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A parametric analysis of prospect theory's functionals for the general population
Booij, Adam S.; van Praag, Bernard M. S.; van de … - 2009
This paper presents the results of an experiment that completely measures the utility function and probability … individuals are found to be more risk averse, in agreement with common findings. Unlike previous studies that ascribed gender …
Persistent link: https://www.econbiz.de/10010277017
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Trust and trustworthiness under the prospect theory: A field experiment in Vietnam
Nguyen, Quang; Villeval, Marie-Claire; Xu, Hui - 2012
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/10010289986
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Incentive effects on risk attitude in small probability prospects
Lefèbvre, Mathieu; Vieider, Ferdinand M.; Villeval, … - 2009
prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …
Persistent link: https://www.econbiz.de/10010277023
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A Parametric Analysis of Prospect Theory's Functionals for the General Population
Booij, Adam S.; Praag, Bernard M. S. van; van de … - Institute for the Study of Labor (IZA) - 2009
This paper presents the results of an experiment that completely measures the utility function and probability … individuals are found to be more risk averse, in agreement with common findings. Unlike previous studies that ascribed gender …
Persistent link: https://www.econbiz.de/10005822425
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Individual risk attitudes: new evidence from a large, representative, experimentally-validated survey
Dohmen, Thomas - 2005
the behavioral relevance of this survey measure by conducting a complementary field experiment, based on a representative …
Persistent link: https://www.econbiz.de/10010267371
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The ratio bias phenomenon: fact or artifact?
Lefèbvre, Mathieu; Vieider, Ferdinand M.; Villeval, … - 2009
The ratio bias - according to which individuals prefer to bet on probabilities expressed as a ratio of large numbers to normatively equivalent or superior probabilities expressed as a ratio of small numbers - has recently gained momentum, with researchers especially in health economics...
Persistent link: https://www.econbiz.de/10010277022
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The Sound of Others: Surprising Evidence of Conformist Behavior
Crosetto, Paolo; Filippin, Antonio - 2015
It has been shown that subjects tend to follow others' behavior even when the external signals are uninformative. In this paper we go one step further, showing that conformism occurs even when the choices of others are not even presented to the subjects, but just indirectly perceived. We use the...
Persistent link: https://www.econbiz.de/10010531723
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The Sound of Others: Surprising Evidence of Conformist Behavior
Crosetto, Paolo; Filippin, Antonio - Institute for the Study of Labor (IZA) - 2015
It has been shown that subjects tend to follow others' behavior even when the external signals are uninformative. In this paper we go one step further, showing that conformism occurs even when the choices of others are not even presented to the subjects, but just indirectly perceived. We use the...
Persistent link: https://www.econbiz.de/10011274368
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Incentive Effects on Risk Attitude in Small Probability Prospects
Lefèbvre, Mathieu; Vieider, Ferdinand M.; Villeval, … - Institute for the Study of Labor (IZA) - 2009
prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …
Persistent link: https://www.econbiz.de/10008527318
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Performance pay and multi-dimensional sorting: productivity, preferences and gender
Dohmen, Thomas; Falk, Armin - 2006
This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. In a first … preferences, gender and personality. We also elicit self-reported measures of work effort, stress and exhaustion. Our main … into tournaments. Sixth, variable pay schemes attract men more than women, a difference that is partly explained by gender …
Persistent link: https://www.econbiz.de/10010267618