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We examine the relationship between confidence in own absolute performance and risk attitudes using two confidence … elicitation procedures: self-reported (non-incentivised) confidence and an incentivised procedure that elicits the certainty … risk attitudes. Finally, we find that self-reported confidence correlates significantly with features of individual risk …
Persistent link: https://www.econbiz.de/10011434351
We examine confidence in own absolute performance using two elicitation procedures: selfreported (non …-incentivised) confidence and an incentivised procedure that elicits the certainty equivalent of a bet based on performance. The former … incentivised procedure leads to significant underconfidence, and does not lead to better calibration between confidence and …
Persistent link: https://www.econbiz.de/10010344292
We examine the relationship between confidence in own absolute performance and risk attitudes using two elicitation … procedures: self-reported (non-incentivised) confidence and an incentivised procedure that elicits the certainty equivalent of a …. Finally, we find that self-reported confidence correlates significantly with features of individual risk attitudes including …
Persistent link: https://www.econbiz.de/10010439679
, and a hierarchical mechanism team output is allocated by a team leader. Our experiment examines these mechanisms in both …
Persistent link: https://www.econbiz.de/10010515808
Persistent link: https://www.econbiz.de/10011757438
choices from a laboratory experiment. The equilibrium predicts that the large battlefield receives more than a proportional …
Persistent link: https://www.econbiz.de/10010224988
We examine the relationship between confidence in own absolute performance and risk attitudes using two confidence … elicitation procedures: self-reported (non-incentivised) confidence and an incentivised procedure that elicits the certainty … risk attitudes. Finally, we find that self-reported confidence correlates significantly with features of individual risk …
Persistent link: https://www.econbiz.de/10011444290
We report a controlled laboratory experiment examining risk-taking and information aggregation in groups facing a … common risk. The experiment allows us to examine how subjects respond to new information, in the form of both privately …
Persistent link: https://www.econbiz.de/10011444297
We examine the relationship between confidence in own absolute performance and risk attitudes using two elicitation … procedures: self-reported (non-incentivised) confidence and an incentivised procedure that elicits the certainty equivalent of a …. Finally, we find that self-reported confidence correlates significantly with features of individual risk attitudes including …
Persistent link: https://www.econbiz.de/10011444305
We experimentally examine how the incentive to defect in a social dilemma affects conditional cooperation. In our first study we conduct online experiments in which subjects play eight Sequential Prisoner's Dilemma games with payoffs systematically varied across games. We find that few second...
Persistent link: https://www.econbiz.de/10014480557