Showing 1 - 10 of 1,479
experiment, we let third parties redistribute resources between two stakeholders who could earn money either by choosing a safe …
Persistent link: https://www.econbiz.de/10011744589
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
Andreoni and Sprenger (in press) report evidence that distinct utility functions govern choices under certainty and risk. I investigate the robustness of their result to the experimental design. I find that the effect disappears completely when a multiple price list is used instead of a convex...
Persistent link: https://www.econbiz.de/10010287584
-scale experiment. Choices react significantly to the stakes and to the size of the choice set. Our experiment rationalizes the gender …
Persistent link: https://www.econbiz.de/10010287720
present a large-scale experiment with 883 children and adolescents, aged eight to seventeen years. Participants make decisions …
Persistent link: https://www.econbiz.de/10010269867
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
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
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
This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for money or to save mice. We compare a Baseline treatment where subjects are fully pivotal to a Diffused-Pivotality treatment where subjects simultaneously choose in groups of...
Persistent link: https://www.econbiz.de/10010319464
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