Showing 1 - 10 of 243
Time preferences drive decisions in many economic situations, such as investment contexts or salary negotiations. These … situations are characterized by a very short time frame for decision making. Preferences are potentially susceptible to the … confounding effects of time pressure, as proposed by dual-systems theory (Evans, 2006; Kahneman and Frederick, 2002). Results of …
Persistent link: https://www.econbiz.de/10011523286
Using distance and time zone differences as a measure for coordination costs between service suppliers and consumers …, differences in time zones add significantly to the cost of doing business abroad. Decomposing the impact of distance into a … longitudinal and latitudinal component and accounting for differences in time zones, it is possible to identify in detail the …
Persistent link: https://www.econbiz.de/10009742629
Persistent link: https://www.econbiz.de/10009724224
representative survey and choice experiment with 1312 skiers in 53 Austrian ski areas is used as basis for this analysis. The impact … snow) derived from the choice experiment. Results show that a lack of natural snow can cause significant demand losses of …
Persistent link: https://www.econbiz.de/10012220090
a prisoner's dilemma game affects behavior and leads to discrimination. Running a framed field experiment with 828 six …
Persistent link: https://www.econbiz.de/10010529903
We study portfolio diversification in an experimental decision task, where asset returns depend on a draw from an ambiguous urn. Holding other information identical and controlling for the level of ambiguity, we find that labeling assets as being familiar or from the homeland of subjects...
Persistent link: https://www.econbiz.de/10010340322
who try to win via illicit means which crowds out the best performers. We use a laboratory experiment to explore the role …
Persistent link: https://www.econbiz.de/10011548973
According to the theory of guilt aversion, agents suffer a psychological cost whenever they fall short of other people's expectations. In this paper we suggest that there may be limits to this kind of motivation. We present evidence from an experimental dictator game showing that dictators...
Persistent link: https://www.econbiz.de/10011455212
Affirmative action rules are often implemented to promote women on labor markets. Little is known, however, about how and whether such rules emerge endogenously in groups of potentially affected subjects. We experimentally investigate whether subjects vote for affirmative action rules, against,...
Persistent link: https://www.econbiz.de/10011455264
experiment is related to children’s risk attitudes and intertemporal choices. Examining such a relationship is motivated by …
Persistent link: https://www.econbiz.de/10010401354