Showing 1 - 10 of 103
-based questionnaire before the experiment and participants’ preferences for resolution timing, risk, and time were incentive compatibly … measured during the experiment. Main findings are that delayed resolution can affect investment, that the effect depends on the …This experimental study is concerned with the impact of the timing of the resolution of risk on people’s willingness to …
Persistent link: https://www.econbiz.de/10005144438
This paper is concerned with a policy oriented macroeconomic experiment involving an 'international' economy with a …
Persistent link: https://www.econbiz.de/10005144436
This study attempts to combine two traditional fields in microeconomics: individual decision making under risk and … decision making in an interpersonal context. The influence of social comparison on risky choices is explored in an experiment … referent so strategic behavior or social preferences can play no role. We find that decision makers are more risk-averse in the …
Persistent link: https://www.econbiz.de/10008513239
dictator game. In our experiment teams are more selfish than individuals, and the most selfish team member has the strongest …
Persistent link: https://www.econbiz.de/10005137046
-making experiment preceding the take game. The game consists of two stages. In the first stage, the take authority decides how much …
Persistent link: https://www.econbiz.de/10005137100
We investigate experimentally whether emotions affect bidding behavior in a first price auction. To induce emotions, we confront subjects after a first auction series with a positive or negative random economic shock. We then explore the relation between emotions and bidding behavior in a second...
Persistent link: https://www.econbiz.de/10005137109
The formation of social ties is examined in an experimental study of voluntary public good provision. The experiment …
Persistent link: https://www.econbiz.de/10005137243
maximization problem of the firm. As a result, monitoring and pay should be complements. In our experiment, between and within …
Persistent link: https://www.econbiz.de/10005144512
verdict. In this experiment we examine the relationship between evidence of which the strength is known, subjective …
Persistent link: https://www.econbiz.de/10005209452
Social preference models were originally constructed to explain two things: why people spend money to affect the earnings of others and why the income of others influences reported happiness. We test these models in a novel experimental situation where participants face a risky decision that...
Persistent link: https://www.econbiz.de/10009391881