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The perception of risk affects how people behave during crises. We conduct a series of experiments to explore how … people form COVID-19 mortality risk beliefs and the implications for prosocial behavior. We first document that people … overestimate their own risk and that of young people, while underestimating the risk old people face. We show that the availability …
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are too impatient to save and too risk averse to take the sort of chances needed to accumulate wealth. The empirical … the issues confounding previous analyses of the links between risk preferences and well-being. Our sample includes more …, Montevideo, San José. In addition to the experiment which reveals interesting cross-country differences, participants completed …
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Because costly punishment is not credible, subgame perfection suggests that punishment will not deter free riding, regardless of the size or structure of groups. However, experiments show that people will punish free riders, even at considerable cost. To examine the implications of agents who...
Persistent link: https://www.econbiz.de/10010262078
altruism. Instead, we posit that social reciprocity is a triggered normative response. Our experiment confirms the existence of …
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intent, that can cause incentives to fail. Using an experiment that provides the material circumstances necessary for …
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real effort experiment with participants who work directly for organizations with clear missions. Weeks before the … experiment, we survey potential participants for their organizational preferences. At the experiment, we randomly assign workers …
Persistent link: https://www.econbiz.de/10010125806
supply using a real effort experiment. Two results stand out. First, no one theory seems to fit the pooled data. On average …
Persistent link: https://www.econbiz.de/10011453435