Showing 1 - 10 of 936
behavior over time and across situations. We tackle this task with an experiment and a structural model of preferences that …
Persistent link: https://www.econbiz.de/10012910745
Evidence on behavior of experts in credence goods markets raises an important causality issue: Do "fair prices" induce … "good behavior", or do "good experts" post "fair prices"? To answer this question we propose and test a model with three … selection and fixed effects regressions support the model's predictions and show that causality goes from good experts to fair …
Persistent link: https://www.econbiz.de/10013107208
as the main cause and design a parsimonious experiment with exogenous prices that allows classifying experts as either …
Persistent link: https://www.econbiz.de/10013153013
broken, and guilt is exacerbated by higher interaction prices. An experiment qualitatively confirms our predictions: (1) most … experts make the predicted promise; (2) proper promises induce consumer-friendly behavior; and (3) higher interaction prices …
Persistent link: https://www.econbiz.de/10013146471
This paper aims to measure differences in risk behavior among expert chess players. The study employs a panel data set on international chess with 1.4 million games recorded over a period of 11 years. The structure of the data set allows us to use individual fixed-effect estimations to control...
Persistent link: https://www.econbiz.de/10013147122
observed in the corruption experiment. We explain our findings by a systematic underestimation of the overall probability of … particular be true for petty corruption where small amounts of bribes are involved and the detection rate is rather low. To … abstract from confounding effects of reciprocal behavior, we design an experiment where a public official decides upon …
Persistent link: https://www.econbiz.de/10013081828
) and therefore subjects self-selected into the experiment. Because the structure of their training program reduced the …-selected adults and the adult trainees, suggesting that selection into this type of experiment is unlikely to bias inferences with …
Persistent link: https://www.econbiz.de/10013134817
When policymakers and private agents use models, the economists who design the model have an incentive to alter it in order to influence outcomes in a fashion consistent with their own preferences. I discuss some consequences of the existence of such ideological bias. In particular, I analyze...
Persistent link: https://www.econbiz.de/10013088344
A substantial body of research suggests that economists are less generous than other professionals and that economics students are less generous than other students. We address this question using administrative data on donations to social programs by students at the University of Washington....
Persistent link: https://www.econbiz.de/10013153174
In this paper, we re-examine the role of economic self-interest in shaping people's attitudes towards immigration, using data from the European Social Survey 2002/2003. Compared to the existing literature, there are two main contributions of the present paper. First, we develop a more powerful...
Persistent link: https://www.econbiz.de/10012779394