Showing 1 - 10 of 238
Experiments in psychology, where subjects estimate confidence intervals to a series of factual questions, have shown that individuals report far too narrow intervals. This has been interpreted as evidence of overconfidence in the preciseness of knowledge, a potentially serious violation of the...
Persistent link: https://www.econbiz.de/10010281394
-informed others. This paper presents a controlled experiment showing that this "curse of knowledge" can cause comparative …
Persistent link: https://www.econbiz.de/10010397879
negotiation situations. We report the results of a laboratory experiment that was designed to isolate the effect of the curse of …
Persistent link: https://www.econbiz.de/10012141849
We explore gender differences in preferences for competition and risk among children aged 9-12 in Colombia and Sweden … are more likely to choose to compete in general. Boys in both countries are more risk taking than girls, with a smaller …
Persistent link: https://www.econbiz.de/10010281203
We look at gender differences in preferences for altruism, risk and competition in math and word search among … adolescents in Sweden. We find that girls are more altruistic and less risk taking than boys. We find no gender gap in performance …
Persistent link: https://www.econbiz.de/10010281256
We compare how children aged 9-12 in Colombia and Sweden cooperate in a Prisoner's Dilemma. We introduce a new measurement device for cooperation that can be easily understood by children. There is some evidence of more cooperation in Sweden than in Colombia. Girls in Colombia are less...
Persistent link: https://www.econbiz.de/10010281444
Prior laboratory experiments have studied general equilibrium economies constructed from "induced preferences" for artificial goods. We introduce new methods that allow us to study economies constructed instead from subjects' actual, "homegrown" preferences. Our subjects reveal their preferences...
Persistent link: https://www.econbiz.de/10011763083
In this paper, we design an investment game which allows us to study the influence of selection when learning from … others. Using the theoretical study of selection neglect in Jehiel (2018) as a guide, we test (i) for the presence of … selection neglect in this investment context, and (ii) some comparative static predictions of the model. We find strong evidence …
Persistent link: https://www.econbiz.de/10011984926
Average profits of a price taker are increasing in the variability of the output price (Oi, 1961). We show that, for the same reason, average profits of the price taker are increasing in the variability of the price of inputs. We proceed to establish that the same holds for a firm with a...
Persistent link: https://www.econbiz.de/10010281199
people to believe others to think like themselves. In order to test the guilt aversion hypothesis more rigorously, we conduct … three separate experiments: a dictator game experiment, a complete information trust game experiment, and a hidden action … trust game experiment. In the experiments we inform donors about the beliefs of their respective recipients, while eliciting …
Persistent link: https://www.econbiz.de/10010281158