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Measuring preferences over intertemporal profiles
Sun, Chen - 2023
Growing evidence indicates that utility over time is different from utility under risk. Hence, measuring intertemporal preferences (discounting and utility) exclusively from intertemporal choices is desirable. We develop a simple method for measuring intertemporal preferences. It is...
Persistent link: https://www.econbiz.de/10014478410
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Axiom preferences and choice mistakes under risk
Herweg, Fabian; Hippel, Svenja; Müller, Daniel; … - 2024
We investigate whether violations of canonical axioms of choice under risk are mistakes or a manifestation of true preferences. First, we elicit axiom and gamble preferences and then allow subjects to revise their potentially conflicting preferences. Among the behavioral patterns that allow for...
Persistent link: https://www.econbiz.de/10014556632
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Free to fail? : paternalistic preferences in the United States
Bartling, Björn; Cappelen, Alexander W.; Hermes, Henning; … - 2023
We study paternalistic preferences in two large-scale experiments with participants from the general population in the United States. Spectators decide whether to intervene to prevent a stakeholder, who is mistaken about the choice set, from making a choice that is not aligned with the...
Persistent link: https://www.econbiz.de/10014280838
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Free to fail? : paternalistic preferences in the United States
Bartling, Björn; Cappelen, Alexander W.; Hermes, Henning; … - 2023
We study paternalistic preferences in two large-scale experiments with participants from the general population in the United States. Spectators decide whether to intervene to prevent a stakeholder, who is mistaken about the choice set, from making a choice that is not aligned with the...
Persistent link: https://www.econbiz.de/10014281580
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Free to fail? : paternalistic preferences in the united states
Bartling, Björn; Cappelen, Alexander W.; Hermes, Henning; … - 2023
In this paper, we evaluate the efficiency of the French State aid plan for broadband deployment, the Plan France Très Haut Débit. According to State aid rules, public subsidies should not be substitute for private investment and should target areas with market failures. We estimate a...
Persistent link: https://www.econbiz.de/10014283912
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Order effects in eliciting preferences
Kopsacheilis, Orestis; Goerg, Sebastian J. - 2023
Having an accurate account of preferences help governments design better policies for their citizens, organizations develop more efficient incentive schemes for their employees and adjust their product to better suit their clients' needs. The plethora of elicitation methods most commonly used...
Persistent link: https://www.econbiz.de/10014319143
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The role of interpersonal uncertainty in prosocial behavior
Chakraborty, Anujit; Henkel, Luca - 2024
In prosocial decisions, decision-makers are inherently uncertain about how their decisions impact others’ utility – we call this interpersonal uncertainty. We show that people’s response to interpersonal uncertainty shapes well-known patterns of prosocial behavior. First, using standard...
Persistent link: https://www.econbiz.de/10014576953
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(Dis)honesty and the value of transparency for campaign promises
Lang, Matthias; Schudy, Simeon - 2023
Promise competition is prevalent in many economic environments, but promise keeping is often difficult to observe. We … study the value of transparency for promise competition and ask whether promises still offer an opportunity to honor future … preferences for truth-telling shape promise competition when promise keeping can(not) be observed and identify the causal effects …
Persistent link: https://www.econbiz.de/10014481101
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Eliciting paternalistic preferences : an incentivised experiment
Schütze, Tobias; Carlhoff, Henrik; Witschel, Helena - 2024 - This version: March 1, 2024
Individual paternalistic preferences are central to the question to what extent the state may intervene in the freedom of choice of its citizens. Albeit its practical and theoretical importance, there is yet no incentivised tool to elicit those preferences. In this paper, we present a simple and...
Persistent link: https://www.econbiz.de/10014486989
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Preference Heterogeneity in Experiments : Comparing the Field and Laboratory
Andersen, Steffen; Harrison, Glenn W.; Igel Lau, Morten; … - 2008
Do laboratory experiments provide a reliable basis for measuring field preferences? Economists recognize that preferences can differ across individuals, but only a few attempts have been made to elicit individual preferences for representative samples of a population in a particular geographical...
Persistent link: https://www.econbiz.de/10014065870