Showing 1 - 10 of 208
Empirical evidences show that investors tend to be biased toward investing in domestic (home bias) and local (local bias) stocks. Familiarity is considered to be one of the reasons. A similar concept was proposed by Goldstein and Gigerenzer (1999, 2002), known as the recognition heuristic: when...
Persistent link: https://www.econbiz.de/10010286463
Empirical evidences show that investors tend to be biased toward investing in domestic (home bias) and local (local bias) stocks. Familiarity is considered to be one of the reasons. A similar concept was proposed by Goldstein and Gigerenzer (1999, 2002), known as the recognition heuristic: "when...
Persistent link: https://www.econbiz.de/10008837944
Do individuals prefer to compete fairly, or unfairly with an opponent? We study individuals who can choose how to compete for one ex-post nonzero payoff. They can either nudge themselves into a fair set of rules where they have the same information and actions as their opponent, or into unfair...
Persistent link: https://www.econbiz.de/10011419476
Understanding how observers attribute intentionality to people in the focus of their attention helps in shedding light on punishment behavior. In this paper we approach impartial observers' attributions of intentionality and the attachment of praise and blame to perpetrators of external effects....
Persistent link: https://www.econbiz.de/10010271349
Weak paternalism commits protégés to their own plans. This experiment addresses the question of whether protégés judge weakly paternalistic acts primarily by means of their consequences or on principle grounds. Subjects receive a reward for showing up to the laboratory early the next morning...
Persistent link: https://www.econbiz.de/10010281641
Understanding how observers attribute intentionality to people in the focus of their attention helps in shedding light on punishment behavior. In this paper we approach impartial observers' attributions of intentionality and the attachment of praise and blame to perpetrators of external effects....
Persistent link: https://www.econbiz.de/10008511323
Weak paternalism commits protégés to their own plans. This experiment addresses the question of whether protégés judge weakly paternalistic acts primarily by means of their consequences or on principle grounds. Subjects receive a reward for showing up to the laboratory early the next morning...
Persistent link: https://www.econbiz.de/10008483753
of revealed preferences and the mechanism of vote with their feet of Tiebout (1956) migration patterns in Bavarian … counties are examined in more detail in order to assess the role of biodiversity for migration decision according to gender and … age. The results show a clear pattern for the demand for natural amenities within the migration decision. However, other …
Persistent link: https://www.econbiz.de/10010286470
of revealed preferences and the mechanism of 'vote with their feet' of Tiebout (1956) migration patterns in Bavarian … counties are examined in more detail in order to assess the role of biodiversity for migration decision according to gender and … age. The results show a clear pattern for the demand for natural amenities within the migration decision. However, other …
Persistent link: https://www.econbiz.de/10010884467
We study the determinants of borrowers' default in P2P lending with a new data set consisting of 70,673 loan observations from Lending Club. Previous research identified a number of default determining variables but did not distinguish between different loan risk levels. We define four loan risk...
Persistent link: https://www.econbiz.de/10011580464