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experiment with 66 students to measure the house-money effect on their risk preferences. They received an amount of money with … group got it the day of the experiment. We find that, when facing possible losses, people in the treatment group showed a … behave according to expected-utility theory, the risk-attitude adjustment corresponds to an average increase of 1 in their …
Persistent link: https://www.econbiz.de/10013147749
a novel between-subjects experiment. The experiment varied expectations about cooperation by others. We find that higher …
Persistent link: https://www.econbiz.de/10014146934
Internet experiments are a new and convenient way for reaching a large subject pool. Yet, providing incentives to subjects can be a tricky design issue. One cost effective and simple method is the publication of a high score (as in computer games). We test whether a high score provides adequate...
Persistent link: https://www.econbiz.de/10003728060
Using a unique experimental data set, we investigate how asymmetric legal rights shape bargainers’ aspiration levels through moral entitlements derived from equity norms and number prominence. Aspiration formation is typically hard to observe in real life. Our study involves 15 negotiations...
Persistent link: https://www.econbiz.de/10011771180
experiment with more than 6000 subjects, including a subsample of 267 consultants from an international consulting firm. We also …
Persistent link: https://www.econbiz.de/10003380747
Lecture on the first SFB/TR 15 meeting, Gummersbach, July, 18 - 20, 2004: We report results of an internet experiment … designed to test the theory of informational cascades in financial markets (Avery and Zemsky, AER, 1998). More than 6400 … subjects, including a subsample of 267 consultants from an international consulting firm, participated in the experiment. As …
Persistent link: https://www.econbiz.de/10010361992
with representative behavioral data from a social dilemma experiment. We identify which survey questions intended to elicit … people s trust correlate well with behaviorally exhibited trust in the experiment. People above the age of 65, highly skilled …
Persistent link: https://www.econbiz.de/10011402471
This paper explores the dynamic relationship between stock market implied credit spreads, CDS spreads, and bond spreads. A general VECM representation is proposed for changes in the three credit spread measures which accounts for zero, one, or two independent cointegration equations, depending...
Persistent link: https://www.econbiz.de/10012755686
Persistent link: https://www.econbiz.de/10000803241