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Randomizing Endowments: An Experimental Study of Rational Expectations and Reference-Dependent Preferences
Götte, Lorenz; Harms, Annette; Sprenger, Charles - Institute for the Study of Labor (IZA) - 2014
expectations. We examine the predictions of Kőszegi and Rabin (2006) in the context of market experiments with probabilistic forced … these theoretical predictions. In a series of experiments with a total of 930 subjects, sellers' valuations exceed buyers …' valuations under all probabilities of forced exchange. In robustness tests where attention is drawn specifically to the forced …
Persistent link: https://www.econbiz.de/10011078395
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Randomizing Endowments: An Experimental Study of Rational Expectations and Reference-Dependent Preferences
Götte, Lorenz; Harms, Annette; Sprenger, Charles - 2014
expectations. We examine the predictions of Kőszegi and Rabin (2006) in the context of market experiments with probabilistic forced … these theoretical predictions. In a series of experiments with a total of 930 subjects, sellers' valuations exceed buyers …' valuations under all probabilities of forced exchange. In robustness tests where attention is drawn specifically to the forced …
Persistent link: https://www.econbiz.de/10010468159
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Randomizing endowments : an experimental study of rational expectations and reference-dependent preferences
Götte, Lorenz; Harms, Annette; Sprenger, Charles - 2014
expectations. We examine the predictions of Kőszegi and Rabin (2006) in the context of market experiments with probabilistic forced … these theoretical predictions. In a series of experiments with a total of 930 subjects, sellers' valuations exceed buyers …' valuations under all probabilities of forced exchange. In robustness tests where attention is drawn specifically to the forced …
Persistent link: https://www.econbiz.de/10010436164
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Biased Health Perceptions and Risky Health Behaviors: Theory and Evidence
Arni, Patrick; Dragone, Davide; Götte, Lorenz; … - 2020
This paper investigates the role of biased health perceptions as driving forces of risky health behavior. We define absolute and relative health perception biases, illustrate their measurement in surveys and provide evidence on their relevance. Next, we decompose the theoretical effect into its...
Persistent link: https://www.econbiz.de/10012269986
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Biased health perceptions and risky health behaviors: Theory and evidence
Arni, Patrick; Dragone, Davide; Götte, Lorenz; … - 2020
This paper investigates the role of biased health perceptions as driving forces of risky health behavior. We define absolute and relative health perception biases, illustrate their measurement in surveys and provide evidence on their relevance. Next, we decompose the theoretical effect into its...
Persistent link: https://www.econbiz.de/10012658412
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Biased health perceptions and risky health behaviors : theory and evidence
Arni, Patrick; Dragone, Davide; Götte, Lorenz; … - 2020
This paper investigates the role of biased health perceptions as driving forces of risky health behavior. We define absolute and relative health perception biases, illustrate their measurement in surveys and provide evidence on their relevance. Next, we decompose the theoretical effect into its...
Persistent link: https://www.econbiz.de/10012219501
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Biased health perceptions and risky health behaviors : theory and evidence
Arni, Patrick; Dragone, Davide; Götte, Lorenz; … - 2020
This paper investigates the role of biased health perceptions as driving forces of risky health behavior. We define absolute and relative health perception biases, illustrate their measurement in surveys and provide evidence on their relevance. Next, we decompose the theoretical effect into its...
Persistent link: https://www.econbiz.de/10012228534
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Overconfidence is a social signaling bias
Burks, Stephen V.; Carpenter, Jeffrey P.; Götte, Lorenz; … - 2010
Evidence from psychology and economics indicates that many individuals overestimate their ability, both absolutely and relatively. We test three different theories about observed relative overconfidence. The first theory notes that simple statistical comparisons (for example, whether the...
Persistent link: https://www.econbiz.de/10003944720
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Lab measures of other-regarding preferences can predict some related on-the-job behavior: Evidence from a large scale field experiment
Burks, Stephen V.; Nosenzo, Daniele; Anderson, Jon; … - 2015
There is by now ample evidence from laboratory experiments that individuals exhibit "prosocial" or "other … laboratory experiments with 645 subjects at a trucker training program in the Midwestern US. The experiment use a version of the …
Persistent link: https://www.econbiz.de/10011444316
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Lab Measures of Other-Regarding Preferences Can Predict Some Related On-the-Job Behavior: Evidence from a Large Scale Field Experiment
Burks, Stephen V.; Nosenzo, Daniele; Anderson, Jon E.; … - 2016
We measure a specific form of other-regarding behavior, costly cooperation with an anonymous other, among 645 subjects at a trucker training program in the Midwestern US. Using subjects' second-mover strategy in a sequential form of the Prisoners' Dilemma, we categorize subjects as: Free Rider,...
Persistent link: https://www.econbiz.de/10011479285