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We extend previous theoretical work on n-players complete information all-pay auction to incorporate heterogeneous risk and loss averse utility functions. We provide sufficient and necessary conditions for the existence of equilibria with a given set of active players with any strictly...
Persistent link: https://www.econbiz.de/10012935967
We design an all-pay auction experiment in which we reveal the gender of the opponent. Using this design, we find that women bid higher than men, but only when bidding against other women. These findings, interpreted through a theoretical model incorporating differences in risk attitude and the...
Persistent link: https://www.econbiz.de/10012937080
We measured gender differences in preferences for mate income ex-ante to interaction (“income attraction”) in a field experiment on one of China's largest online dating websites. To rule out unobserved factors correlated with income as the basis of attraction, we randomly assigned income...
Persistent link: https://www.econbiz.de/10012937491
Many prior studies suggest that default alphabetical ordering of coauthors in economics confers disproportionate professional advantages on those with an early surname initial because of the greater prominence it gives to the first author. However, these studies do not consider that authors...
Persistent link: https://www.econbiz.de/10012937524
The mixed strategy Nash equilibrium (MNE) is a well-established concept in theory, but empirical and experimental support has been hampered by the need for a large sample size for across-subject choices and serial correlation for within-subject choices. We overcome these difficulties in testing...
Persistent link: https://www.econbiz.de/10013251100
A large body of chiefly laboratory research has attempted to demonstrate that people can exhibit choice-averse behavior from cognitive overload when faced with many options. However, meta-analyses of these studies, which are generally of one or two product lines, reveal conflicting results....
Persistent link: https://www.econbiz.de/10013251280
A controversy has been simmering in law for at least 30 years about whether pro bono work should be mandatory for lawyers, who now donate 1-3% of their time to the poor. This has centered on the unmet legal needs of the poor, the duty of lawyers, and the contrast with US doctors, who are...
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