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How performance based payoffs influence estimates of complex information? An experimental study on quality and precision in estimation tasks
Kroll, Eike Benjamin; Rieger, Jörg; Vogt, Bodo - 2011
information and the introduction of performance-based payoffs have an influence on judgement. Therefore, an experiment is designed …
Persistent link: https://www.econbiz.de/10010304452
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Multiple switching behavior in different display formats of multiple price lists
Bauermeister, Golo-Friedrich; Mußhoff, Oliver - 2017
A common approach to elicit risk attitude is the multiple price list with a series of binary choices. However, a frequently observed problem when using multiple price lists is that participants switch more than once from the safer to the riskier option, thus exhibiting multiple switching...
Persistent link: https://www.econbiz.de/10011644864
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Evaluating intergenerational persistence of economic preferences: A large scale experiment with families in Bangladesh
Chowdhury, Shyamal K.; Sutter, Matthias; Zimmermann, … - 2018
Economic preferences - like time, risk and social preferences - have been shown to be very influential for real-life outcomes, such as educational achievements, labor market outcomes, or health status. We contribute to the recent literature that has examined how and when economic preferences are...
Persistent link: https://www.econbiz.de/10011985441
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Evaluating intergenerational persistence of economic preferences: A large scale experiment with families in Bangladesh
Chowdhury, Shyamal K.; Sutter, Matthias; Zimmermann, … - 2018
Economic preferences - like time, risk and social preferences - have been shown to be very influential for real-life outcomes, such as educational achievements, labor market outcomes, or health status. We contribute to the recent literature that has examined how and when economic preferences are...
Persistent link: https://www.econbiz.de/10011963538
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Economic Preferences across Generations and Family Clusters: A Large-Scale Experiment
Chowdhury, Shyamal; Sutter, Matthias; Zimmermann, Klaus F. - 2020
market success. We present a holistic view of how economic preferences are related within families. In an experiment with 544 …
Persistent link: https://www.econbiz.de/10012270129
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Economic preferences across generations and family clusters: A large-scale experiment
Chowdhury, Shyamal; Sutter, Matthias; Zimmermann, Klaus F. - 2020
market success. We present a holistic view of how economic preferences are related within families. In an experiment with 544 …
Persistent link: https://www.econbiz.de/10012290481
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Social risk effects: The "experience of social risk" factor / Florian Diekert, Timo Goeschl, and Christian König-Kersting
Diekert, Florian; Goeschl, Timo; König-Kersting, Christian - 2021
Anticipating "social risk", or risk caused by humans, affects decision-making differently from anticipating natural risk. Drawing upon a large sample of the US population (n=3,982), we show that the phenomenon generalizes to risk experience. Experiencing adverse outcomes caused by another human...
Persistent link: https://www.econbiz.de/10013269299
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Quasi-Rational R&D Behavior in an Environment with Fundamental Uncertainty
Dimmig, Anne-Kathrin; Erlei, Mathias - 2012
uncertainty. We designed a multi-period experiment in which each period consisted of two stages, an R&D phase and a pricing stage …. Participants in the experiment had almost no information about the underlying functions, parameters, and probabilities. Subjects …’ behavior in the fundamentally uncertain environment of our experiment may best be characterized as some kind of procedural …
Persistent link: https://www.econbiz.de/10010481556
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Evaluating intergenerational persistence of economic preferences: A large scale experiment with families in Bangladesh
Chowdhury, Shyamal; Sutter, Matthias; Zimmermann, Klaus F. - 2018
Economic preferences – like time, risk and social preferences – have been shown to be very influential for real-life outcomes, such as educational achievements, labor market outcomes, or health status. We contribute to the recent literature that has examined how and when economic preferences...
Persistent link: https://www.econbiz.de/10011793097
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Evaluating Intergenerational Persistence of Economic Preferences: A Large Scale Experiment with Families in Bangladesh
Chowdhury, Shyamal; Sutter, Matthias; Zimmermann, Klaus F. - 2018
Economic preferences – like time, risk and social preferences – have been shown to be very influential for real-life outcomes, such as educational achievements, labor market outcomes, or health status. We contribute to the recent literature that has examined how and when economic preferences...
Persistent link: https://www.econbiz.de/10011815807