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Fungibility, labels and consumption
Abeler, Johannes; Marklein, Felix - 2010
Fungibility of money is a central assumption in the theory of consumer choice: any unit of money is substitutable for … another. This implies that the composition of income or wealth is irrelevant for consumption. We find in a field experiment … of their budget, subjects change consumption according to the label. A controlled laboratory experiment confirms this …
Persistent link: https://www.econbiz.de/10008699736
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Fungibility, labels, and consumption
Abeler, Johannes (contributor); Marklein, Felix (contributor) - 2008
another and that the composition of income is irrelevant for consumption. We find in a field experiment that even in a simple … change consumption according to the suggestion of the label. A controlled laboratory experiment confirms this result and … consumers ; field experiment ; laboratory experiment …
Persistent link: https://www.econbiz.de/10003716538
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Confidence and career choices : an experiment
Barron, Kai; Gravert, Christina - 2020 - 2nd revision June 2020
stylized laboratory experiment to investigate the causal effect of an increase in confidence on two important choices made by …
Persistent link: https://www.econbiz.de/10012238957
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Confidence and career choices : an experiment
Barron, Kai; Gravert, Christina - 2019
Confidence is often seen as the key to success. Empirical evidence about how such beliefs about one's abilities causally map into actions is, however, sparse. In this paper, we experimentally investigate the causal effect of an increase in confidence about one's own ability on two central...
Persistent link: https://www.econbiz.de/10012064447
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Confidence and career choices : an experiment
Barron, Kai; Gravert, Christina - 2019 - Revised January 2019
Confidence is often seen as the key to success. Empirical evidence about how such beliefs about one's abilities causally map into actions is, however, sparse. In this paper, we experimentally investigate the causal effect of an increase in confidence about one's own ability on two central...
Persistent link: https://www.econbiz.de/10011964220
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Confidence and Career Choices : An Experiment
Barron, Kai - 2020
stylized laboratory experiment to investigate the causal effect of an increase in confidence on two important choices made by …
Persistent link: https://www.econbiz.de/10012824167
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Confidence and Career Choices : An Experiment
Barron, Kai - 2020
confidence and detrimental decision making by low ability workers but does not affect the outcomes of high ability workers. Men …
Persistent link: https://www.econbiz.de/10012853138
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Confidence and career choices : an experiment
Barron, Kai; Gravert, Christina - 2018
confidence and detrimental decision making by low ability workers but does not affect the outcomes of high ability workers. Men …
Persistent link: https://www.econbiz.de/10011778918
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Patent Disputes in Germany : Arbitration vs Litigation
Klopschinski, Simon - 2023
The aim of this study is to elucidate whether arbitration offers advantages compared to the patent litigation system which is currently existing in Germany. To answer this question three essential characteristics of the current German patent litigation system are presented, i.e. the economic...
Persistent link: https://www.econbiz.de/10014360286
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Individual-level loss aversion in riskless and risky choices
Gächter, Simon; Johnson, Eric J.; Herrmann, Andreas; … - 2007
endowment effect experiment by eliciting both WTA and WTP from each of our 360 subjects (randomly selected customers of a car …
Persistent link: https://www.econbiz.de/10003502465