Showing 1 - 10 of 415
making in teams. I find in an investment experiment that individual decisions with salient group membership are largely the …
Persistent link: https://www.econbiz.de/10005032010
We perform a comparative analysis of five incentivized tasks used to elicit risk preferences. Theoretically, we compare the elicitation methods in terms of completeness of the range of the estimates as well as their precision, the likelihood of triggering loss aversion, and problems arising when...
Persistent link: https://www.econbiz.de/10010291845
Social lotteries are lotteries that are played along with someone else. The experimental literature indicates that risk attitudes depend on how one's situation in the safe alternative compares to that of a peer. Evaluation of the risky alternative also depends on whether the lottery gives equal...
Persistent link: https://www.econbiz.de/10011348199
We study in an experiment whether humans prefer to depend on decisions of other humans (social uncertainty) or states … other humans. This is the first experiment that studies social uncertainty that does not derive from a strategic situation …
Persistent link: https://www.econbiz.de/10011419479
able to explain a large part of the under-representation of women in tournament like environments. We conduct an experiment … be gender neutral. After controlling for differences in performance, risk attitudes, and overconfidence, we find that …-sex groups given different incentive schemes. Furthermore, we report the results of a framed field experiment, where we explore a …
Persistent link: https://www.econbiz.de/10010274055
externality and an opportunity for free riding. We conduct a laboratory experiment to investigate whether group size and the …
Persistent link: https://www.econbiz.de/10010274057
Absentmindedness is a special case of imperfect recall which according to Piccione and Rubinstein (1997a) leads to time inconsistencies. Aumann, Hart and Perry (1997a) question their argument and show how dynamic inconsistencies can be resolved. The present paper explores this issue from a...
Persistent link: https://www.econbiz.de/10010277338
We perform a comparative analysis of five incentivized tasks used to elicit risk preferences. Theoretically, we compare the elicitation methods in terms of completeness of the range of the estimates as well as their precision, the likelihood of triggering loss aversion, and problems arising when...
Persistent link: https://www.econbiz.de/10010610507
Absentmindedness is a special case of imperfect recall which according to Piccione and Rubinstein (1997a) leads to time inconsistencies. Aumann, Hart and Perry (1997a) question their argument and show how dynamic inconsistencies can be resolved. The present paper explores this issue from a...
Persistent link: https://www.econbiz.de/10008511322
externality and an opportunity for free riding. We conduct a laboratory experiment to investigate whether group size and the …
Persistent link: https://www.econbiz.de/10008464023