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Persistent link: https://www.econbiz.de/10011754479
prices. Subjects in our experiment predict both random walk times series, as in the seminal work by Bloomfield & Hales (2002 …
Persistent link: https://www.econbiz.de/10013285949
In three distinct disciplines, crime and punishment are studied experimentally: in empirical legal studies, in experimental economics, and an experimental criminology. These three disciplines have surprisingly little interaction. The current paper surveys the rich evidence, and discusses the...
Persistent link: https://www.econbiz.de/10011455955
Persistent link: https://www.econbiz.de/10015154237
Why do some people behave pro-socially while others do not? Using an experimental design based on Konow and Earley (JPubE, 2008), I investigate a reason already proposed by Aristotle in his Nicomachean Ethics: He claims that there is a nexus between virtues and well-being and that enduring...
Persistent link: https://www.econbiz.de/10010336819
classical investment theory. The presence of a price floor and learning from personal experience during the experiment do not …
Persistent link: https://www.econbiz.de/10010235112
Kazakhstan and Germany have different development levels of the agricultural sectors. One of the explanations for this fact might be the different investment behavior of farmers in the two countries. We experimentally analyze whether the investment behavior of farmers is consistent with the...
Persistent link: https://www.econbiz.de/10010235148
According to the Framework Convention on Climate Change, global collective action is needed to stabilize "greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous [our emphasis] anthropogenic interference with the climate system." The Framework Convention thus...
Persistent link: https://www.econbiz.de/10010229864
This paper proposes a geometric delineation of distributional preference types and a non-parametric approach for their identification in a two-person context. It starts with a small set of assumptions on preferences and shows that this set (i) naturally results in a taxonomy of distributional...
Persistent link: https://www.econbiz.de/10010191920
We report the results of a combination of a dictator experiment with either a “social planner” or a “veil of ignorance …” experiment. The experimental design and the analysis of the data are based on the theoretical framework proposed in the companion … Agreement and Symmetry axioms proposed in BHH; we find that for 80% of participants the evidence is very strong. The experiment …
Persistent link: https://www.econbiz.de/10010192931