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Looming large or seeming small? : attitudes towards losses in a representative sample
Chapman, Jonathan; Snowberg, Erik; Wang, Stephanie; … - 2022
We measure individual-level loss aversion using three incentivized, representative surveys of the U.S. population (combined N = 3,000). We find that around 50% of the U.S. population is loss tolerant, with many participants accepting negative-expected-value gambles. This is counter to earlier...
Persistent link: https://www.econbiz.de/10013284901
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Assessing mental models via recording the decision deliberations of pairs
Berninghaus, Siegfried; Güth, Werner; Klempt, Charlotte; … - 2013
Two participants have to decide jointly, with the discussions preceding their choice being video/audiotaped. For two tasks, one with and one without strategic interaction, we refer to obvious reasoning styles as mental models. The videotaped discussions are analyzed according to which mental...
Persistent link: https://www.econbiz.de/10009723594
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Self-selection into economics experiments is driven by monetary rewards
Abeler, Johannes; Nosenzo, Daniele - 2013
over-estimation of social preferences in the student population. -- methodology ; selection bias ; laboratory experiment … ; field experiment ; otherregarding behavior ; social preferences ; social approval ; experimenter demand …
Persistent link: https://www.econbiz.de/10009738333
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Self-selection into economics experiments is driven by monetary rewards
Abeler, Johannes; Nosenzo, Daniele - 2013
over-estimation of social preferences in the student population. -- methodology ; selection bias ; laboratory experiment … ; field experiment ; other-regarding behavior ; social preferences ; social approval ; experimenter demand …
Persistent link: https://www.econbiz.de/10009740435
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Women do not play their aces : the consequences of shying away
Claussen, Jörg; Czibor, Eszter; Praag, Mirjam van - 2015
The underrepresentation of women at the top of hierarchies is often explained by gender differences in preferences. We find support for this claim by analyzing a large dataset from an online card game community, a stylized yet natural setting characterized by self-selection into an uncertain,...
Persistent link: https://www.econbiz.de/10011449213
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Self selection does not increase other-regarding preferences among adult laboratory subjects, but student subjects may be more self-regarding than adults
Anderson, Jon; Burks, Stephen V.; Carpenter, Jeffrey P.; … - 2010
) and therefore subjects self-selected into the experiment. Because the structure of their training program reduced the …-selected adults and the adult trainees, suggesting that selection into this type of experiment is unlikely to bias inferences with … experiment ; field experiment ; other-regarding behavior ; social preferences ; truckload ; trucker …
Persistent link: https://www.econbiz.de/10009314280
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Self selection does not increase other-regarding preferences among adult laboratory subjects, but student subjects may be more self-regarding than adults
Anderson, Jon; Burks, Stephen V.; Carpenter, Jeffrey P.; … - 2010
and therefore subjects self-selected into the experiment. Because the structure of their training program reduced the …-selected adults and the adult trainees, suggesting that selection into this type of experiment is unlikely to bias inferences with …-selected adults: the students appear considerably less pro-social. -- methodology ; selection bias ; laboratory experiment ; field …
Persistent link: https://www.econbiz.de/10008933787
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Disparities in psychological traits and income : race, ethnicity, and gender in the U.S.
Dariel, Aurélie; Ham, John C.; Nikiforakis, Nikos; … - 2024
There are pronounced racial, ethnic, and gender gaps in income in the U.S. We investigate whether these correspond with differences in competitiveness, risk tolerance, and confidence relative to performance in a large, stratified sample of the U.S. prime-age population. We find substantial...
Persistent link: https://www.econbiz.de/10014493852
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Bonus payments and reference point violations
Ockenfels, Axel; Sliwka, Dirk; Werner, Peter - 2010
We investigate how bonus payments affect satisfaction and performance of managers in a large, multinational company. We find that falling behind a naturally occurring reference point for bonus comparisons reduces satisfaction and subsequent performance. The effects tend to be mitigated if...
Persistent link: https://www.econbiz.de/10003941775
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Cui bono, benefit corporation? : an experiment inspired by social enterprise legislation in Germany and the US
Fischer, Sven Heiko; Goerg, Sebastian J.; Hamann, Hanjo - 2013 - This version: February 8, 2013
states and in British Columbia, Canada. We ran a laboratory experiment with a framing likened to German corporate law which … slightly inhibits it instead. Our experiment thus illustrates the paramount importance of taking into account both incentives … enterprise legislation and the stakeholder debate. -- experiment ; stakeholder value ; social enterprise ; benefit corporation …
Persistent link: https://www.econbiz.de/10009706164