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Since business activities are generally subject to uncertainties, dealing with risk is essential. Principals are generally assumed to maximize their expected value and therefore act in a risk-neutral manner by diversifying their portfolio. Agents, however, often deviate from maximizing their...
Persistent link: https://www.econbiz.de/10013217449
Persistent link: https://www.econbiz.de/10013464452
, and differential responses to luck account for about half of the gender performance gap in our experiment. These findings … into tournaments at a lower rate than men. -- Behavioral preferences ; real effort experiment ; gender differences ; gender …
Persistent link: https://www.econbiz.de/10003983612
, and differential responses to luck account for about half of the gender performance gap in our experiment. These findings …
Persistent link: https://www.econbiz.de/10013141427
In a real effort experiment with repeated competition we find striking differences in how the work effort of men and … explain more of the variation in behavior for women, and account for about half of the gender performance gap in our … experiment. Our findings shed new light on why women may be less inclined to pursue competition-intensive careers …
Persistent link: https://www.econbiz.de/10013094575
We investigate whether depleting people's cognitive resources (or "willpower") affects the degree to which they are susceptible to framing effects. Recent research in social psychology and economics has suggested that willpower is a resource that can be temporarily depleted and that a depleted...
Persistent link: https://www.econbiz.de/10009793156
consequence social norms gradually changed again. In our experiment we investigate gender differences in competitive choices …In the laboratory experiment reported in this paper we explore how evolving institutions and social norms, which we … norms, including the promotion of gender equality in place of the Confucian view of female 'inferiority'. Market …
Persistent link: https://www.econbiz.de/10011581634
Recent papers by Cox and Sadiraj (2006) and Rubinstein (2006) have pointed out that expected utility theory is more general than has sometimes been acknowledged, and can hence not be refuted as easily by means of experiments. While acknowledging this fact, this note nevertheless demonstrates...
Persistent link: https://www.econbiz.de/10014055918
We use a novel method to elicit and measure higher order risk preferences (prudence and temperance) in an experiment …
Persistent link: https://www.econbiz.de/10012285580
We use a novel method to elicit and measure higher order risk preferences (prudence and temperance) in an experiment …
Persistent link: https://www.econbiz.de/10012270596