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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
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
The present paper introduces a theoretical framework through which the degree of risk aversion with respect uncertain prices can be measured through the context of the indirect utility function (IUF) using a lab experiment. First, the paper introduces the main elements of the duality theory (DT)...
Persistent link: https://www.econbiz.de/10013368182
This paper examines the motivation for intergenerational transfers between adult children and their parents, and the nature of preferences for such giving behaviour, in an experimental setting. Participants in our experiment play a series of dictator games with parents and strangers, in which we...
Persistent link: https://www.econbiz.de/10010379950
In this paper, we analyze the role of intuitive versus deliberative thinking in stag hunt games. To do so we, first, provide a conceptual framework predicting that, under the assumption that stag is the ruling social convention in real life interactions, players who make their choices fast and...
Persistent link: https://www.econbiz.de/10011781462
Experimental studies of search behavior suggest that individuals stop searching earlier than predicted by the optimal, risk-neutral stopping rule. Such behavior could be generated by two different classes of decision rules: rules that are optimal conditional on utility functions departing from...
Persistent link: https://www.econbiz.de/10010427494
Experimental studies of search behavior suggest that individuals stop searching earlier than predicted by the optimal, risk-neutral stopping rule. Such behavior could be generated by two different classes of decision rules: rules that are optimal conditional on utility functions departing from...
Persistent link: https://www.econbiz.de/10003470506
We study with a sample of 1,070 primary school children, aged seven to eleven years, how altruism in a donation experiment is related to children's risk attitudes and intertemporal choices. Examining such a relationship is motivated by theories of reciprocal altruism that provide a cornerstone...
Persistent link: https://www.econbiz.de/10010257602
We study with a sample of 1,070 primary school children, aged seven to eleven years, how altruism in a donation experiment is related to children's risk attitudes and intertemporal choices. Examining such a relationship is motivated by theories of reciprocal altruism that provide a cornerstone...
Persistent link: https://www.econbiz.de/10010256193
Gender differences in voting patterns and political attitudes towards redistribution are well-documented. The experimental gender literature suggests several plausible behavioral explanations behind these differences, relating to gender differences in confidence concerning future relative income...
Persistent link: https://www.econbiz.de/10011523572