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We propose an easy-to-use method for estimating preference parameters experimentally: choices from strictly concave budget restrictions (SCBRs). SCBRs generalize the popular method of analyzing choices from linear budget restrictions (LBRs). SCBRs promise (i) to improve the informational content...
Persistent link: https://www.econbiz.de/10015062922
We experimentally investigate how players with opposing views compete for influence through strategic targeting in networks. We varied the network structure, the relative influence of the opponent, and the heterogeneity of the nodes' initial opinions. Although most players adopted a...
Persistent link: https://www.econbiz.de/10015069374
This paper explores sources of complexity in dynamic optimization, examining how individuals navigate variation in incomes, prices, and returns in ten-period consumption-saving decisions. Our findings reveal that dynamic optimization poses significant challenges, resulting in suboptimal choices...
Persistent link: https://www.econbiz.de/10015056146
This report evaluates the computational reproducibility and analytical robustness of Exley and Kessler's (2024) investigation into "motivated errors," which suggests that individuals may rationalize selfish behavior by attributing their errors to confusion. Using the original data and code, we...
Persistent link: https://www.econbiz.de/10015069835
Economic research on gender gaps in preferences and economic outcomes has focused on variation with respect to sex-a binary classification as either a "man" or "woman." We validate a novel and simple measure of self-reported continuous gender identity (CGI) and explore whether gender identity...
Persistent link: https://www.econbiz.de/10015070341