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We analyze how subjects’ self-assessment depends on whether its accuracy is observable to others. We find that women downgrade their selfassessment given observability while men do not. Women avoid the shame they may have if others observe that they overestimated themselves. Men, however, do...
Persistent link: https://www.econbiz.de/10010427624
social dilemmas. We subject our model to data from an experimental public goods game and a risk experiment, and we measure …
Persistent link: https://www.econbiz.de/10010427625
In recent years, consumer choice has become an important element of public policy. One reason is that consumers differ in their tastes and needs, which they can express most easily through their own choices. Elements that strengthen consumer choice feature prominently in the design of public...
Persistent link: https://www.econbiz.de/10010427623
This paper suggests a potential rationale for the recent empirical finding that overconfident agents tend to self-select into more competitive environments (e.g. Dohmen and Falk, forthcoming). In particular, it shows that moderate overconfidence in a contest can improve the agent's performance...
Persistent link: https://www.econbiz.de/10010427565
In this paper, we study the individual payoff effects of overconfident self-perception in teams. In particular, we demonstrate that the welfare of an overconfident agent in a team of one rational and one overconfident agent or a team of two overconfident agents can be higher than that of the...
Persistent link: https://www.econbiz.de/10010427615
Although understanding preferences for privacy is of great importance to economists, businesses and politicians little is known about the factors that shape the individual willingness to share personal data. This article provides three experimental studies with a total of 470 participants that...
Persistent link: https://www.econbiz.de/10011374991
Evidence of gender differences in cooperation in social dilemmas is inconclusive. This paper experimentally elicits unconditional contributions, a contribution vector (cooperative preferences), and beliefs about the level of others' contributions in variants of the public goods game. We show...
Persistent link: https://www.econbiz.de/10011626626
reducing efforts. In our experiment we control the channels of communication by letting subjects communicate through an …
Persistent link: https://www.econbiz.de/10010427509
We implement the Rawlsian thought experiment of a veil of ignorance in the laboratory which introduces risk and …
Persistent link: https://www.econbiz.de/10010427512
Crime has to be punished, but does punishment reduce crime? We conduct a neutrally framed laboratory experiment to test … of punishment. In our experiment, subjects can steal from another participant's payoff. Deterrent incentives vary across …
Persistent link: https://www.econbiz.de/10010427518