Showing 1 - 10 of 161
-based questionnaire before the experiment and participants’ preferences for resolution timing, risk, and time were incentive compatibly …This experimental study is concerned with the impact of the timing of the resolution of risk on people’s willingness to … inferred from decisions regarding hypothetical choice problems, we had participants put their own money at risk in a real …
Persistent link: https://www.econbiz.de/10005124205
This paper analyzes the effects of network positions and individual risk attitudes on individuals' strategic decisions … in an experiment where actions are strategic substitutes. The game theoretic basis for our experiment is the model of … factors, such as the number of (direct) neighbors, local clustering and individuals' risk attitudes. …
Persistent link: https://www.econbiz.de/10005136539
experiment affects risk taking. We find some evidence of imitation of the risk taking behavior of others that is distinct from …The paper reports the result of an experimental game on asset integration and risk taking. We find evidence that … winnings in earlier rounds affect risk taking in subsequent rounds, but no evidence that real life wealth outside the …
Persistent link: https://www.econbiz.de/10011084146
This paper presents experimental evidence that when individuals are about to make a given decision under risk, they are …
Persistent link: https://www.econbiz.de/10004976787
We conduct a controlled laboratory experiment where subjects dynamically choose their portfolio allocation between a … utility function. We then fit the experimental choices to this model to assess the risk attitude of our subjects. Despite the … substantial heterogeneity across subjects, decreasing absolute risk aversion and increasing relative risk aversion are the most …
Persistent link: https://www.econbiz.de/10011145479
This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey …. We test the behavioral relevance of this survey measure by conducting a complementary field experiment, based on a … representative sample of 450 subjects, and find that the general risk question is a good predictor of actual risk-taking behavior. We …
Persistent link: https://www.econbiz.de/10005123605
problem involves the presence of a 'global risk', that is, a chance of losing everything whichever safe or risky option is … variable is the particular decision stage at which a global risk is resolved: (i) before the investment decision; (ii) after … the investment decision but before the resolution of the investment risk; (iii) after the resolution of the investment …
Persistent link: https://www.econbiz.de/10005136625
consistent with the theoretical results: in the experiment, investment levels with and without legal protection are comparable …
Persistent link: https://www.econbiz.de/10011083356
We examine the effect of single-sex classes on the pass rates, grades, and continued enrollment of students in a coeducational university. We randomly assign students to all-female, all-male, and coed classes and, therefore, get around the selection issues present in studies on single-sex...
Persistent link: https://www.econbiz.de/10011083520
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