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Large effects of small cues: Priming selfish economic decisions
Snir, Avichai; Levy, Dudi; Wang, Dian; Chen, Haipeng; … - 2024
Many experimental studies report that economics students tend to act more selfishly than students of other disciplines, a finding that received widespread public and professional attention. Two main explanations that the existing literature offers for the differences found in the behavior...
Persistent link: https://www.econbiz.de/10014577216
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The Future of Health Economics: The Potential of Behavioral and Experimental Economics
Hansen, Fredrik; Anell, Anders; Gerdtham, Ulf-G.; … - 2013
The health care systems in the Nordic countries are facing key challenges. While the possibilities and willingness to expand health care resources are limited, the demand for health care are increasing due to continuous development of new medical technologies, changing demographics, increasing...
Persistent link: https://www.econbiz.de/10013208649
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The Veblenian roots of Institutional Political Economy
Ford, Kirsten - 2011
The term 'Institutional Economics' has been applied to some of capitalism's strongest critics as well as its most ardent apologists. This paradox in terms has bred contradictory literature in development economics, some declaring the death of this line of thought while others herald its...
Persistent link: https://www.econbiz.de/10010288088
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Joint inference and counterfactual experimentation for impulse response functions by local projections
Jordà, Òscar - 2007
This paper provides three measures of the uncertainty associated to an impulse response path: (1) conditional confidence bands which isolate the uncertainty of individual response coefficients given the temporal path experienced up to that point; (2) response percentile bounds} which provide...
Persistent link: https://www.econbiz.de/10010274338
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Curating Social Image: Experimental Evidence on the Value of Actions and Selfies
Holm, Håkan J.; Samahita, Margaret - 2016
We manipulate the information subjects can share on the web concerning socially sensitive actions (public good contribution) and visibility (selfie) to determine the effect on social image, as captured by the price subjects demand for publication. The overall conclusion from the experiment is...
Persistent link: https://www.econbiz.de/10013208752
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Big experimenter is watching you! Anonymity and prosocial behavior in the laboratory
Barmettler, Franziska; Fehr, Ernst; Zehnder, Christian - 2011
Social preference research has received considerable attention in recent years. Researchers have demonstrated that the presence of people with other-regarding preferences can have important implications in many economic dimensions. However, it is important to be aware of the fact that the...
Persistent link: https://www.econbiz.de/10010316822
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Does the absence of human sellers bias bidding behavior in auction experiments?
Bartling, Björn; Gesche, Tobias; Netzer, Nick - 2016
This paper studies the impact of the presence of human subjects in the role of a seller on bidding in experimental second-price auctions. Overbidding is a robust finding in second- price auctions, and spite among bidders has been advanced as an explanation. If spite extends to the seller, then...
Persistent link: https://www.econbiz.de/10011663184
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Leading with the (recently) successful? Performance visibility and the evolution of risk taking
Ehret, Sönke; Vogt, Sonja; Hefti, Andreas; Efferson, … - 2021
rationale for leaders to make successful team members salient is that it may induce social learning, where followers strive to … adopt a favorable behavior. The reliance of a leader on such success-biased social learning presumes that imitation by … necessary control to assure that success-biased learning cannot systematically improve the decisions made, and allows us to …
Persistent link: https://www.econbiz.de/10012513582
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A behavioral study of Roth versus traditional retirement savings accounts
Bohr, Clement E.; Holt, Charles A.; Schubert, Alexandra V. - 2023
Motivated by a popular perception that Roth accounts are welfare-improving for most people, this paper compares the effects of mandated Traditional (tax-deferred) or Roth (taxprepaid) retirement policies in a controlled laboratory setting. Selection effects, which complicate analyses of...
Persistent link: https://www.econbiz.de/10014442854
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Price Competition and Market Concentration: An Experimental Study
Dufwenberg, Martin; Gneezy, Uri - 1998
Bertrand solution does not predict well when the number of competitors is two, but after some opportunities for learning are …
Persistent link: https://www.econbiz.de/10010321769