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The Impact of Risk Perception and Risk Attitudes on Corrupt Behavior : Evidence from a Petty Corruption Experiment
Mir Djawadi, Behnud - 2013
abstract from confounding effects of reciprocal behavior, we design an experiment where a public official decides upon … early periods. Risk attitudes measured with a subsequent lottery-choice experiment do not correlate with the behavior … observed in the corruption experiment. We explain our findings by a systematic underestimation of the overall probability of …
Persistent link: https://www.econbiz.de/10013081828
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Explaining the Favorite-Longshot Bias : Is it Risk-Love or Misperceptions?
Snowberg, Erik C. - 2011
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
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Performance Pay and Multi-Dimensional Sorting : Productivity, Preferences and Gender
Dohmen, Thomas J. - 2006
This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. In a first …
Persistent link: https://www.econbiz.de/10012780523
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Psychological Incentives, Financial Incentives, and Risk Attitudes in Tournaments : An Artefactual Field Experiment
Cadsby, Charles Bram - 2015
stimulate effort. Through a real-effort artefactual field experiment with factory workers and university students as a …
Persistent link: https://www.econbiz.de/10013009501
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Group (Re-)Formation in Public Good Games : The Tale of the Bad Apple
Grund, Christian - 2016
We analyze how different previous roles as partners or strangers in public good games affect an individual's subsequent cooperation in a partner setting. We systematically vary a group's composition from all individuals being partner over blended groups of partners and strangers to all...
Persistent link: https://www.econbiz.de/10012989189
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The Timing of Discretionary Bonuses : Effort, Signals, and Reciprocity
Boosey, Luke - 2018
In a real-effort experiment, we investigate how the timing of discretionary bonuses affects the relationship between …
Persistent link: https://www.econbiz.de/10012915741
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Are Attitudes Towards Economic Risk Heritable? Analyses Using the Australian Twin Study of Gambling
Le, Anh T. - 2010
This study employs multiple regression models based on DeFries and Fulker (1985), and a large sample of twins, to assess heritability in attitudes towards economic risk, and the extent to which this heritability differs between males and females. Consistent with Cesarini, Dawes, Johannesson,...
Persistent link: https://www.econbiz.de/10013145187
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Gambling and the Use of Credit : An Individual and Household Level Analysis
Brown, Sarah - 2010
We explore the relationship between gambling and other forms of risk-taking behaviour, i.e. exposure to debt and the … Expenditure and Food Surveys (EFS), 2001 to 2007. Gambling and the use of credit are shown to be positively correlated at the … household level. While both the incidence and amount of gambling vary according to household income, the positive association …
Persistent link: https://www.econbiz.de/10013146840
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Efficient Coordination in Weakest-Link Games
Riedl, Arno - 2012
Existing experimental research on behavior in weakest-link games shows overwhelmingly the inability of people to coordinate on the efficient equilibrium, especially in larger groups. We hypothesize that people are able to coordinate on efficient outcomes, provided they have sufficient freedom to...
Persistent link: https://www.econbiz.de/10013113085
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Framing Effects and Impatience : Evidence from a Large Scale Experiment
van der Heijden, Eline - 2013
We confront a representative sample of one 1,102 Dutch individuals with a series of incentivized investment decisions and also elicit their time preferences. There are two treatments that differ in the frequency at which individuals decide about the invested amount. The low frequency treatment...
Persistent link: https://www.econbiz.de/10013089008