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experiments. In the first experiment, we elicit the value and probability weighting functions both under known and unknown …
Persistent link: https://www.econbiz.de/10009792472
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
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
Persistent link: https://www.econbiz.de/10012867028
, when we compare the distribution of choices we find no significant difference to earlier experiments in the same lab that …
Persistent link: https://www.econbiz.de/10012007430
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
Accurately measuring preferences and beliefs in surveys is crucial for social science research, but standard monetary incentives cannot be used when responses cannot be verified. We study two psychological mechanisms for improving answer quality that can be applied to unverifiable questions: (i)...
Persistent link: https://www.econbiz.de/10015396890
We explore the role of cognitive dissonance in dictator and public goods games. Specifically, we motivate cognitive dissonance between one's perception of “fair treatment” and self-interested behaviour by having participants answer a question about fairness. Utilizing two manipulations...
Persistent link: https://www.econbiz.de/10010379926
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
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