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On whom would I want to depend; Humans or nature?
Farjam, Mike - 2015
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/10011392605
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Imperfect recall and time inconsistencies : an experimental test of the absentminded driver “paradox”
Levati, M. Vittoria; Uhl, Matthias; Zultan, Ro'i - 2010
. -- imperfect recall ; absentmindedness ; dynamic inconsistency ; experiment …
Persistent link: https://www.econbiz.de/10003980493
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Social preferences under risk : ex-post fairness vs. efficiency
Gaudeul, Alexia - 2015
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...
Persistent link: https://www.econbiz.de/10011295782
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Social peferences under risk : experimental analysis
Bradler, Christiane - 2009
whether this type of behavior persists when risk comes into play. I devise an experiment which sheds light on the …
Persistent link: https://www.econbiz.de/10003824191
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Understanding the two components of risk attitudes : an experimental analysis
Qiu, Jianying; Steiger, Eva-Maria - 2009
Economics and management science share the tradition of ordering risk aversion by ï¬tting the best expected utility (EU) model with a certain utility function to individual data, and then using the utility curvature for each individual as the sole index of risk attitude. (Cumulative) Prospect...
Persistent link: https://www.econbiz.de/10003905733
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Understanding the two components of risk attitudes : an experimental analysis
Qiu, Jianying; Steiger, Eva-Maria - 2010
Cumulative Prospect Theory (PT) introduced the weighting of probabilities as an additional component to capture risk attitudes. However, this addition would be a less significant challenge to expected utility theory (EU) if utility curvature and probability weighting showed strong positive...
Persistent link: https://www.econbiz.de/10008669974
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Thinking in Chinese vs. thinking in English : social preference and risk attitudes of multicultural minds
Li, King King - 2010
This paper investigates whether language priming activates different cultural identities and norms associated with the language communicated; bilingual subjects are given Chinese instructions in the Chinese treatment and English instructions in the English treatment. The main findings are: (1) in...
Persistent link: https://www.econbiz.de/10008688574
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Sense of control affects investment behavior
King, Li King - 2010
Preference for control affects investment behavior. Participants of laboratory experiments invest different amount of money in a risky asset when face with two different methods of control which have identical payoff structure and probability distribution, but provide different sense of control....
Persistent link: https://www.econbiz.de/10003931390
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Experimenting with strategic experimentation : risk taking, neighborhood size and network structure
Große, Niels D. - 2010
externality and an opportunity for free riding. We conduct a laboratory experiment to investigate whether group size and the … fail to play a best-response to their position within the network. -- strategic experimentation ; experiment ; bandit game …
Persistent link: https://www.econbiz.de/10003944146
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Explaining gender differences in competitiveness : gender-task stereotypes
Große, Niels D.; Riener, Gerhard - 2010
able to explain a large part of the under-representation of women in tournament like environments. We conduct an experiment …-sex groups given different incentive schemes. Furthermore, we report the results of a framed field experiment, where we explore a … our interpretation. -- Competition, piece rate ; revenue sharing ; gender-task stereotype ; experiment …
Persistent link: https://www.econbiz.de/10003944236