Showing 31 - 39 of 39
Placing a tattoo is a choice with potentially significant and long-lasting social and economic consequences. In this study we look at the factors determining the decision to place a tattoo and combine this with several outcomes, such as income and employment status, living together with a...
Persistent link: https://www.econbiz.de/10013000070
Redistribution is an inevitable feature of collective pension schemes. It is still largely an open question what people‘s preferences are regarding redistribution - both through pensions schemes as well as more generally. It would seem that economists have little to say about this question, as...
Persistent link: https://www.econbiz.de/10013316175
This paper reports on a series of signaling game experiments in which an informed sender can send a costly message in order to persuade an uninformed responder. We compare the behavior of two subjects pools: 143 undergraduate students and 30 public affairs officials that are professionally...
Persistent link: https://www.econbiz.de/10014169270
A well-documented anomaly in racetrack betting is that the expected return per dollar bet on a horse increases with the probability of the horse winning. This so-called favorite- longshot bias is at odds with the presumptions of market efficiency. We show that the bias is consistent with betters...
Persistent link: https://www.econbiz.de/10014169916
We examine an experimental gift exchange game in which the players can improve upon the unique no-gifts equilibrium through cooperative gift giving. The main feature of the study is that there are two different types of gift exchange, which we call simple and complex exchange, respectively....
Persistent link: https://www.econbiz.de/10014173272
We study an experimental market in which the structure of the information flows is endogenized. When making an offer, traders choose not only the price at which they are prepared to trade, but also the subset of traders they want to inform about the offer. This design allows for two extreme...
Persistent link: https://www.econbiz.de/10014208844
Results are reported of a laboratory experiment aimed at examining whether strategic substitutability and strategic complementarity have an impact on the tendency to cooperate in two-player dominance-solvable games with a Pareto-inefficient Nash equilibrium. We find that there is significantly...
Persistent link: https://www.econbiz.de/10014056834
We give an account of an overlapping-generations experiment with multiple families in which voluntary transfers can take the form of support to the elderly or grants to children. Support to the old is a purely intergenerational (intra-family) transfer, whereas grants to children also involve an...
Persistent link: https://www.econbiz.de/10014091446
This paper presents the results of a political stock market in the Netherlands: PAM94. The exchange covered three consecutive elections, allowing trade on five different markets. The predictions at PAM94 appear to be less accurate than those of previous markets of comparable size. Of the...
Persistent link: https://www.econbiz.de/10012775954