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Preferences for gender diversity in high-profile jobs

Högn, Celina; Mayer, Lea; Rincke, Johannes; Winkler, Erwin - 2025

This paper examines preferences for gender diversity among co-workers. Using stated-choice experiments with 5,400 PhD students and university students in Germany, we uncover a substantial willingness to pay (WTP) for gender diversity of up to 5% of earnings on average. Importantly, we find that...

Persistent link: https://www.econbiz.de/10015331997

Heterogeneous substitutability preferences

Drupp, Moritz A.; Meya, Jasper; Bos, Björn; Disque, Simon - 2024

We study the heterogeneity of preferences regarding the limited substitutability of environmental public goods vis-a-vis private consumption goods and how it affects the economic valuation of environmental public goods. We show theoretically that mean marginal willingness to pay for an...

Persistent link: https://www.econbiz.de/10014578444

Just cheap talk? : investigating fairness preferences in hypothetical scenarios

Hufe, Paul; Weishaar, Daniel - 2025

to the incentivized experiment and recovers fairness preferences that are stable over time. Furthermore, we show that …

Persistent link: https://www.econbiz.de/10015191590

Still in search of the sunk cost bias

Negrini, Marcello; Riedl, Arno; Wibral, Matthias - 2020

psychological channels underlying such a bias is scarce. We present a laboratory experiment designed to investigate the sunk cost …Evidence from hypothetical scenarios strongly suggests the existence of a sunk cost bias, the tendency to ‘throw good … bias and to test some prominent psychological mechanisms. Inspired by the hypothetical scenarios, we use a two …

Persistent link: https://www.econbiz.de/10012299784

Approximate expected utility rationalization

Echenique, Federico; Imai, Taisuke; Saito, Kota - 2018

We propose a new measure of deviations from expected utility, given data on economic choices under risk and uncertainty. In a revealed preference setup, and given a positive number e, we provide a characterization of the datasets whose deviation (in beliefs, utility, or perceived prices) is...

Persistent link: https://www.econbiz.de/10011931433

Time will tell : recovering preferences when choices are noisy

Alós-Ferrer, Carlos; Fehr, Ernst; Netzer, Nick - 2018 - This version: October 2018

The ability to uncover preferences from choices is fundamental for both positive economics and welfare analysis. Overwhelming evidence shows that choice is stochastic, which has given rise to random utility models as the dominant paradigm in applied microeconomics. However, as is well known, it...

Persistent link: https://www.econbiz.de/10011929616

Revealed incomplete preferences under uncertainty

Cettolin, Elena; Riedl, Arno - 2015

The completeness axiom of choice has been questioned for long, and in response, theoretical models of decision making allowing for incomplete preferences have been developed. So far the theoretical accomplishments have however not been paired with empirical evidence on the actual existence of...

Persistent link: https://www.econbiz.de/10010519933

Revealed preferences in sequential prisoners' dilemma : a horse-race between five utility functions

Miettinen, Topi; Kosfeld, Michael; Fehr, Ernst; … - 2017

biases in subjects' expectations. We find a consensus bias (whereby subjects believe others behave like themselves) and a …

Persistent link: https://www.econbiz.de/10011611150

Teachers' desired mobility to disadvantaged schools : do financial incentives matter?

Silhol, Julien; Wilner, Lionel - 2022

on this quasi-natural experiment, it evaluates the impact of those incentives on teachers' stated preferences to move to …

Persistent link: https://www.econbiz.de/10013358953

Afriat's theorem for indivisible goods

Forges, Françoise; Iehlé, Vincent - 2013

We identify a natural counterpart of the standard GARP for demand data in which goods are all indivisible. We show that the new axiom (DARP, for “discrete axiom of revealed preference”) is necessary and sufficient for the rationalization of the data by a well-behaved utility function. Our...

Persistent link: https://www.econbiz.de/10010212659