Showing 1 - 10 of 22
In this paper we experimentally investigate whether partial coercion can in combination with conditional cooperation increase contributions to a public good. We are especially interested in the behavior of the non-coerced populations. The main finding is that in our setting conditional...
Persistent link: https://www.econbiz.de/10013111712
In survey studies, probabilistic expectations about uncertain events are typically elicited by asking respondents for their introspective beliefs. If more complex procedures are feasible, beliefs can be elicited by incentive compatible revealed preference mechanisms (“truth serums”). Various...
Persistent link: https://www.econbiz.de/10013109045
We conduct an experiment to study the prevalence of the higher order risk attitudes of prudence and temperance, in a … individual's level of prudence is predictive of his wealth, saving, and borrowing behavior outside of the experiment, while …
Persistent link: https://www.econbiz.de/10013109051
To accurately predict behavior economists need reliable measures of individual time preferences and attitudes toward risk and typically need to assume stability of these characteristics over time and across decision domains. We test the reliability of two choice tasks for eliciting discount...
Persistent link: https://www.econbiz.de/10013072892
Previous studies have demonstrated that a multitude of options can lead to choice overload, reducing decision quality. Through controlled experiments, we examine sequential choice architectures that enable the choice set to remain large while potentially reducing the effect of choice overload. A...
Persistent link: https://www.econbiz.de/10013006978
Does adverse selection hamper the effectiveness of voluntary risk sharing? How do differences in risk profiles affect adverse selection? We experimentally investigate individuals' willingness to share risks with others. Across treatments we vary how risk profiles differ between individuals. We...
Persistent link: https://www.econbiz.de/10013006996
more freedom to save for their old age. We devise an experiment where subjects face a life-cycle optimization task with …
Persistent link: https://www.econbiz.de/10013025505
Investment behavior is traditionally investigated with the assumption that risky investment is on average advantageous. However, this may not always be the case. In this paper, we experimentally studied investment choices made by students and financial professionals under favorable and...
Persistent link: https://www.econbiz.de/10013146293
In a series of experiments conducted in Belgium (Wallonia and Flanders), France and the Netherlands, we compare behavior regarding tax evasion and welfare dodging, with and without information about others' behavior. Subjects have to decide between a ‘registered' income, the realization of...
Persistent link: https://www.econbiz.de/10013111703
Understanding individual and social decisions and how they are affected by the environment and institutional constraints is at the heart of the the social sciences. With the exception of psychology, traditionally in the social sciences empirical evidence is gathered via happenstance data. Such...
Persistent link: https://www.econbiz.de/10013111713