Showing 1 - 10 of 15
We investigate the impact of various audit schemes on the future provision of public goods, when contributing less than the average of the group is sanctioned exogenously and the probability of an audit is unknown. We study how individuals update their beliefs about the probability of being...
Persistent link: https://www.econbiz.de/10010333263
This paper's objective is to design a laboratory experiment to explore the effect of ambiguity on a subject's search … faced with ambiguity over wage distributions. …
Persistent link: https://www.econbiz.de/10010333340
ambiguity induces a significant increase in the performance of men who choose to compete, while we observe no change for women …. Men also increase their willingness to enter competition in the presence of ambiguity. Overall, both effects contribute to … men winning the tournament significantly more often than women under uncertainty and ambiguity. These findings suggest …
Persistent link: https://www.econbiz.de/10012059078
We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to …) and are less likely to save money. Experimental measures for risk and ambiguity attitudes are only weak predictors of …
Persistent link: https://www.econbiz.de/10010278559
individuals use this ambiguity strategically as a moral wiggle room to act less generously without feeling guilty. Such excuse … importance of excuse-driven behavior is comparable under ambiguity and under risk. Individuals exploit any type of uncertainty as …
Persistent link: https://www.econbiz.de/10012180062
Probabilistic risk beliefs are key drivers of economic and health decisions, but people are not always certain about their beliefs. We study these "imprecise probabilities", also known as ambiguous beliefs. We show that imprecision is measurable separately from the levels of risk beliefs. People...
Persistent link: https://www.econbiz.de/10014469382
, ambiguity, and competitiveness. Our subjects include migrants and non-migrants. We find that, migrants exhibit no differences … from non-migrants in risk and ambiguity preferences elicited using pairs of lotteries; however, migrants are significantly …
Persistent link: https://www.econbiz.de/10010377268
Whereas economists have made extensive studies of the impact of levels of incentives on behavior, they have paid little attention to the effects of regularity and frequency of incentives. We contrasted three ways of rewarding participants in a real-effort experiment in which individuals had to...
Persistent link: https://www.econbiz.de/10010285428
We study the attitudes of junior and senior employees towards strategic uncertainty and competition, by means of a market entry game inspired by Camerer and Lovallo (1999). Seniors exhibit higher entry rates compared to juniors, especially when earnings depend on relative performance. This...
Persistent link: https://www.econbiz.de/10010287655
We study the attitudes of junior and senior employees towards strategic uncertainty and competition, by means of a market entry game inspired by Camerer and Lovallo (1999). Seniors exhibit higher entry rates compared to juniors, especially when earnings depend on relative performance. This...
Persistent link: https://www.econbiz.de/10010884197