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risk and typically need to assume stability of these characteristics over time and across decision domains. We test the … reliability of two choice tasks for eliciting discount rates, risk aversion, and probability weighting and assess the stability of … largely uncorrelated with decisions in other important life domains involving intertemporal trade-offs and risk. …
Persistent link: https://www.econbiz.de/10010318820
This paper is concerned with a policy oriented macroeconomic experiment involving an 'international' economy with a …
Persistent link: https://www.econbiz.de/10010324982
This paper is concerned with a policy oriented macroeconomic experiment involving an 'international' economy with a …
Persistent link: https://www.econbiz.de/10010262084
signalling game and test it experimentally. If we have participants play the naked game, at least a minority plays the game …, almost all prosecutors take the signal at face value and knowingly run the risk of loosing in court if the signal was false …
Persistent link: https://www.econbiz.de/10010286722
in effort, but that the reverse does not hold true. Using a lab experiment, we show that redistribution choices even …
Persistent link: https://www.econbiz.de/10010323858
purposes of punishment, deterrence and special prevention. We investigate Bentham's intuition in a public goods lab experiment …
Persistent link: https://www.econbiz.de/10010270435
The market for copyrights is characterised by a highly skewed distribution of profits: very few movies, books and songs generate huge profits, whereas the great bulk barely manages to recover production cost. At the moment when the owner of intellectual property grants a licence ('ex ante'),...
Persistent link: https://www.econbiz.de/10010270447
Do criminals maximise money? Are criminals more or less selfish than the average subject? Can prisons apply measures that reduce the degree of selfishness of their inmates? Using a tried and tested tool from experimental economics, we cast new light on these old criminological questions. In a...
Persistent link: https://www.econbiz.de/10010270634
prevent participants from using their world knowledge about antitrust, we experimentally test them on a neutral matrix game …
Persistent link: https://www.econbiz.de/10010281843
, we adopt an experimental approach to test these claims. We show that the willingness to overcome a dilemma transcends …
Persistent link: https://www.econbiz.de/10010286718