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I study experimental markets in which sellers interact with buyers who have biased beliefs about the characteristics of the product that is being sold. I examine whether such buyers can be exploited by sellers through the use of specifically designed pricing structures, as suggested by recent...
Persistent link: https://www.econbiz.de/10012985334
. We propose a controlled online experiment that allows to manipulate belief biases and the communication environment. We …
Persistent link: https://www.econbiz.de/10014467686
Although politicians' personal attributes are an important component of elections and representation, few studies have … rigorously investigated which attributes are most relevant in shaping voters' preferences for politicians, or whether these … preferences vary across different electoral system contexts. We investigate these questions with a conjoint survey experiment …
Persistent link: https://www.econbiz.de/10012855217
rely on the congeniality of the news outlet to judge whether the information is true or false? In a survey experiment, we …
Persistent link: https://www.econbiz.de/10012853778
To address the impact of regulation on ethical concerns of consumers, we study the example of minimum wages. In our experimental market, consumers have monopsony power, firms set prices and wages, and workers are passive recipients of a wage payment. We find that the majority of consumers...
Persistent link: https://www.econbiz.de/10012236843
exploration and lower individual and group payoffs. We test our predictions in an online lab experiment and show that the …
Persistent link: https://www.econbiz.de/10014544680
process of motivated political reasoning in a preregistered online experiment with a nationally representative sample of 1 …
Persistent link: https://www.econbiz.de/10012793076
This paper investigates the role of biased health perceptions as driving forces of risky health behavior. We define absolute and relative health perception biases, illustrate their measurement in surveys and provide evidence on their relevance. Next, we decompose the theoretical effect into its...
Persistent link: https://www.econbiz.de/10012219501
This paper investigates the role of biased health perceptions as driving forces of risky health behavior. We define absolute and relative health perception biases, illustrate their measurement in surveys and provide evidence on their relevance. Next, we decompose the theoretical effect into its...
Persistent link: https://www.econbiz.de/10012228534
values in e-commerce platforms and rating web sites. By means of a field experiment that exogenously manipulates prior … ratings when evaluating their stay (i.e., social influence bias). Results show that positive social influence exists, and that … influence bias interpretation. Finally, also repeat customers are affected by prior ratings, although to a lesser extent with …
Persistent link: https://www.econbiz.de/10011705566