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Combining "Real Effort" with Induced Effort Costs: The Ball-Catching Task
Gaechter, Simon; Huang, Lingbo; Sefton, Martin - CESifo - 2015
an experiment with piece-rate incentives we find that the comparative static and the point predictions on effort …
Persistent link: https://www.econbiz.de/10011277184
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INDIVIDUAL-LEVEL LOSS AVERSION IN RISKLESS AND RISKY CHOICES
Gaechter, Simon; Johnson, Eric; Herrmann, Andreas - Centre for Decision Research and Experimental Economics … - 2007
endowment effect experiment by eliciting both WTA and WTP from each of our 360 subjects (randomly selected customers of a car …
Persistent link: https://www.econbiz.de/10005200584
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The Framing of Games and the Psychology of Strategic Choice
Dufwenberg, Martin; Gaechter, Simon; Hennig-Schmidt, Heike - Centre for Decision Research and Experimental Economics … - 2006
Psychological game theory can provide a rational choice explanation of framing effects; frames influence beliefs, and beliefs influence motivations. We explain this point theoretically, and explore its empirical relevance experimentally. In a 2×2-factorial framing design of one-shot public good...
Persistent link: https://www.econbiz.de/10005200585
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Living in Two Neighborhoods – Social Interaction Effects in the Lab
Falk, Armin; Fischbacher, Urs; Gaechter, Simon - Centre for Decision Research and Experimental Economics … - 2009
interaction effects. We conduct a laboratory experiment that avoids the identification problem present in the field and allows us …
Persistent link: https://www.econbiz.de/10005150913
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Heterogeneous social preferences and the dynamics of free riding in public goods
Fischbacher, Urs; Gaechter, Simon - Centre for Decision Research and Experimental Economics … - 2006
We provide a direct test of the role of social preferences in voluntary cooperation. We elicit individuals’ cooperation … preference in one experiment and make a point prediction about the contribution to a repeated public good. This allows for a … novel test as to whether there are "types" of players who behave consistently with their elicited preferences. We find clear …
Persistent link: https://www.econbiz.de/10005150917
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Individual-level loss aversion in riskless and risky choices
Gaechter, Simon; Johnson, Eric J.; Herrmann, Andreas - Centre for Decision Research and Experimental Economics … - 2010
endowment effect experiment by eliciting both WTA and WTP from each of our 360 subjects (randomly selected customers of a car …
Persistent link: https://www.econbiz.de/10010545650
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The Framing of Games and the Psychology of Play
Dufwenberg, Martin; Gaechter, Simon; Hennig-Schmidt, Heike - Centre for Decision Research and Experimental Economics … - 2010
Psychological game theory can provide rational-choice-based framing effects; frames influence beliefs, beliefs influence motivations. We explain this theoretically and explore empirical relevance experimentally. In a 2?2 design of one-shot public good games we show that frames affect subject’s...
Persistent link: https://www.econbiz.de/10010545652
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INDIVIDUAL-LEVEL LOSS AVERSION IN RISKLESS AND RISKY CHOICES
Gaechter, Simon; Johnson, Eric; Herrmann, Andreas - Centre for Decision Research and Experimental Economics … - 2007
endowment effect experiment by eliciting both WTA and WTP from each of our 360 subjects (randomly selected customers of a car …
Persistent link: https://www.econbiz.de/10010552227
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Living in Two Neighborhoods – Social Interaction Effects in the Lab
Falk, Armin; Fischbacher, Urs; Gaechter, Simon - Centre for Decision Research and Experimental Economics … - 2009
interaction effects. We conduct a laboratory experiment that avoids the identification problem present in the field and allows us …
Persistent link: https://www.econbiz.de/10010552229
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The behavioral validity of the strategy method in public good experiments
Fischbacher, Urs; Gaechter, Simon - Centre for Decision Research and Experimental Economics … - 2009
deviation from the predicted contributions, because they contribute in the first half of the direct response experiment. Overall …
Persistent link: https://www.econbiz.de/10010552243