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WTP vs. WTA : Christmas Presents and the Endowment Effect

Schmidt, Christoph M.; Bauer, Thomas K. - 2021

Using data on the valuation of Christmas gifts received by students in different fields at a German university, we investigate whether the endowment effect differs between students of economics and other respondents and whether it varies with the market price of the object under consideration....

Persistent link: https://www.econbiz.de/10013324760

An Experimental Study of Sex Segregation in the Swedish Labour Market : Is Discrimination the Explanation?

Carlsson, Magnus; Rooth, Dan-Olof - 2021

This paper studies whether sex discrimination is the cause of sex segregation in the Swedish labour market. The correspondence testing (CT) method was used, which entails two qualitatively identical applications, one with a female name and one with a male name, being sent to employers...

Persistent link: https://www.econbiz.de/10013324803

Is it Your Foreign Name or Foreign Qualifications? An Experimental Study of Ethnic Discrimination in Hiring

Carlsson, Magnus; Rooth, Dan-Olof - 2021

This paper contributes to the existing literature on ethnic discrimination of immigrants in hiring by addressing the central question of what employers act on in a job application. The method involved sending qualitatively identical resumes signalling belonging to different ethnic groups to...

Persistent link: https://www.econbiz.de/10013324806

Alternative Approaches to Evaluation in Empirical Microeconomics

Blundell, Richard W.; Costa Dias, Monica - 2021

This paper reviews some of the most popular policy evaluation methods in empirical microeconomics: social experiments, natural experiments, matching, instrumental variables, discontinuity design, and control functions. It discusses identification of traditionally used average parameters and more...

Persistent link: https://www.econbiz.de/10013324816

Subjective Performance Evaluation and Inequality Aversion

Grund, Christian; Przemeck, Judith - 2021

Many firms use subjective performance appraisal systems due to lack of objective performance measures. In these cases, supervisors usually have to rate the performance of their subordinates. Using such systems, it is a well established fact that many supervisors tend to assess the employees too...

Persistent link: https://www.econbiz.de/10013324841

Selection and Mode Effects in Risk Preference Elicitation Experiments

von Gaudecker, Hans-Martin; van Soest, Arthur; … - 2021

We combine data from a risk preference elicitation experiment conducted on a representative sample via the Internet … with laboratory data on students for the same experiment to investigate effects of implementation mode and of subject pool … selection. We find that the frequency of errors in the lab experiment is drastically below that of the representative sample in …

Persistent link: https://www.econbiz.de/10013324852

Physicians' Multitasking and Incentives : Empirical Evidence from a Natural Experiment

Dumont, Etienne; Fortin, Bernard; Jacquemet, Nicolas; … - 2021

We analyse how physicians respond to contractual changes and incentives within a multitasking environment. In 1999 the Quebec government (Canada) introduced an optional mixed compensation system, combining a fixed per diem with a discounted (relative to the traditional fee-for-service system)...

Persistent link: https://www.econbiz.de/10013324869

Elite Capture, Political Voice and Exclusion from Aid : An Experimental Study

D'Exelle, Ben; Riedl, Arno - 2021

We experimentally study the influence of local information conditions on elite capture and social exclusion in community-based development schemes with heterogeneous groups. Not only information on the distribution of aid resources through community-based schemes, but also information on who...

Persistent link: https://www.econbiz.de/10013325003

Information and Beliefs in a Repeated Normal-Form Game

Fehr, Dietmar; Kübler, Dorothea; Danz, David Nils - 2021

We study beliefs and choices in a repeated normal-form game. In addition to a baseline treatment with common knowledge of the game structure and feedback about choices in the previous period, we run treatments (i) without feedback about previous play, (ii) with no information about the...

Persistent link: https://www.econbiz.de/10013325045

Do We Follow Others When We Should? A Simple Test of Rational Expectations

Weizsacker, Georg - 2021

The paper presents a new meta data set covering 13 experiments on the social learning games by Bikhchandani, Hirshleifer, and Welch (1992). The large amount of data makes it possible to estimate the empirically optimal action for a large variety of decision situations and ask about the economic...

Persistent link: https://www.econbiz.de/10013325050