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Trust Games Measure Trust
Houser, Daniel; Schunk, Daniel; Winter, Joachim - 2006
The relationship between trust and risk is a topic of enduring interest. Although there are substantial differences … in the widely-used “trust game” actually measure trust, or instead reveal more about risk attitudes. It is critical to … cogent evidence on the relationship between trust and risk in “trust” games. Subjects in our experiment participate either in …
Persistent link: https://www.econbiz.de/10010427460
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Trust games measure trust
Houser, Daniel; Schunk, Daniel; Winter, Joachim - 2006
The relationship between trust and risk is a topic of enduring interest. Although there are substantial differences … in the widely-used "trust game" actually measure trust, or instead reveal more about risk attitudes. It is critical to … cogent evidence on the relationship between trust and risk in "trust" games. Subjects in our experiment participate either in …
Persistent link: https://www.econbiz.de/10003470471
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Risky Business – The Role of Individual Risk Attitudes in Occupational Choice
Isphording, Ingo E. - 2010
effects of personality traits in labor market decisions. …
Persistent link: https://www.econbiz.de/10010269988
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Risk aversion and entrepreneurship : new evidence exploiting exposure to massive earthquakes in Italy
De Blasio, Guido; De Paola, Maria; Poy, Samuele; … - 2018
This paper investigates the impact of risk attitudes on the decision to become an entrepreneur. In contrast to previous research, we handle endogeneity issues relying on an instrumental variables strategy considering as a source of exogenous variation in risk aversion the early exposure to a...
Persistent link: https://www.econbiz.de/10011959842
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Shacklean uncertainty and cultural embeddedness as innovation constraints in the UK
Tubadji, Annie; Nijkamp, Peter; Santarelli, Enrico - 2017
We focus on both individual and local uncertainty to explain the innovation potential of entrepreneurs in the NUTS1 UK regions in 2005 and 2009. The 'potential surprise function' (Shackle, 1949) clarifying why sometimes promising business choices are truncated is taken as a determinant of an...
Persistent link: https://www.econbiz.de/10012119250
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The role of risk and trust attitudes in explaining residential energy demand : evidence from the United Kingdom
Volland, Benjamin - 2016
current paper contributes to this nascent stream of literature by studying the relationship between risk attitudes, trust … the context of energy studies, I show that trust is negatively correlated with household energy demand, while higher risk …
Persistent link: https://www.econbiz.de/10011494881
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The role of risk and trust attitudes in explaining residential energy demand : evidence from the United Kingdom
Volland, Benjamin - In: Ecological economics : the transdisciplinary journal of … 132 (2017), pp. 14-30
Persistent link: https://www.econbiz.de/10011783661
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Oligopoly as a socially embedded dilemma: An experiment
Engel, Christoph; Zhurakhovska, Lilia - 2011
From the perspective of competitors, competition may be modeled as a prisoner's dilemma. Setting the monopoly price is cooperation, undercutting is defection. Jointly, competitors are better off if both are faithful to a cartel. Individually, profit is highest if only the competitor(s) is (are)...
Persistent link: https://www.econbiz.de/10010281843
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Testing for feedback-conditional regret effects using a natural lottery
Humphrey, Steven J.; Mann, Paul; Starmer, Chris - 2005
We report the results of an experimental test for feedback-conditional regret effects using a naturally occurring gamble. The properties of this gamble are likely to engage decision-makers to a greater extent than conventional abstract laboratory gambles, and be more generally exhibited by real...
Persistent link: https://www.econbiz.de/10010290539
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Oligopoly as a socially embedded dilemma : an experiment
Engel, Christoph; Zhurakhovska, Lilia - 2011
From the perspective of competitors, competition may be modeled as a prisoner's dilemma. Setting the monopoly price is cooperation, undercutting is defection. Jointly, competitors are better off if both are faithful to a cartel. Individually, profit is highest if only the competitor(s) is (are)...
Persistent link: https://www.econbiz.de/10008822475