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How uncertainty and ambiguity in tournaments affect gender differences in competitive behavior

Balafoutas, Loukas; Sutter, Matthias - 2019

Tournament incentives prevail in labor markets. Yet, the number of tournament winners is often unclear to competitors. While it is hard to measure how this uncertainty affects work performance and willingness to compete in the field, it can be studied in a controlled lab experiment. We present a...

Persistent link: https://www.econbiz.de/10012015779

Diagnostic uncertainty and insurance coverage in credence goods markets

Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2020 - This version: 5 November 2020

Credence goods markets - like health care or repair services - with their informational asymmetries between expert sellers and uninformed customers are prone to fraudulent behavior of sellers and resulting market inefficiencies. Only little is known so far about how diagnostic uncertainty of...

Persistent link: https://www.econbiz.de/10012237208

How uncertainty and ambiguity in tournaments affect gender differences in competitive behavior

Balafoutas, Loukas; Sutter, Matthias - 2019

Persistent link: https://www.econbiz.de/10012007413

How uncertainty and ambiguity in tournaments affect gender differences in competitive behavior

Balafoutas, Loukas; Davis, Brent J.; Sutter, Matthias - 2017

Tournament incentives prevail in labor markets, in particular with respect to promotions. Yet, it is often unclear to competitors how many winners there will be or how many applicants compete in the tournament. While it is hard to measure how this uncertainty affects work performance and...

Persistent link: https://www.econbiz.de/10011722124

Impatience and uncertainty : Experimental decisions predict adolescents' field behavior

Sutter, Matthias; Kocher, Martin; Glätzle-Rützler, Daniela - 2010

Persistent link: https://www.econbiz.de/10009234314

Impatience and uncertainty : experimental decisions predict adolescents' field behavior

Sutter, Matthias; Kocher, Martin; Glätzle-Rützler, Daniela - 2010 - This version: 22 December 2010

We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to …) and are less likely to save money. Experimental measures for risk and ambiguity attitudes are only weak predictors of … field behavior. -- experiments with children and adolescents ; risk ; ambiguity ; time preferences ; health status ; savings …

Persistent link: https://www.econbiz.de/10009737080

Causes, consequences, and cures of myopic loss aversion : an experimental investigation

Fellner, Gerlinde; Sutter, Matthias - 2005

Myopic loss aversion (MLA) has been established as one prominent explanation for the equity premium puzzle. In this paper we address two issues related to the effects of MLA on risky investment decisions. First, we assess the relative impact of feedback frequency and investment flexibility (via...

Persistent link: https://www.econbiz.de/10010365910

Impatience and uncertainty : experimental decisions predict adolecents' field behavior

Sutter, Matthias; Kocher, Martin; Glätzle-Rützler, Daniela - 2011 - This version: 22 December 2010

Persistent link: https://www.econbiz.de/10008821664

Diagnostic uncertainty and insurance coverage in credence goods markets

Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2023 - This version: 29 September 2023

In markets for credence goods – such as health care or repair services – fraudulent behavior by better informed experts is a common problem. Our model studies how four common features shape experts’ provision behavior in credence goods markets: (i) diagnostic uncertainty of experts; (ii)...

Persistent link: https://www.econbiz.de/10014382483

Serving consumers in an uncertain world : a credence goods experiment

Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2023 - This version: 3 October 2023

Credence goods markets are prone to fraudulent behavior and market inefficiencies due to informational asymmetries between sellers and customers. We examine experimentally the effects of diagnostic uncertainty and insurance coverage on the information acquisition and provision decisions by...

Persistent link: https://www.econbiz.de/10014382489