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Social preferences under uncertainty
Gaudeul, Alexia - 2013
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
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Measuring ambiguity preferences : conference paper
Cavatorta, Elisa; Schröder, David - 2014 - This version: February 28, 2014, Preliminary and incomplete
experiments and survey questions. We find a high degree of aggregate consistency across elicitation methods, but large … laboratory experiments is unfeasible. …
Persistent link: https://www.econbiz.de/10010490651
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High Stakes Behavior with Low Payoffs : Inducing Preferences with Holt-Laury Gambles
Dickhaut, John W. - 2009
A continuing goal of experiments is to understand risky decisions when the decisions are important. Often a decision …
Persistent link: https://www.econbiz.de/10013159348
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Measuring Ambiguity Preferences : A New Ambiguity Preference Survey Module
Cavatorta, Elisa - 2019
individual ambiguity preferences, the experimental economics literature advocates using incentivized laboratory experiments. Yet …, laboratory experiments are costly, time-consuming and require substantial administrative effort. This study develops an … laboratory experiments is impractical. This toolkit may have wide applications, including end-of-session lab questionnaires …
Persistent link: https://www.econbiz.de/10012903999
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Measuring Ambiguity Preferences : A New Ambiguity Preference Survey Module (Online Appendix)
Cavatorta, Elisa - 2019
Persistent link: https://www.econbiz.de/10012867028
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Beliefs and utility : experimental evidence on preferences for information
Falk, Armin; Zimmermann, Florian - 2016
Beliefs are a central determinant of behavior. Recent models assume that beliefs about or the anticipation of future consumption have direct utilityconsequences. This gives rise to informational preferences, i.e., preferences over the timing and structure of information. Using a novel and...
Persistent link: https://www.econbiz.de/10011523747
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Beliefs and utility : experimental evidence on preferences for information
Falk, Armin; Zimmermann, Florian - 2016
Beliefs are a central determinant of behavior. Recent models assume that beliefs about or the anticipation of future consumption have direct utility-consequences. This gives rise to informational preferences, i.e., preferences over the timing and structure of information. Using a novel and...
Persistent link: https://www.econbiz.de/10011528156
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Elicited beliefs and social information in modified dictator games : what do dictators believe other dictators do?
Iriberri, Nagore; Rey-Biel, Pedro - In: Quantitative economics : QE ; journal of the … 4 (2013) 3, pp. 515-547
Using data from modified dictator games and a mixture-of-types estimation technique, we find a clear relationship between a classification of subjects into four different types of interdependent preferences (selfish, social welfare maximizers, inequity averse, and competitive) and the beliefs...
Persistent link: https://www.econbiz.de/10011757096
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Communication-enhancing vagueness
Wood, Daniel H. - In: Games 13 (2022) 4, pp. 1-27
I experimentally investigate how vague language changes the nature of communication in a biased strategic information transmission game. Counterintuitively, when both precise and imprecise messages can be sent, in aggregate, senders are more accurate, and receivers trust them more than when only...
Persistent link: https://www.econbiz.de/10013367782
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On the stability of preferences : repercussions of entrepreneurship on risk attitudes
Brachert, Mattias; Hyll, Walter - 2014
The majority of empirical studies make use of the assumption of stable preferences in searching for a relationship between risk attitude and the decision to become and stay an entrepreneur. Yet empirical evidence on this relationship is limited. In this paper, we show that entry into...
Persistent link: https://www.econbiz.de/10010374180