 1 - 10 of 248
's three color experiment and that subjects act more often in line with consequentialism than with dynamic consistency. …
Persistent link: https://www.econbiz.de/10011071929
concepts, we conduct a dynamic extension of Ellsbergʼs 3-color experiment. We find that more subjects act in line with …
Persistent link: https://www.econbiz.de/10011073068
Peter P. Wakker has forcefully shown the importance for decision theory of a condition that he called “Cardinal Coordinate Independence” (CCI). Indeed, when the outcome space is rich, he proved that, for continuous weak orders, this condition fully characterizes the Subjective Expected...
Persistent link: https://www.econbiz.de/10011072806
The article presents the state of art concerning demand artifacts in consumer behavioral research (actually it deals with the issue of role enactement of human subject during experimentation). Terms such as artifact and demand artifacts will be clarified in the paper. Finally, insights for...
Persistent link: https://www.econbiz.de/10010706718
Lighting and temperature are two important stimuli in sensory marketing. However, these stimuli have not yet been studied in controlled retail environments. The objective of this research is twofold: to propose a methodology to infer the effect of different levels of lighting and temperature in...
Persistent link: https://www.econbiz.de/10011144034
This research presents a new dimension of the auditor independence: the internal independence. Research has focused on clients and market pressures as kinds of external independence. This postulates that the organizational structure of legal audit is perfectly efficient and able to define and...
Persistent link: https://www.econbiz.de/10011073230
We evaluate the impact of three auction mechanisms – the Becker–DeGroot–Marschak (BDM) mechanism, the second-price auction (SPA), and the random nth-price auction (NPA) – in the measurement of private willingness-to-pay and willingness-to-accept for a pure public good. Our results show...
Persistent link: https://www.econbiz.de/10011162127
In this paper, we apply a multidimensional decomposition of the Gini index to the active and retired populations in France. The multi-decomposition of an inequality measure allows us to put into perspective the role of social spending and taxation in reducing inequalities simultaneously among...
Persistent link: https://www.econbiz.de/10010861583
Among inequalities in health, those which are explained by circumstances during childhood or parents' characteristics are recognized as inequalities of opportunities in health and are considered as the most unfair. Tackling health inequalities in later life and improving the underlying...
Persistent link: https://www.econbiz.de/10010861630
For any TU game and any ranking of players, the set of all preimputations compatible with the ranking, equipped with the Lorenz order, is a bounded join semi-lattice. Furthermore, the set admits as sublattice the S-Lorenz core intersected with the region compatible with the ranking. This result...
Persistent link: https://www.econbiz.de/10011228181