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that the participants receive before they make their decision. We find that when participants receive cues signaling that … the decision has an economic context, both economics and non-economics students tend to maximize profits. When the …
Persistent link: https://www.econbiz.de/10015213431
The original standard for measuring time preferences was Multiple Price List (MPL), where subjects are asked to choose between an amount of money in the present and a larger amount of money in the future. Convex Time Budget (CTB) was later introduced, allowing subjects to differentially allocate...
Persistent link: https://www.econbiz.de/10015224958
We investigate gender difference in lying behavior when the opportunity to tell lies is repeated. In specific, we distinguish the situations in which such an opportunity can be planned versus when it comes as a surprise. We use data from an existing study (Chowdhury et al., 2021) and show that...
Persistent link: https://www.econbiz.de/10015232678
We study whether and how the experimentally elicited risk and time preferences of subjects are associated with their behavior in long-run projects. First, risk and time preferences are elicited from time-dated monetary choices to estimate a general discount and utility function at an individual...
Persistent link: https://www.econbiz.de/10015269945
We reconcile �findings from the Multiple Price List method (Andersen et al., 2008) and the Convex Time Budget method (Andreoni and Sprenger, 2012a) that seem to have generated a heated debate in the time preference literature. Specifi�cally, we discuss the claims of Andreoni and Sprenger...
Persistent link: https://www.econbiz.de/10015236984
To reduce the cognitive experimenter demand effect we embed a dictator game in a more complex decision environment, a … dynamic household savings decision problem, thus rendering the dictator decision to share some endowment less salient. We then …
Persistent link: https://www.econbiz.de/10015241666
To reduce the cognitive experimenter demand effect we embed a dictator game in a more complex decision environment, a … dynamic household savings decision problem, thus rendering the dictator decision to share some endowment less salient. We then …
Persistent link: https://www.econbiz.de/10015245581
We report the results of an experiment designed to study the determinants of asset price movement and consumption smoothing behavior across asset markets populated with varying proportion of traders with and without having induced motive to smooth consumption. Although the asset is over-priced...
Persistent link: https://www.econbiz.de/10015252039
We conduct a field experiment on conflict in swimming pools. When all lanes are occupied, an actor joins the least crowded lane and asks one of the swimmers to move to another lane. The lane represents a contested scarce resource. We vary the actor’s valuation (high and low) for the good...
Persistent link: https://www.econbiz.de/10015252482
We design an experiment to study the determinants of price movement and consumption smoothing behavior across asset markets populated with varying proportion of traders having induced motive to smooth consumption. The extent of over-pricing is higher when traders with no induced motive to trade...
Persistent link: https://www.econbiz.de/10015254546