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A Nation-Wide Laboratory: Examining Trust and Trustworthiness by Integrating Behavioral Experiments into Representative Surveys
Fehr, Ernst; Fischbacher, Urs; von Rosenbladt, Bernhard; … - 2003
survey data is limited by measurement error and by the questionability of their behavioral relevance. Here we present a … representative behavioral data from a social dilemma experiment. We identify which survey questions intended to elicit people's trust … correlate well with behaviorally exhibited trust in the experiment. People above the age of 65, highly skilled workers and …
Persistent link: https://www.econbiz.de/10010262013
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A nation-wide laboratory : examining trust and trustworthiness by integrating behavioral experiments into representative survey
Fehr, Ernst; Fischbacher, Urs; Rosenbladt, Bernhard von; … - 2003
survey data is limited by measurement error and by the questionability of their behavioral relevance. Here we present a … with representative behavioral data from a social dilemma experiment. We identify which survey questions intended to elicit … people s trust correlate well with behaviorally exhibited trust in the experiment. People above the age of 65, highly skilled …
Persistent link: https://www.econbiz.de/10011402471
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Do professional norms in the banking industry favor risk-taking?
Cohn, Alain; Fehr, Ernst; Maréchal, Michel André - 2017
In recent years, the banking industry has witnessed several cases of excessive risk-taking that frequently have been attributed to problematic professional norms. We conduct experiments with employees from several banks in which we manipulate the saliency of their professional identity and...
Persistent link: https://www.econbiz.de/10011624184
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Do professional norms in the banking industry favor risk-taking?
Cohn, Alain; Fehr, Ernst; Maréchal, Michel André - 2017
In recent years, the banking industry has witnessed several cases of excessive risk-taking that frequently have been attributed to problematic professional norms. We conduct experiments with employees from several banks in which we manipulate the saliency of their professional identity and...
Persistent link: https://www.econbiz.de/10011617546
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A nation-wide laboratory: Examining trust and trustworthiness by integrating behavioral experiments into representative surveys
Fehr, Ernst; Fischbacher, Urs; von Rosenbladt, Bernhard; … - 2003
survey data is limited by measurement error and by the questionability of their behavioral relevance. Here we present a … data with representative behavioral data from a social dilemma experiment. We identify which survey questions intended to … elicit people's trust correlate well with behaviorally exhibited trust in the experiment. People above the age of 65, highly …
Persistent link: https://www.econbiz.de/10010300553
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Do Professional Norms in the Banking Industry Favor Risk-taking?
Cohn, Alain; Fehr, Ernst; Maréchal, Michel André - 2017
In recent years, the banking industry has witnessed several cases of excessive risk-taking that frequently have been attributed to problematic professional norms. We conduct experiments with employees from several banks in which we manipulate the saliency of their professional identity and...
Persistent link: https://www.econbiz.de/10011657119
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Do professional norms in the banking industry favor risk-taking?
Cohn, Alain; Fehr, Ernst; Maréchal, Michel André - 2017
In recent years, the banking industry has witnessed several cases of excessive risk-taking that frequently have been attributed to problematic professional norms. We conduct experiments with employees from several banks in which we manipulate the saliency of their professional identity and...
Persistent link: https://www.econbiz.de/10011663202
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Do Workers Work More When Wages Are High?
Fehr, Ernst; Götte, Lorenz - 2004
changes. We tested this prediction by conducting a randomized field experiment with bicycle messengers. In contrast to … preferences, since the wage in our experiment directly rewarded effort. We show that a simple model of loss averse, reference …
Persistent link: https://www.econbiz.de/10010261772
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Money Illusion and Coordination Failure
Fehr, Ernst; Tyran, Jean-Robert - 2004
Economists long considered money illusion to be largely irrelevant. Here we show, however, that money illusion has powerful effects on equilibrium selection. If we represent payoffs in nominal terms, choices converge to the Pareto inefficient equilibrium; however, if we lift the veil of money by...
Persistent link: https://www.econbiz.de/10010261781
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Does Money Illusion Matter? An Experimental Approach
Fehr, Ernst; Tyran, Jean-Robert - 2000
Money illusion means that people behave differently when the same objective situation is represented in nominal terms rather than in real terms. This paper shows that seemingly innocuous differences in payoff representation cause pronounced differences in nominal price inertia indicating the...
Persistent link: https://www.econbiz.de/10010262382