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Persistent link: https://www.econbiz.de/10010341079
We propose a novel way of measuring trust in institutions, which draws on the experimental method used to elicit time … a lab‐in‐the‐field setting in the Philippines, we measure trust in two different financial institutions. Additionally … institution increases trust and changes individual financial behavior. We find that eligible individuals significantly increase …
Persistent link: https://www.econbiz.de/10014496994
This paper investigates how Confucianism affects individual decision making in Taiwan and in China. We found that Chinese subjects in our experiments became less accepting of Confucian values, such that they became significantly more risk loving, less loss averse, and more impatient after being...
Persistent link: https://www.econbiz.de/10010201272
This paper analyzes in a within-subjects experiment time preferences when people decide for themselves and on behalf of others. The data show that subjects become more impatient when making decisions, which affect the payoff of others. The change can be explained by altruistic subjects who...
Persistent link: https://www.econbiz.de/10012832060
This paper analyzes in a within-subjects experiment time preferences when peopledecide for themselves and on behalf of others. The data show that subjects becomemore impatient when making decisions, which affect the payoff of others. Thechange can be explained by altruistic subjects who increase...
Persistent link: https://www.econbiz.de/10012224335
We study how taxes and subsidies affect portfolio choices in a laboratory experiment. We find highly significant differences after intervention, even though the net income is identical in all our treatments and thus the decision pattern of investors should be constant. In particular, we observe...
Persistent link: https://www.econbiz.de/10009660632
We test the predictions of the theoretical literature initiated by the study of Domar and Musgrave (1944) with a laboratory experiment in which subjects have to decide on the composition of an asset portfolio. Our simple design enables us to distinguish between Real Tax Effects and Perception...
Persistent link: https://www.econbiz.de/10010340327
The aim of this study is to analyze how depreciation rules influence the decision behavior of investors. For this purpose, we conduct a laboratory experiment in which participants decide on the composition of an asset portfolio in different choice situations. Using an experimental environment...
Persistent link: https://www.econbiz.de/10010344890
I study how different types of subsidization affect investment decisions in a laboratory experiment. Even though the expected pro t is identical in all treatments, I find highly significant differences between them. In particular, when investment alternatives get subsidized with tax credits the...
Persistent link: https://www.econbiz.de/10010504557
In a laboratory experiment that allows us to vary the taxation method while keeping the financial outcomes constant, we find clear evidence that aggregated income taxation (comparable to profit taxation) with complete loss deduction induces a sustained bias towards more risky investment...
Persistent link: https://www.econbiz.de/10013054140