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The shape of warm glow : field experimental evidence from a fundraiser
Carpenter, Jeffrey P. - 2018
Theory commonly posits agents who care both for the level of provision of a public good and the extent to which they personally contribute to the cause. Simply put, agents feel some "warm glow" from the donations they make. I discuss a fundraiser devised to exogenously vary the incentive to give...
Persistent link: https://www.econbiz.de/10011898935
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The Price of Warm Glow
Lilley, Andrew - 2013
the donor (impure warm-glow altruism). Consistent with the model's predictions, the experiment shows that priming pure …. In the model agents receive heterogeneous utility from pure and impure altruism (Andreoni 1989) that permits warm glow to … vary between monetary donations and volunteering, thus allowing preferences for impure altruism to rationalize inefficient …
Persistent link: https://www.econbiz.de/10013080136
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The endowment effect in games
Drouvelis, Michalis; Sonnemans, Joep - 2015
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
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Buying and selling risk : an experiment investigating evaluation asymmetries
Güth, Werner; Ploner, Matteo; Soraperra, Ivan - 2013
Experimental studies of the WTP-WTA gap avoid social trading by implementing an incentive compatible mechanism for each individual trader. We compare a traditional random price mechanism and a novel elicitation mechanism preserving social trading, without sacrificing mutual incentive...
Persistent link: https://www.econbiz.de/10010252391
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Game form misconceptions are not necessary for a willingness-to-pay vs. willingness-to-accept gap
Bartling, Björn; Engl, Florian; Weber, Roberto A. - 2015 - Revised version, April 2015
to produce willingness-to-pay (WTP) vs. willingness-to-accept (WTA) gaps in a valuation experiment in which subjects are …
Persistent link: https://www.econbiz.de/10010430731
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The Endowment Effect in Games
Drouvelis, Michalis - 2015
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/10013014082
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Game Form Misconceptions Are Not Necessary for a Willingness-to-Pay vs. Willingness-to-Accept Gap
Bartling, Björn - 2015
to produce willingness-to-pay (WTP) vs. willingness-to-accept (WTA) gaps in a valuation experiment in which subjects are …
Persistent link: https://www.econbiz.de/10013031805
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Cognitive Imprecision and Stake-Dependent Risk Attitudes
Khaw, Mel Win; Li, Ziang; Woodford, Michael - National Bureau of Economic Research - 2022
In an experiment that elicits subjects' willingness to pay (WTP) for the outcome of a lottery, we confirm the fourfold …
Persistent link: https://www.econbiz.de/10013388772
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The Impact of Losing in a Competition on the Willingness to Seek Further Challenges
Buser, Thomas - 2014
of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment …
Persistent link: https://www.econbiz.de/10013049206
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The Impact of Losing in a Competition on the Willingness to Seek Further Challenges
Buser, Thomas - 2014
of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment …
Persistent link: https://www.econbiz.de/10013051368