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In this note we shall discuss a concept that – despite its prominence in both Hume (1739) and Smith (1759), its obvious relevance for social behavior, and its not so infrequent use in colloquial language – has never gained a foothold in economic theory: the concept of empathy. Specifically,...
Persistent link: https://www.econbiz.de/10011116842
We investigate whether overconfidence is affected by superstitious beliefs and whether the effect is heterogeneous according to gender. With this aim, we run a field experiment involving about 700 Italian students. According to widespread superstitions, some numbers are considered lucky while...
Persistent link: https://www.econbiz.de/10011117223
This paper uses experimental data to analyze how competitive behavior is influenced by coaching and peer observation. We study behavior in a sequential contest, considering information about the effort level of subjects in other contests (observation of peers) and information about the...
Persistent link: https://www.econbiz.de/10011117230
Standard social choice experiments generally force subjects to make decisions about giving money to another person, but the ability to avoid information outside of the lab could lead to less altruistic or fair behavior than such experiments tend to suggest. I expand on the design of Dana, Weber,...
Persistent link: https://www.econbiz.de/10011117236
While the share of fluctuating renewable energy resources is constantly increasing, the centralized, hierarchical organization of the current energy system cannot adequately accommodate such decentralized electricity generation. New ideas have been developed for improved integration, especially...
Persistent link: https://www.econbiz.de/10011118440
In this paper, we study bidding behavior by firms in beauty-contest auctions, i.e. auctions in which the winning bid is the one which gets closest to some function (average) of all submitted bids. Using a dataset on public procurement beauty-contest auctions in Italy and exploiting a change in...
Persistent link: https://www.econbiz.de/10011123416
This article provides an overview of the use of field experiments in energy and resource economics. I concentrate on two areas of study; field experiments that (i) speak to the use of dynamic pricing plans to manage the use of electricity and water and (ii) explore the adoption of energy saving...
Persistent link: https://www.econbiz.de/10011123632
Tourism management literature in the last decades has paid much attention to the study of resident perceptions and attitudes towards tourism development. Results of empirical research have variously linked such perceptions and attitudes to issues of socio-economic growth and socio-environmental...
Persistent link: https://www.econbiz.de/10011075835
Enforcement can affect compliance directly and indirectly, through spillovers. We study intertemporal enforcement spillovers by conducting a randomized field experiment in a university exam. The initial phase of the experiment is the exam itself. We induce variation in enforcement by randomly...
Persistent link: https://www.econbiz.de/10011076562
This paper develops a reduced form method of controlling for differences in information sets of subjects in public good discrete choice models, using stated preference data. The main contribution of our method comes from accounting for the effect of information provided during a survey on the...
Persistent link: https://www.econbiz.de/10011084747