Showing 1 - 10 of 11
We study the stability of noncognitive skills by comparing experimental results gathered before and during the COVID-19 pandemic. Using a sample of professional traders, we find a significant decrease in agreeableness and locus of control and a moderate decrease in grit. These patterns are...
Persistent link: https://www.econbiz.de/10014232994
We run an experiment where professional traders, endowed with private information, trade an asset over multiple periods. After the trading game, we gather information about the professional traders' characteristics by having them carry out a series of tasks. We study which of these...
Persistent link: https://www.econbiz.de/10013490632
Persistent link: https://www.econbiz.de/10014229851
Persistent link: https://www.econbiz.de/10014230093
Persistent link: https://www.econbiz.de/10015050175
Persistent link: https://www.econbiz.de/10012386799
There are many important decision problems where learning through experimentation is costly or impossible. In these situations, individuals may try to learn from observing the outcomes of others who have made similar decisions. Often, however, information about others comprises a selected...
Persistent link: https://www.econbiz.de/10011982107
Persistent link: https://www.econbiz.de/10011912003
Persistent link: https://www.econbiz.de/10012234587
A decision-maker acquires payoff-relevant information until she reaches her storing capacity, at which point she either terminates the decision-making and chooses an action, or discards some information. By conditioning the probability of termination on the information collected, she controls...
Persistent link: https://www.econbiz.de/10012915465