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A donation may have ambiguous costs or ambiguous benefits. Behavior in a laboratory experiment suggests that …-driven behavior is more pronounced when the costs of a donation - rather than its benefits - are ambiguous. However, the importance of … excuse-driven behavior is comparable under ambiguity and under risk. Individuals exploit any type of uncertainty as an excuse …
Persistent link: https://www.econbiz.de/10012152068
A donation may have ambiguous costs or ambiguous benefits. In a laboratory experiment, we show that individuals use …-driven behavior is more pronounced when the costs of a donation - rather than its benefits - are ambiguous. However, the importance of … excuse-driven behavior is comparable under ambiguity and under risk. Individuals exploit any type of uncertainty as an excuse …
Persistent link: https://www.econbiz.de/10012907436
A donation may have ambiguous costs or ambiguous benefits. In a laboratory experiment, we show that individuals use …-driven behavior is more pronounced when the costs of a donation -rather than its benefits- are ambiguous. However, the importance of … excuse-driven behavior is comparable under ambiguity and under risk. Individuals exploit any type of uncertainty as an excuse …
Persistent link: https://www.econbiz.de/10012897446
A donation may have ambiguous costs or ambiguous benefits. Behavior in a laboratory experiment suggests that …-driven behavior is more pronounced when the costs of a donation – rather than its benefits – are ambiguous. However, the importance of … excuse-driven behavior is comparable under ambiguity and under risk. Individuals exploit any type of uncertainty as an excuse …
Persistent link: https://www.econbiz.de/10012843721
The ratio bias - according to which individuals prefer to bet on probabilities expressed as a ratio of large numbers to normatively equivalent or superior probabilities expressed as a ratio of small numbers - has recently gained momentum, with researchers especially in health economics...
Persistent link: https://www.econbiz.de/10010277022
The ratio bias – according to which individuals prefer to bet on probabilities expressed as a ratio of large numbers to normatively equivalent or superior probabilities expressed as a ratio of small numbers – has recently gained momentum, with researchers especially in health economics...
Persistent link: https://www.econbiz.de/10013154975
The ratio bias - according to which individuals prefer to bet on probabilities expressed as a ratio of large numbers to normatively equivalent or superior probabilities expressed as a ratio of small numbers - has recently gained momentum, with researchers especially in health economics...
Persistent link: https://www.econbiz.de/10003910098
We consider the external validity of laboratory measures of risk attitude. Based on a large-scale experiment using a representative panel of the Dutch population, we test if these measures can explain two different types of behavior: (i) behavior in laboratory risky financial decisions, and (ii)...
Persistent link: https://www.econbiz.de/10012868010
We consider the external validity of laboratory measures of risk attitude. Based on a large-scale experiment using a representative panel of the Dutch population, we test if these measures can explain two different types of behavior: (i) behavior in laboratory risky financial decisions, and (ii)...
Persistent link: https://www.econbiz.de/10012868969
The memory people have of their past behavior is one of the main sources of information about themselves. To study whether people retrieve their memory self-servingly in social encounters, we designed an experiment in which participants play binary dictator games and then have to recall the...
Persistent link: https://www.econbiz.de/10011959856