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Agricultural Decisions after Relaxing Credit and Risk Constraints
Karlan, Dean S.; Osei, Robert; Osei-Akoto, Isaac; Udry, … - C.E.P.R. Discussion Papers - 2012
leads to significantly larger agricultural investment and riskier production choices in agriculture. The salient constraint …The investment decisions of small-scale farmers in developing countries are conditioned by their financial environment …. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We …
Persistent link: https://www.econbiz.de/10011083318
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Defaults and Donations: Evidence from a Field Experiment
Altmann, Steffen; Falk, Armin; Heidhues, Paul; … - C.E.P.R. Discussion Papers - 2014
We study how website defaults affect consumer behavior in the domain of charitable giving. In a field experiment that …
Persistent link: https://www.econbiz.de/10011145453
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Nudging with information: a randomized field experiment on reminders and feedback
Calzolari, Giacomo; Nardotto, Mattia - C.E.P.R. Discussion Papers - 2011
empirical analysis of the effects of reminders and feedback on investment activities involving up-front costs and delayed … benefits, such as education and healthy behavior. By means of a randomized field experiment, we show that simple weekly …
Persistent link: https://www.econbiz.de/10009322502
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Tuition fees as a commitment device
Ketel, Nadine; Linde, Jona; Oosterbeek, Hessel; van der … - C.E.P.R. Discussion Papers - 2014
This paper reports on a field experiment testing for sunk-cost effects in an education setting. Students signing up for …
Persistent link: https://www.econbiz.de/10011083974
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Individual Risk Attitudes: New Evidence from a Large, Representative, Experimentally-Validated Survey
Dohmen, Thomas J; Falk, Armin; Huffman, David; Schupp, … - C.E.P.R. Discussion Papers - 2006
. We test the behavioral relevance of this survey measure by conducting a complementary field experiment, based on a …
Persistent link: https://www.econbiz.de/10005123605
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Risk Aversion in a Dynamic Asset Allocation Experiment
Brocas, Isabelle; Carrillo, Juan D; Giga, Aleksandar; … - C.E.P.R. Discussion Papers - 2015
We conduct a controlled laboratory experiment where subjects dynamically choose their portfolio allocation between a …
Persistent link: https://www.econbiz.de/10011145479
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Predicting Lotto Numbers
Jørgensen, Claus Bjørn; Suetens, Sigrid; Tyran, … - C.E.P.R. Discussion Papers - 2011
We investigate the "law of small numbers" using a unique panel data set on lotto gambling. Because we can track individual players over time, we can measure how they react to outcomes of recent lotto drawings. We can therefore test whether they behave as if they believe they can predict lotto...
Persistent link: https://www.econbiz.de/10008925716
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Paying for Confidence: An Experimental Study of the Demand for Non-Instrumental Information
Eliaz, Kfir; Schotter, Andrew - C.E.P.R. Discussion Papers - 2009
This paper presents experimental evidence that when individuals are about to make a given decision under risk, they are willing to pay for information on the likelihood that this decision is ex-post optimal, even if this information will not affect their decision. Our findings suggest that this...
Persistent link: https://www.econbiz.de/10004976787
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Smiling is a Costly Signal of Cooperation Opportunities: Experimental Evidence from a Trust Game
Centorrino, Samuele; Djemai, Elodie; Hopfensitz, Astrid; … - C.E.P.R. Discussion Papers - 2011
We test the hypothesis that "genuine" or "convincing" smiling is a costly signal that has evolved to induce cooperation in situations requiring mutual trust. Potential trustees in a trust game made video clips for viewing by potential trusters before the latter decided whether to send them...
Persistent link: https://www.econbiz.de/10009002386
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Organizations, Diffused Pivotality and Immoral Outcomes
Falk, Armin; Szech, Nora - C.E.P.R. Discussion Papers - 2013
This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for money or to save mice. We compare a Baseline treatment where subjects are fully pivotal to a Diffused-Pivotality treatment where subjects simultaneously choose in groups of...
Persistent link: https://www.econbiz.de/10011084048