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Unit donations are an alternative fundraising scheme in which potential donors choose how many units of a charitable … good to fund, rather than just giving money. Based on evidence from an online experiment with 8,673 participants, we …
Persistent link: https://www.econbiz.de/10013468279
show a bias towards assets with a familiar or homeland label, the model does not hold. This misdiversification against the …
Persistent link: https://www.econbiz.de/10010340322
lab-in-the-field experiment, we observe a remarkable magnitude of VCA across conditions: parents invest 82 % of their e69 …
Persistent link: https://www.econbiz.de/10012237192
This paper studies the competitive role of list prices. We argue that such prices are often more salient than actual retail prices, so consumers' purchase decisions may be influenced by them. Two firms compete by setting prices in a homogeneous product market. They first set a list price that...
Persistent link: https://www.econbiz.de/10012550314
Persistent link: https://www.econbiz.de/10008655972
(the favorite-longshot bias). I build a game theoretical model and show that the favorite-longshot bias is the equilibrium … play of the players with loss aversion, and that the degree of the favorite-longshot bias depends on the mental accounting … process the players use. -- loss aversion ; mental accounting ; parimutuel betting ; the favorite-longshot bias …
Persistent link: https://www.econbiz.de/10009734683
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
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
and consider information. In an online experiment, where about 2,300 participants choose between two compiled charity … possible, increases default effects considerably, manifesting a hitherto undocumented channel of the default bias. Moreover, we …
Persistent link: https://www.econbiz.de/10013175566
efficient markets hypothesis. -- sports sponsorship ; advertising ; stock market efficiency …
Persistent link: https://www.econbiz.de/10009736617