Showing 21 - 30 of 97
We conduct a controlled lab-field experiment to directly test the short-run spillover effects of one-off financial …
Persistent link: https://www.econbiz.de/10011126577
Subjects who overestimate their performance in experimental tasks unrelated to travel are less willing to insure against failing in the task and also less inclined to buy travel insurance. This suggests intrinsic optimism influences insurance demand and diminishes adverse selection
Persistent link: https://www.econbiz.de/10011128051
Two behavioral models of two-person normal-form game play are presented and estimated, using three experimental data sets. The models are variants of the Quantal Response Equilibrium model defined by McKelvey and Palfrey (1995, Games and Economic Behavior), but allow a player to hold inaccurate...
Persistent link: https://www.econbiz.de/10011071393
We look at the links between the Digit Ratio - the ratio of the length of the index finger to the length of the ring finger – for both right and left hands, and giving in a Dictator Game. Unlike previous studies with exclusively Caucasian subjects, we recruited a large, ethnically diverse...
Persistent link: https://www.econbiz.de/10011171763
It is known from the literature on uncertainty that in cases where individuals express a preference for a high win-probability bet over a bet with high winnings they nevertheless will bid more to obtain the bet with high winnings. We investigate whether a similar phenomenon applies in the...
Persistent link: https://www.econbiz.de/10010928778
test alternative theories of risk and uncertainty in the context of health outcomes. …
Persistent link: https://www.econbiz.de/10010884553
question, the evidence suggests uncertainty is damaging for short-run investment and hiring, but there is some evidence it may …
Persistent link: https://www.econbiz.de/10011126328
Building on previous studies on perceptions of inequality, welfare and risk we investigate the structure of individuals …' rankings of uncertain prospects in terms of risk and their relationship to individual preferences. We examine three interlinked … propositions that are fundamental to the standard economic approach to risk: (i) that rankings by risk are simply the reverse of …
Persistent link: https://www.econbiz.de/10010744849
Orderings of income distribution in terms of inequality should be closely related to orderings in terms of risk. Using … a novel mult-country questgionnaire experiment we examine the basis for this claim in terms of respondents …' distributional perceptions. We show that in terms of both inequality and risk individuals consistently reject one of the standard …
Persistent link: https://www.econbiz.de/10010746203
simultaneously matching stock market participation and individual asset holdings. The high risk premium is driven by incomplete risk … negligible impact on the risk premium, contrary to the results of models where it is imposed exogenously. …
Persistent link: https://www.econbiz.de/10010744865