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Einkommensbesteuerung und deren Wahrnehmung auf die Arbeit-Freizeit-Entscheidungen untersucht wird.Im ersten Experiment des ersten Teils … leads to an unexpected increase in risky investment decisions. This result can be attributed to a tax bias as individuals …
Persistent link: https://www.econbiz.de/10009478158
There is substantial empirical evidence and increasing recognition that not only outcomes, but also the procedures leading to them, can affect people' s utility from, and their reactions to, those decisions. However, there is still a large gap between numerous studies by non-economists (e.g.,...
Persistent link: https://www.econbiz.de/10009468509
Chapter 1: Efficient Design of an Auction with Discrete Bid Levels This paper studies one of auction design issues: the choice of bid levels. Full efficiency is generally unachievable with a discrete auction. Since there may be more than one bidder who submits the same bid, the auction cannot...
Persistent link: https://www.econbiz.de/10009450772
-cash payments, while the framing effect, a well-documented cognitive bias, makes discounting for cash ineffective. Merchant …
Persistent link: https://www.econbiz.de/10009466414
. Viewed as an experiment with 85 percent territoriality, estimates of a modest income reallocation response to the DRD may …
Persistent link: https://www.econbiz.de/10009476658
Frequent criticism in dynamic decision making research pertains to the overly complex nature of the decision tasks used in experimentation. To address such concerns we study dynamic decision making with respect to the simple race game Hog, which has a computable optimal decision strategy. In the...
Persistent link: https://www.econbiz.de/10009458721
2SPS and 2SRI for logistic binary outcomes have not been thoroughly studied. We study the bias and variance properties … trial. We first present closed form expressions of asymptotic bias for the causal odds ratio from both 2SPS and 2SRI … approaches. Our closed form bias results show that the 2SPS logistic regression generates asymptotically biased estimates of this …
Persistent link: https://www.econbiz.de/10009439053
alternatives can seriously bias the evaluation of consequences in risky high-stakes decisions. …
Persistent link: https://www.econbiz.de/10009441242
alternatives can seriously bias the evaluation of consequences in risky high-stakes decisions. …
Persistent link: https://www.econbiz.de/10009441300