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Hübler, Olaf; Menkhoff, Lukas - 2010

Based on a sample of 467 asset managers from four countries we robustly find that women manage smaller funds than men, despite tough competition in this industry. Interestingly, the gender gap exists only for managers of smaller funds, i.e. at the lower end of the hierarchy, as quantile...

Persistent link: https://www.econbiz.de/10010269574

An Experimental Study of the POUM Hypothesis

Checchi, Daniele; Filippin, Antonio - 2003

period and individuals are not too risk averse. This paper tests the POUM hypothesis by means of a within subjects experiment … inequality aversion are (partially) controlled for via either the experiment design or the information collected during the … experiment. We find that the POUM hypothesis holds under alternative specifications, even when we control for individual fixed …

Persistent link: https://www.econbiz.de/10010261622

Other-Regarding Preferences and Performance Pay : An Experiment on Incentives and Sorting

Villeval, Marie-Claire; Eriksson, Tor - 2004

experiment that analyzes the influence of other-regarding preferences on sorting and incentives. Experimental evidence shows that …

Persistent link: https://www.econbiz.de/10010261940

A Nation-Wide Laboratory: Examining Trust and Trustworthiness by Integrating Behavioral Experiments into Representative Surveys

Fehr, Ernst; Fischbacher, Urs; von Rosenbladt, Bernhard; … - 2003

representative behavioral data from a social dilemma experiment. We identify which survey questions intended to elicit people's trust … correlate well with behaviorally exhibited trust in the experiment. People above the age of 65, highly skilled workers and …

Persistent link: https://www.econbiz.de/10010262013

Punishing Free-Riders : How Group Size Affects Mutual Monitoring and the Provision of Public Goods

Carpenter, Jeffrey P. - 2004

Because costly punishment is not credible, subgame perfection suggests that punishment will not deter free riding, regardless of the size or structure of groups. However, experiments show that people will punish free riders, even at considerable cost. To examine the implications of agents who...

Persistent link: https://www.econbiz.de/10010262078

Social Reciprocity

Carpenter, Jeffrey P.; Matthews, Peter Hans - 2004

altruism. Instead, we posit that social reciprocity is a triggered normative response. Our experiment confirms the existence of …

Persistent link: https://www.econbiz.de/10010271935

The Saving Behaviour of Two Person Households: Evidence from Dutch Panel Data

Euwals, Rob; Börsch-Supan, Axel; Eymann, Angelika - 2000

As wives generally are younger than their husbands, and as they also have a higher life expectancy, wives generally have larger incentives to save for old age than their husbands. This paper analyses the household members? attitudes towards saving for old age, and the relation with the household...

Persistent link: https://www.econbiz.de/10010262446

Wealth and asset holdings of immigrants in Germany

Sinning, Mathias - 2007

This paper examines the relative wealth position and the portfolio choices of immigrants in Germany. The empirical findings reveal significant differences in overall wealth and various wealth components between German natives and immigrants. Differences in real estate constitute the major part...

Persistent link: https://www.econbiz.de/10010268158

Flexible approximation of subjective expectations using probability questions: an application to the investment game

Bellemare, Charles; Bissonnette, Luc; Kröger, Sabine - 2007

We use spline interpolation to approximate the subjective cumulative distribution function of an economic agent over the future realization of a continuous (possibly censored) random variable. The method proposed exploits information collected using a small number of probability questions on...

Persistent link: https://www.econbiz.de/10010268457

Marriage and other risky assets: a portfolio approach

Bertocchi, Graziella; Brunetti, Marianna; Torricelli, … - 2009

We study the joint impact of gender and marital status on financial decisions. First, we test the hypothesis that marriage represents - in a portfolio framework - a sort of safe asset, and that this effect is stronger for women. Controlling for a number of observable characteristics, we show...

Persistent link: https://www.econbiz.de/10010268972

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