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Persistent link: https://www.econbiz.de/10010987808
Using a field experiment in China, we study whether migration status is correlated with attitudes toward risk, ambiguity, and competitiveness. Our subjects include migrants and non-migrants. We find that, migrants exhibit no differences from non-migrants in risk and ambiguity preferences...
Persistent link: https://www.econbiz.de/10010884374
We report data from a laboratory experiment demonstrating that cheating is significantly deterred when a possible intent to cheat must be revealed before, rather than after, a potentially dishonest act. Further, data from independent evaluators suggests a reason: the same action is more likely...
Persistent link: https://www.econbiz.de/10011266044
Using a field experiment in China, we study whether migration status is correlated with attitudes toward risk, ambiguity, and competitiveness. Our subjects include migrants and non-migrants. We find that, migrants exhibit no differences from non-migrants in risk and ambiguity preferences...
Persistent link: https://www.econbiz.de/10011266050
Persistent link: https://www.econbiz.de/10010724000
Persistent link: https://www.econbiz.de/10010638733
We present a model of price discrimination where a monopolist faces a consumer who is privately informed about the distribution of his valuation for an indivisible unit of good but has yet to learn privately the actual valuation. The monopolist sequentially screens the consumer with a menu of...
Persistent link: https://www.econbiz.de/10005772024
We present a model of timing of seasonal sales where stores choose several designs at the beginning of the season without knowing wich one, if any, will be fashionable. Fashionable designs have a chance to fetch high prices in fashion markets while non-fashionable ones must be sold in a discount...
Persistent link: https://www.econbiz.de/10005772249
This article reviews recent developments in the theory of committee decision-making. A committee consists of self-interested members who make a public decision by aggregating imperfect information dispersed among them according to a pre-specified decision rule. We focus on costly information...
Persistent link: https://www.econbiz.de/10005000410
We study how matchmakers use prices to sort heterogeneous participants into competing matching markets and how equilibrium outcomes compare with monopoly in terms of prices, matching market structure, and sorting efficiency under the assumption of complementarity in the match value function. The...
Persistent link: https://www.econbiz.de/10005690462