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period and individuals are not too risk averse. This paper tests the POUM hypothesis by means of a within subjects experiment … inequality aversion are (partially) controlled for via either the experiment design or the information collected during the … experiment. We find that the POUM hypothesis holds under alternative specifications, even when we control for individual fixed …
Persistent link: https://www.econbiz.de/10010261622
Myopic loss aversion (MLA) has been established as one prominent explanation for the equity premium puzzle. In this paper we address two issues related to the effects of MLA on risky investment decisions. First, we assess the relative impact of feedback frequency and investment flexibility (via...
Persistent link: https://www.econbiz.de/10010263139
This is an experimental study of a three-player power-to-take game where a take authority is matched with two responders. The game consists of two stages. In the first stage, the take authority decides how much of the endowment of each responder that is left after the second stage will be...
Persistent link: https://www.econbiz.de/10010261421
of transparency in an incentivized experiment. Transparency leads to less promise breaking but also to less generous …
Persistent link: https://www.econbiz.de/10014467742
We study the influence of gender and gender pairing on economic decision making in an experimental two-person bargaining game where the other party's gender is known to both actors. We find that (1) gender per se has no significant effect on behavior, whereas (2) gender pairing systematically...
Persistent link: https://www.econbiz.de/10010293381
We examine gender differences in trust in another party's cooperation (CC) or its ability (AC). While men and women do not differ concerning trust in cooperation, gender has a strong influence when trust in another subject's ability is required.
Persistent link: https://www.econbiz.de/10010293426
We examine in an experiment the causes, consequences and possible cures of myopic loss aversion (MLA) for investment …
Persistent link: https://www.econbiz.de/10010293429
decisions in an experimental dictator game. In our experiment teams are more selfish than individuals, and the most selfish team …
Persistent link: https://www.econbiz.de/10010293433
reducing efforts. In our experiment we control the channels of communication by letting subjects communicate through an …
Persistent link: https://www.econbiz.de/10010293434
We conduct a laboratory experiment to investigate the impact of institutions and institutional choice on truth …
Persistent link: https://www.econbiz.de/10010294822