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We study how lines form endogenously in front of banks when depositors differ in their liquidity needs. Our model has two stages. In the first one, depositors choose the level of costly effort they want to exert to arrive early at the bank which determines the order of decisions. In the second...
Persistent link: https://www.econbiz.de/10012012150
-like behavior than loss aversion-based models. We conduct a novel experiment which allows us to clearly distinguish between the role …
Persistent link: https://www.econbiz.de/10011657541
experiment, we study the endowment effect in lotteries with the same payoffs as the games in the first part. Our findings provide …
Persistent link: https://www.econbiz.de/10011339153
This paper investigates whether language priming activates different cultural identities and norms associated with the language communicated; bilingual subjects are given Chinese instructions in the Chinese treatment and English instructions in the English treatment. The main findings are: (1) in...
Persistent link: https://www.econbiz.de/10008688574
. -- imperfect recall ; absentmindedness ; dynamic inconsistency ; experiment …
Persistent link: https://www.econbiz.de/10003980493
an experiment we find that, to the contrary, under most specifications of uncertainty, dictators give more, compared with …
Persistent link: https://www.econbiz.de/10011349370
decisions in the absence of strategic considerations. This paper uses an economic experiment to investigate whether subjects …
Persistent link: https://www.econbiz.de/10012903870
experiment, we study the endowment effect in lotteries with the same payoffs as the games in the first part. Our findings provide …
Persistent link: https://www.econbiz.de/10013014082
send less money than solely selfish ones. In our experiment, most subjects show distinct social preferences in the receiver …
Persistent link: https://www.econbiz.de/10013056469
The workers' reciprocity in a simple Gift Exchange Game has been demonstrated in prior research to be enforcement problem. We showed that potential future interactions could not motivate the workers significantly because of assurance problem. Lack of information about employers' reciprocal type...
Persistent link: https://www.econbiz.de/10013146428