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Intertemporal consumption and debt aversion : a replication and extension

Ahrens, Steffen; Bosch-Rosa, Ciril; Meissner, Thomas - 2022

We replicate Meissner (2016) where debt aversion was reported for the first time in an intertemporal consumption and saving problem. While Meissner (2016) uses a German sample, our subjects are US undergraduate students. All of the main findings from the original study replicate, with similar...

Persistent link: https://www.econbiz.de/10012799407

Intertemporal consumption and debt aversion : a replication and extension

Ahrens, Steffen; Bosch-Rosa, Ciril; Meissner, Thomas - 2022

Persistent link: https://www.econbiz.de/10013191573

The hidden costs of tax evasion : collaborative tax evasion in markets for expert services

Balafoutas, Loukas; Beck, Adrian; Kerschbamer, Rudolf; … - 2015

We experimentally examine the impact of tax evasion attempts on the performance of credence goods markets, where contractual incompleteness results from asymmetric information on the welfare maximizing quality of the good. Our results suggest that tax evasion attempts - independently of whether...

Persistent link: https://www.econbiz.de/10010529409

Guilt from Promise-Breaking and Trust in Markets for Expert Services : Theory and Experiment

Beck, Adrian - 2010

broken, and guilt is exacerbated by higher interaction prices. An experiment qualitatively confirms our predictions: (1) most …

Persistent link: https://www.econbiz.de/10013146471

The hidden costs of tax evasion : collaborative tax evasion in markets for expert services

Balafoutas, Loukas; Beck, Adrian; Kerschbamer, Rudolf; … - 2014 - This version: 24. January 2014

In markets where transactions are governed by contractual incompleteness, revealed intentions to evade taxes may affect market performance. We experimentally examine the impact of tax evasion attempts on the performance of credence goods markets, where contractual incompleteness results from...

Persistent link: https://www.econbiz.de/10010237657

An eye-tracking study of feature-based choice in one-shot games

Devetag, Giovanna; Di Guida, Sibilla; Polonio, Luca - 2013

We analyze subjects' eye movements while they make decisions in a series of one-shot games. The majority of them perform a partial and selective analysis of the payoff matrix, often ignoring the payoffs of the opponent and/or paying attention only to specific cells. Our results suggest that...

Persistent link: https://www.econbiz.de/10009709528

Guilt from promise-breaking and trust in markets for expert services : theory and experiment

Beck, Adrian; Kerschbamer, Rudolf; Qiu, Jianying; … - 2010

broken, and guilt is exacerbated by higher interaction prices. An experiment qualitatively confirms our predictions: (1) most …

Persistent link: https://www.econbiz.de/10009736618

Guilt from promise-breaking and trust in markets for expert services : theory and experiment

Beck, Adrian; Kerschbamer, Rudolf; Qiu, Jianying; … - 2010

broken, and guilt is exacerbated by higher interaction prices. An experiment qualitatively confirms our predictions: (1) most …

Persistent link: https://www.econbiz.de/10003944278

Diagnostic uncertainty and insurance coverage in credence goods markets

Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2020

framework. We test the model’s predictions in a laboratory experiment. Both in theory and in the experiment diagnostic … uncertainty decreases the rate of efficient service provision and leads to less trade. In theory, insurance also decreases the … net effect on welfare. In the experiment, the net effect of insurance coverage on efficiency turns out to be positive. We …

Persistent link: https://www.econbiz.de/10012312079

Diagnostic uncertainty and insurance coverage in credence goods markets

Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2020

framework. We test the model's predictions in a laboratory experiment. Both in theory and in the experiment diagnostic … uncertainty decreases the rate of efficient service provision and leads to less trade. In theory, insurance also decreases the … net effect on welfare. In the experiment, the net effect of insurance coverage on efficiency turns out to be positive. We …

Persistent link: https://www.econbiz.de/10012313962