, therefore, invest more in such stocks'. We conducted an experiment in Jena, Germany to test whether subjects show local bias and …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 …

individual and his social reference point. In the experiment we reproduce a workplace environment whereby subjects interact in an …

' purchase decisions (whether to buy, and if so how much to pay) in a natural experiment at an online music store with PWYW …%. The experiment suggests that even low levels of social pressure without face to face interaction on customers leads to a …

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 …

finance, it is usually modeled as a direct consequence of misperceiving signal reliability. This bias is typically dubbed … on the well-established "miscalibration" bias. We find no gender differences in overconfidence for our measures except … bias …

welfare estimates, and can be avoided. -- Choice experiment ; Ordered Logit ; Bias ; Preference Axioms …How does a choice experiment (CE) model derived under standard preference axioms perform for respondents with … incomplete preferences? Using simulated data, we show how such miss-specification results in unnecessary noise and bias in …

Hypothetical bias is one of the main issues bedeviling the field of nonmarket valuation. The general criticism is that … is no longer any difference between the groups. -- Oath script ; hypothetical bias ; willingness to pay …