Showing 1 - 10 of 44
We use experiments to test comparative statics predictions of canonical tournament theory. Both the roles of principal and agent are populated by human subjects, allowing us to test predictions for both incentive responses and optimal tournament design. Consistent with theory, we observed an...
Persistent link: https://www.econbiz.de/10013111204
We study with a sample of 1,070 primary school children, aged seven to eleven years, how altruism in a donation … 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 to understand human social behavior. We find that higher risk …
Persistent link: https://www.econbiz.de/10013057045
The paper investigates the role of social norms as a determinant of individual attitudes by analyzing risk proclivity reported by immigrants and natives in a unique representative German survey. We employ factor analysis to construct measures of immigrants' ethnic persistence and assimilation....
Persistent link: https://www.econbiz.de/10012777919
This paper explores inequalities in IQ and economic preferences between children from high and low socio-economic status (SES) families. We document that children from high SES families are more intelligent, patient and altruistic, as well as less risk-seeking. To understand the underlying...
Persistent link: https://www.econbiz.de/10012942093
, positive and negative reciprocity, altruism, and trust. We collected these preference data as well as a rich set of covariates …
Persistent link: https://www.econbiz.de/10013011171
It is unlikely that husbands and wives always agree on exactly what public goods to buy. Nor do they necessarily agree on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor supply behavior of a couple in a non-cooperative setting...
Persistent link: https://www.econbiz.de/10013158087
The favorite-longshot bias describes the longstanding empirical regularity that betting odds provide biased estimates of the probability of a horse winning - longshots are overbet, while favorites are underbet. Neoclassical explanations of this phenomenon focus on rational gamblers who overbet...
Persistent link: https://www.econbiz.de/10013133624
economically important ways. To test this, we designed a controlled experiment using first year college students who made choices …
Persistent link: https://www.econbiz.de/10013118042
We study the influence of risk and time preferences on trust and trustworthiness by conducting a field experiment in …
Persistent link: https://www.econbiz.de/10013099719
We study whether natural disasters affect risk-taking behavior exploiting geographic variation in exposure to natural disasters. We conduct standard risk games (using real money) with randomly selected individuals in Indonesia and find that individuals who recently suffered a flood or earthquake...
Persistent link: https://www.econbiz.de/10013099808