Search Results - subject:"experiments."

Job Market Signaling and Screening: An Experimental Comparison

Kübler, Dorothea; Müller, Wieland; Normann, Hans-Theo - Institute for the Study of Labor (IZA) - 2005

We analyze the Spence education game in experimental markets. We compare a signaling and a screening variant, and we analyze the effect of increasing the number of competing employers from two to three. In all treatments, more efficient workers invest more often in education and employers offer...

Persistent link: https://www.econbiz.de/10005763802

Attitudes toward Private and Collective Risks in Individual and Strategic Choice Situations

Brennan, Geoffrey; Güth, Werner; Gonzalez, Luis G.; … - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2005

Idiosyncratic risk attitudes are usually assumed to be commonly known and restricted to own payoffs. However, the alternatives faced by a decision maker often involve risks for others' payoffs as well. Motivated by the importance of other-regarding preferences in social interactions, this paper...

Persistent link: https://www.econbiz.de/10005765150

Measuring the Degree of Ambiguity about Probability: Experimental Evidence

Morone, Andrea; Ozdemir, Ozlem - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2005

Different from previous studies that use a best estimate, interval, or sets of probabilities, we represent the degree of ambiguity through levels of information provided to subjects. The willingness to pay is higher when more amount of information is provided.

Persistent link: https://www.econbiz.de/10005765194

Comparison of Mean-Variance Theory and Expected-Utility Theory through a Laboratory Experiment

Morone, Andrea - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2005

In the 40's and early 50' two decision theories were proposed and have since dominated the scene of the fascinating field of decision-making. In 1944 - when von Neumann and Morgenstern showed that if preferences are consistent with a set of axioms then it is possible to represent these...

Persistent link: https://www.econbiz.de/10005765197

Negative Stereotypes and Willingness to Change Them: Testing Theories of Discrimination in South Africa

Aguero, Jorge - EconWPA - 2005

This paper proposes a new test to distinguish between the two leading theories of discrimination: preference versus information. Discrimination based on preferences occurs when people behave as if they refuse to change their stereotypes about the capabilities of discriminated individuals. Those...

Persistent link: https://www.econbiz.de/10005076553

Are Vietnamese Farmers Concerned with their Relative Position in Society?

Carlsson, Fredrik; Nam, Pham Khanh; Linde-Rahr, Martin; … - Nationalekonomiska institutionen, Handelshögskolan - 2005

This paper examines the attitude towards relative position or status among rural households in Vietnam. On average, the respondents show weaker preferences for relative position than in comparable studies in Western countries. Possible explanations are the emphasis on the importance of equality...

Persistent link: https://www.econbiz.de/10005651707

The Danish Dispersal Policy on Refugee Immigrants 1986-1998: A Natural Experiment?

Piil Damm, Anna - Nationalökonomisk Institut, Institut for Økonomi - 2005

This paper investigates whether the Danish Dispersal Policy on new refugee immigrants carried out from 1986 to 1998 can be regarded as a natural experiment. Were refugees randomly assigned to a location? The main findings are as follows. First, around 90% of new refugees were assigned to a...

Persistent link: https://www.econbiz.de/10005652475

Minorities and Storable Votes

Casella, Alessandra; Palfrey, Thomas R; Riezman, Raymond - C.E.P.R. Discussion Papers - 2005

confirmed by a series of experiments: the frequency of minority victories, the relative payoff of the minority versus the …

Persistent link: https://www.econbiz.de/10005656276

Bringing Macroeconomics into the Lab

Ricciuti, Roberto - Dipartimento di Politica Economica, Finanza e Sviluppo … - 2005

This paper reviews experiments in macroeconomics, pointing out the theoretical justifications, the strengths and … weaknesses of this approach. We identify two broad classes of experiments: general equilibrium and partial equilibrium … experiments, and emphasize the idea of theory testing that is behind these. A large number of macroeconomic issues have been …

Persistent link: https://www.econbiz.de/10005572322

Collaborative Networks in Experimental Triopolies

Ziegelmeyer, Anthony; Pantz, Katinka - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2005

. We report the results of a series of experiments. The first experiment is designed as a straightforward theory …

Persistent link: https://www.econbiz.de/10005587998