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Social preferences under risk : minimizing collective risk vs. reducing ex-post inequality
Gaudeul, Alexia - 2016
We refine the understanding of individual preferences across social lotteries, whereby the payoffs of a pair of subjects are exposed to random shocks. We find that aggregate behavior is ex-post and ex-ante inequality averse, but also that there is a wide variety of individual preferences and...
Persistent link: https://www.econbiz.de/10011476573
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Group membership, team preferences, and expectations
Guala, Francesco; Mittone, Luigi; Ploner, Matteo - In: Journal of economic behavior & organization : JEBO 86 (2013), pp. 183-190
Persistent link: https://www.econbiz.de/10009726194
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Toward a better understanding of team decision processes : combining laboratory experiments with agent-based modeling
Lorscheid, Iris; Meyer, Matthias - In: Journal of business economics : JBE 91 (2021) 9, pp. 1431-1467
an output validation of the model. First, the laboratory experiment generates data about individual and team cognition …Despite advances in the field, we still know little about the socio-cognitive processes of team decisions, particularly … their emergence from an individual level and transition to a team level. This study investigates team decision processes by …
Persistent link: https://www.econbiz.de/10012704182
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Experimental methodology : assigning pro-social groups in the lab
Hample, Kelsey C. - In: Journal of behavioral and experimental economics 88 (2020)
Persistent link: https://www.econbiz.de/10012499028
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Gender, overconfidence, and optimal group composition for investment decisions
Renerte, Baiba; Hausfeld, Jan; Twardawski, Torsten - 2020
Persistent link: https://www.econbiz.de/10012404320
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The hot hand belief and the gambler's fallacy in investment decisions under risk
Huber, Jürgen; Kirchler, Michael; Stöckl, Thomas - In: Theory and decision : an international journal for … 68 (2010) 4, pp. 445-462
Persistent link: https://www.econbiz.de/10003949002
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Hot hand belief and gambler's fallacy in teams : evidence from investment experiments
Stöckl, Thomas; Huber, Jürgen; Kirchler, Michael; … - 2013
. -- hot hand belief ; gambler's fallacy ; experimental finance ; experts ; team decision making …
Persistent link: https://www.econbiz.de/10009742306
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When 0 + ⅓ + ⅓ > ⅔, but 0 + 0 + ⅓ < ⅓. : how the median outcome impacts lottery valuation?
Kontek, Krzysztof; Birnbaum, Michael H. - 2016
Persistent link: https://www.econbiz.de/10011568486
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Risk-taking in social settings : group and peer effects
Bougheas, Spiros P.; Nieboer, Jeroen; Sefton, Martin - 2013 - Revised version of 2013-01, This version: June 6, 2013
We investigate experimentally the effect of consultation (unincentivized advice) on choices under risk in an incentivized investment task. We compare consultation to two benchmark treatments: one with isolated individual choices, and a second with group choice after communication. Our benchmark...
Persistent link: https://www.econbiz.de/10009757008
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Risk-taking in social settings : group and peer effects
Bougheas, Spiros P.; Nieboer, Jeroen; Sefton, Martin - In: Journal of economic behavior & organization : JEBO 92 (2013), pp. 273-283
Persistent link: https://www.econbiz.de/10010198062