Showing 1 - 10 of 1,046
the lab — here the amount sent in a trust game (Berg, Dickaut, McCabe, 1995). As it turns out, the measures themselves are … correlations with a Big Five personality measure and is correlated with actual risk-taking behaviour. The results suggest that the …)experiments. Moreover, with respect to behaviour in the trust game, we find a high re-test stability of transfers (ρ = .70). This further …
Persistent link: https://www.econbiz.de/10010247341
the lab - here the amount sent in a trust game (Berg, Dickaut, McCabe, 1995). As it turns out, the measures themselves are … correlations with a Big Five personality measure and is correlated with actual risk-taking behaviour. The results suggest that the …. Moreover, with respect to behaviour in the trust game, we find a high re-test stability of transfers (p = .70). This further …
Persistent link: https://www.econbiz.de/10010250131
in the lab - here the amount sent in a trust game (Berg, Dickaut, McCabe, 1995). As it turns out, the measures themselves … shows the expected correlations with a Big Five personality measure and is correlated with actual risk-taking behaviour. The … in economic (lab) experiments. Moreover, with respect to trust, the high re-test stability of trust transfers ( ·= .70 …
Persistent link: https://www.econbiz.de/10008939590
Persistent link: https://www.econbiz.de/10011572777
personality traits of owners/managers - risk attitudes, locus of control, and innovativeness - and firm-level decisions. We extend … capital by shedding light on the role of managerial personality characteristics for decision-making in firms in a dynamic …
Persistent link: https://www.econbiz.de/10011789061
This paper investigates how Confucianism affects individual decision making in Taiwan and in China. We found that Chinese subjects in our experiments became less accepting of Confucian values, such that they became significantly more risk loving, less loss averse, and more impatient after being...
Persistent link: https://www.econbiz.de/10010201272
Willingness to take risk depends on whether the risk affects others as well as oneself and on how the risk affects oneś position vis-á-vis others. Taking a bet can improve oneś position relative to others or threaten it. We present an experiment that explores individual attitudes to lotteries...
Persistent link: https://www.econbiz.de/10009784058
Prospect theory (PT) is the dominant descriptive theory of decision making under risk today. For the modeling of choices, PT relies on a psychologically founded separation of risk attitudes into attitudes towards outcomes, captured in a value function; and attitudes towards probabilities,...
Persistent link: https://www.econbiz.de/10009792472
A core prediction of recent "dual-self" models is that a person's risk attitudes depend on her current level of self-control. While these models have received a lot of attention, empirical studies tailored to testing their core prediction are lacking. Using two prominent models, we derive...
Persistent link: https://www.econbiz.de/10011449223
This paper studies if competition affects subsequent risk-taking behaviour by means of a laboratory experiment that manipulates the degree of competitiveness of the environment under equivalent monetary incentives. We find that competition increases risk aversion, especially for males, but not...
Persistent link: https://www.econbiz.de/10011664419