Narrow search
Showing 1 - 10 of 236
Cover Image
The curse of knowledge increases self-selection into competition: Experimental evidence
Danz, David - 2014
-informed others. This paper presents a controlled experiment showing that this "curse of knowledge" can cause comparative …
Persistent link: https://www.econbiz.de/10010397879
Cover Image
Negotiation under the curse of knowledge
Pierrot, Thibaud - 2019
negotiation situations. We report the results of a laboratory experiment that was designed to isolate the effect of the curse of …
Persistent link: https://www.econbiz.de/10012141849
Cover Image
Aggregation and convergence in experimental general equilibrium economies constructed from naturally occurring preferences
Crockett, Sean; Friedman, Daniel; Oprea, Ryan - 2017
Prior laboratory experiments have studied general equilibrium economies constructed from "induced preferences" for artificial goods. We introduce new methods that allow us to study economies constructed instead from subjects' actual, "homegrown" preferences. Our subjects reveal their preferences...
Persistent link: https://www.econbiz.de/10011763083
Cover Image
Measuring Inequality Attitudes by Defective Leaky Buckets: A Comment
Seidl, Christian - 2003
Amiel et al. (1999) use the Atkinson and the Gini social welfare functions to measure income inequality attitudes based on data from leaky-bucket experiments. Yet the experimental de-sign does not allow their subjects to perceive income inequality according to the Gini or the Atkinson inequality...
Persistent link: https://www.econbiz.de/10010296225
Cover Image
Compensating justice beats leaky buckets: an experimental investigation
Camacho Cuena, Eva; Neugebauer, Tibor; Seidl, Christian - 2005
Leaky-bucket transactions can be regarded as income transfers allowing for transaction costs. In its most rudimentary form, leaky-bucket transactions trace out the maximum "leakage" of transaction costs before income inequality is exacerbated, or before a welfare loss is experienced. This notion...
Persistent link: https://www.econbiz.de/10010296242
Cover Image
An Experimental Investigation of Alternatives to Expected Utility Using Pricing Data
Morone, Andrea; Schmidt, Ulrich - 2006
Experimental research on decision making under risk has until now always employed choice data in order to evaluate the …
Persistent link: https://www.econbiz.de/10010296261
Cover Image
An Experimental Investigation of the Disparity between WTA and WTP for Lotteries
Traub, Stefan; Schmidt, Ulrich - 2006
may lead to contradictory results. The disparity is significantly reduced when background risk is introduced. That is …
Persistent link: https://www.econbiz.de/10010296262
Cover Image
Empirical Tests of Intransitivity Predicted by Models of Risky Choice
Birnbaum, Michael H.; Schmidt, Ulrich - 2006
Recently proposed models of risky choice imply systematic violations of transitivity of preference. Five studies explored whether people show patterns of intransitivity predicted by four descriptive models. To distinguish ?true? violations from those produced by ?error,? a model was fit in which...
Persistent link: https://www.econbiz.de/10010296263
Cover Image
Income Distributions versus Lotteries Happiness, Response-Mode Effects, and Preference
Seidl, Christian; Camacho Cuena, Eva; Morone, Andrea - 2003
from below receive decidedly higher ratings (which implies risk and inequality aversion), but lower valuations. The …
Persistent link: https://www.econbiz.de/10010296309
Cover Image
Friedman, Harsanyi, Rawls, Boulding - or Somebody Else?
Traub, Stefan; Seidl, Christian; Schmidt, Ulrich; … - 2003
This paper investigates distributive justice using a fourfold experimental design : The ignorance and the risk … became more inequality averse and one quarter left its behavior unchanged as umpires. In the risk scenario, subjects become … acceptance. For the risk scenario, the tax standard of behavior joins the favorite standards of behavior. …
Persistent link: https://www.econbiz.de/10010296310