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Support for free-market policies and reforms : does the field of study influence students' political attitudes?
Fischer, Mira; Kauder, Björn; Potrafke, Niklas; … - 2016
Since opinion leaders are usually university graduates, the field of study has an influence on public support for economic policies and policy reforms intended to enhance efficiency because advocating such policies often requires appreciation of the beneficial roles of markets and economic...
Persistent link: https://www.econbiz.de/10011499897
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Incorporating fairness motives into the impulse balance equilibrium and quantal response equilibrium concepts : an application to 2x2 games
Tavoni, Alessandro - 2009
successful in terms of fit to the experimental data: EQRE, IBE, EIBE, QRE and Nash equilibrium. -- Fairness ; Inequity aversion …
Persistent link: https://www.econbiz.de/10008811006
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An eye-tracking study of feature-based choice in one-shot games
Devetag, Giovanna; Di Guida, Sibilla; Polonio, Luca - 2013
We analyze subjects' eye movements while they make decisions in a series of one-shot games. The majority of them perform a partial and selective analysis of the payoff matrix, often ignoring the payoffs of the opponent and/or paying attention only to specific cells. Our results suggest that...
Persistent link: https://www.econbiz.de/10009709528
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Video recordings in experiments : are there effects on self-selection or the outcome of the experiment?
Lohse, Tim; Qari, Salmai - 2018
The use of video recordings in experimental economics has become increasingly popular. However, little attention is paid to how this might affect the composition of the participating subjects and the intended treatment effect. We make a first attempt to shed light on these issues and address...
Persistent link: https://www.econbiz.de/10011890148
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How mindless is standard economics really?
Schipper, Burkhard - 2009
Contrary to claims by Gul and Pesendorfer (2008), I show that standard economics makes use of non-choice evidence in a meaningful way. This is because standard economics solely grounded in the theory of choice is "incomplete". That is, it has content that can not be revealed with any general...
Persistent link: https://www.econbiz.de/10003894920
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A model of the decisive role of central bank cooperation and conflict
Pope, Robin; Selten, Reinhard; Kube, Sebastian; Kaiser, … - 2007
Opinion is divided on whether it is better to have a single world money or variable exchange rates.Pope, Selten and von Hagen (2003) propose that fresh light would be shed via an analysis that allows forseven complexity impacts on the exchange rate that are underplayed (where not entirely...
Persistent link: https://www.econbiz.de/10003612858
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The effect of incentives on real effort : evidence from the slider task
Araújo, Felipe Augusto de; Carbone, Erin; … - 2015
Real-effort experiments are frequently used when examining a response to incentives. For any particular real-effort task to be well-suited for such an exercise, subjects' cost for exerting effort must, for the range of incentives considered, result in an interior effort choice. The popular...
Persistent link: https://www.econbiz.de/10010528978
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Lives or Livelihoods? Perceived Tradeoffs and Public Demand for Non-Pharmaceutical Interventions
Settele, Sonja - 2020
We study how cost-benefit considerations shape the public acceptance of non-pharmaceutical interventions (NPIs). In an online experiment conducted on a representative sample from the US during the early COVID-19 pandemic, we provide half of our respondents with research evidence pointing to low...
Persistent link: https://www.econbiz.de/10012835414
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Inequality indices as tests of fairness
Kanbur, Ravi; Snell, Andy - 2017
statistical tests for fairness within well-defined income distribution generating processes and a well specified notion of … fairness. We find that the likelihood ratio (LR) test for fairness versus unfairness within two such processes are proportional … their values differently – to compare them to critical values for a test of the null hypothesis of fairness, or to use them …
Persistent link: https://www.econbiz.de/10011641764
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Self-selection into economics experiments is driven by monetary rewards
Abeler, Johannes; Nosenzo, Daniele - 2013
Laboratory experiments have become a wide-spread tool in economic research. Yet, there is still doubt about how well the results from lab experiments generalize to other settings. In this paper, we investigate the self-selection process of potential subjects into the subject pool. We alter the...
Persistent link: https://www.econbiz.de/10009738333