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We use a novel method to elicit and measure higher order risk preferences (prudence and temperance) in an experiment …
Persistent link: https://www.econbiz.de/10012824248
very low costs of cancelling an initiated purchase process. In a field experiment with more than 34,000 consumers, we find …
Persistent link: https://www.econbiz.de/10012892110
Shocks and traumatic experiences can alter individual behavior and deplete the ability to make economic decisions. Using data from individuals residing in two war-torn regions in Colombia, I analyze how direct exposure to violence induces changes in risk attitudes, and find that more severe and...
Persistent link: https://www.econbiz.de/10012972658
We estimate the impact of Kenya's post-election crisis on individual risk preferences. The crisis interrupted a longitudinal survey of more than five thousand Kenyan youth, creating plausibly exogenous variation in exposure to civil conflict by the time of the survey. We measure individual risk...
Persistent link: https://www.econbiz.de/10012993951
We run a field experiment to investigate whether competing in rank-order tournaments with different prize spreads … affects individual performance. Our experiment involved students from an Italian University who took an intermediate exam in …
Persistent link: https://www.econbiz.de/10012995579
In this paper, we show that the right to determine the sequence of moves in a dynamic team tournament improves the chances of winning the contest. Because studying dynamic team tournaments - like R&D races - with interim feedback is difficult with company data, we examine decisions of highly...
Persistent link: https://www.econbiz.de/10012269663
In this paper, we show that the right to determine the sequence of moves in a dynamic team tournament improves the chances of winning the contest. Because studying dynamic team tournaments - like R&D races - with interim feedback is difficult with company data, we examine decisions of highly...
Persistent link: https://www.econbiz.de/10012270658
In this paper, we show that the right to determine the sequence of moves in a dynamic team tournament improves the chances of winning the contest. Because studying dynamic team tournaments - like R&D races - with interim feedback is difficult with company data, we examine decisions of highly...
Persistent link: https://www.econbiz.de/10012271460
In this paper, we show that the right to determine the sequence of moves in a dynamic team tournament improves the chances of winning the contest. Because studying dynamic team tournaments - like R&D races - with interim feedback is difficult with company data, we examine decisions of highly...
Persistent link: https://www.econbiz.de/10012271547
We examine whether shrouding or partitioning of a surcharge raises demand in online shopping. In a field experiment …
Persistent link: https://www.econbiz.de/10012304829