Showing 1 - 10 of 44
Persistent link: https://www.econbiz.de/10005094145
Evidence suggests that whether or not people dislike lying is situation-dependent. We argue that the theory of simple guilt can accommodate this well.
Persistent link: https://www.econbiz.de/10010702934
This paper explores the effect of the possibility of third-party intervention on behavior in a variant of the Berg, Dickhaut, and McCabe (1995) quot;Investment Gamequot;. A third-party's material payoff is not affected by the decisions made by the other participants, but this person may choose...
Persistent link: https://www.econbiz.de/10012731234
, and then test whether participants are willing to explicitly pay a small sum of money in line with the bias (pay for less … ambiguity, more perceived control, or more frequent information about portfolio performance). We then study how portfolio choice …
Persistent link: https://www.econbiz.de/10012739823
Previous works on asymmetric information in asset markets tend to focus on the potential gains in the asset market … itself. We focus on the market for information and conduct an experimental study to explore, in a game of finite but … period, an uninformed potential asset buyer can purchase information, at a fixed price and from a fully-informed source …
Persistent link: https://www.econbiz.de/10012743593
Are men more willing to take financial risks than women? The answer to this important question is not clear from the existing literature. We propose a novel approach to this issue, in which we both assemble the data from many experiments with thousands of participants in a simple investment...
Persistent link: https://www.econbiz.de/10012717770
We study experimentally how the ability to communicate affects the frequency and effectiveness of flexible and inflexible contracts in a bilateral trade context where sellers can adjust trade quality after observing a post-contractual cost shock and a discretionary buyer transfer. In the absence...
Persistent link: https://www.econbiz.de/10010851445
We test experimentally an explanation of over and under confidence as motivated by (perhaps unconscious) strategic … others’ statements of confidence about how well they have scored on an IQ test. In two-player tournaments where the highest …
Persistent link: https://www.econbiz.de/10010877986
. We vary the information workers receive, finding that social comparisons concerning both wages and decision rights affect …
Persistent link: https://www.econbiz.de/10010884248
This survey explores the contributions of behavioral economics, laboratory experiments, and field experiments to our understanding of the economics of trust, trustworthiness, and reciprocal behavior. A general summary presenting the evolution of trust and reciprocity, departing from pure...
Persistent link: https://www.econbiz.de/10010960086