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earnings of others and why the income of others influences reported happiness. We test these models in a novel experimental …
Persistent link: https://www.econbiz.de/10010326434
This study analyses the relation between perceived health status and intertemporal choice. We use data from experiments with real monetary rewards conducted among students in South Africa to estimate risk and time preferences. These experimental data, based on multiple price lists developed by...
Persistent link: https://www.econbiz.de/10014220473
ignored, we find completely differentestimates for ? . We conclude that in the case of lotteries with big prizes a …
Persistent link: https://www.econbiz.de/10010324926
-based questionnaire before the experiment and participants' preferencesfor resolution timing, risk, and time were incentive compatibly … measured during the experiment.Main findings are that delayed resolution can affect investment, that the effect depends on the …
Persistent link: https://www.econbiz.de/10010325960
verdict. In this experiment we examine the relationship between evidence of which the strength is known, subjective …
Persistent link: https://www.econbiz.de/10010325809
We examine the risky choices of contestants in the popular TV game show “Deal or No Deal” and related classroom experiments. Contrary to the traditional view of expected utility theory, the choices can be explained in large part by previous outcomes experienced during the game. Risk aversion...
Persistent link: https://www.econbiz.de/10010325560
Many empirical studies on intertemporal choice report preference reversals in the sensethat a preference between a small reward to be received soon and a larger reward to bereceived later reverses as both rewards are equally delayed. Such preference reversals arecommonly interpreted as...
Persistent link: https://www.econbiz.de/10010325966
This study analyses the relation between perceived health status and intertemporal choice. We use data from experiments with real monetary rewards conduEted among students in South Africa to estimate risk and time preferences. These experimental data, based on muitiple price lists developed by...
Persistent link: https://www.econbiz.de/10010325511
This paper reports the results from a controlled field experiment designed to investigate the causal effect of public …
Persistent link: https://www.econbiz.de/10014039321
conduct a large field experiment in which teams start up and manage real companies under identical circumstances. Exogenous …
Persistent link: https://www.econbiz.de/10014039713