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about risk, time-discounting and altruism in variations of two conditions: 'Quantitative First' and 'Qualitative First'. We … patience and altruism while using quantitative items first increases the cross-method correlation for risk and time preferences …
Persistent link: https://www.econbiz.de/10014319143
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 to understand human social behavior. We find that higher risk …
Persistent link: https://www.econbiz.de/10010256193
We report a laboratory experiment that enables us to distinguish preferences for altruism (concerning tradeoffs between … preferences. We find that both social preferences and preferences for altruism are highly heterogeneous, ranging from utilitarian …
Persistent link: https://www.econbiz.de/10014027608
This study explored the view that distributors have towards the most valued wine attributes by consumers in the US market, applying the discrete choice experiments technique. Furthermore, to explore the extent to which the distributors' perspective may reflect consumers' preferences, the results...
Persistent link: https://www.econbiz.de/10013268119
We propose a framework for analyzing and categorizing the quality of evidence fromDiscrete Choice Experiments. The concept is borrowed from medical research and adaptedto meet the needs of practitioners and consumers of the studies conducted in this nichefield
Persistent link: https://www.econbiz.de/10013314060
experiment, we study the endowment effect in lotteries with the same payoffs as the games in the first part. Our findings provide …
Persistent link: https://www.econbiz.de/10011339153
Evidence of Illusion of Control - the fact that people believe to have control over pure chance events - is a recurrent finding in experimental psychology. Results in economics find instead little to no support. In this paper we test whether this dissonant result across disciplines is due to the...
Persistent link: https://www.econbiz.de/10010517137
We test whether markets are needed to mitigate the effects of anchoring on peoples' pref- erences. We anchor subjects by asking them if they are willing to sell a bottle of wine for a transparently uninformative random price. We elicit subjects' Willingness-To-Accept for the bottle before and...
Persistent link: https://www.econbiz.de/10012122507
Personal autonomy has been argued to be fundamental to well-being and is often discussed as an important driver of economic and political behavior. Yet, preferences for autonomy are not well understood, because their identification requires the separation of instrumental value attached to...
Persistent link: https://www.econbiz.de/10014249889
Persistent link: https://www.econbiz.de/10014288217