Showing 1 - 10 of 320
We examine in an experiment the causes, consequences and possible cures of myopic loss aversion (MLA) for investment … behaviour under risk. We find that both, investment horizons and feedback frequency contribute almost equally to the effects of … MLA. Longer investment horizons and less frequent feedback lead to higher investments. However, when given the choice …
Persistent link: https://www.econbiz.de/10005432667
We study portfolio diversification in an experimental decision task, where asset returns depend on a draw from an ambiguous urn. Holding other information identical and controlling for the level of ambiguity, we find that labeling assets as being familiar or from the homeland of subjects...
Persistent link: https://www.econbiz.de/10010839580
Myopic loss aversion (MLA) has been found to play a persistent role for investment behavior under risk. We study …
Persistent link: https://www.econbiz.de/10010632924
belief about the own rank in a real effort task, and subjects' risk preferences. In this paper I am able to replicate these …
Persistent link: https://www.econbiz.de/10010684334
In this paper we experimentally test skewness preferences at the individual level. Several prospects that can be … ordered with respect to the third-degree stochastic dominance (3SD) criterion are ranked by the participants of the experiment …
Persistent link: https://www.econbiz.de/10004965212
experiment is related to children’s risk attitudes and intertemporal choices. Examining such a relationship is motivated by … theories of reciprocal altruism that provide a cornerstone for understanding human social behavior. We find that higher risk …
Persistent link: https://www.econbiz.de/10010889827
We conduct a laboratory experiment with a constant-sum sender-receiver game to investigate the impact of individuals …
Persistent link: https://www.econbiz.de/10010942533
a prisoner's dilemma game affects behavior and leads to discrimination. Running a framed field experiment with 828 six …
Persistent link: https://www.econbiz.de/10011274372
We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games …
Persistent link: https://www.econbiz.de/10008599222
In markets where transactions are governed by contractual incompleteness, revealed intentions to evade taxes may affect market performance. We experimentally examine the impact of tax evasion attempts on the performance of credence goods markets, where contractual incompleteness results from...
Persistent link: https://www.econbiz.de/10010839569