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choices being observed, compared to anonymity of choices, on risk taking in a laboratory experiment. I relate participants … strong evidence for gender-specific norms in risk taking. While these explain part of the existing gender gap in risk taking …
Persistent link: https://www.econbiz.de/10011930435
This study analyzes how risk attitudes change when individuals become parents using longitudinal data for a large and representative sample of individuals. The results show that men and women experience a considerable increase in risk aversion which already starts as early as two years before...
Persistent link: https://www.econbiz.de/10010498567
experiment with a large representative sample (N = 1,832), we vary whether risky choices are induced to be based on either …
Persistent link: https://www.econbiz.de/10012118611
Time pressure is a central aspect of economic decision making nowadays. It is therefore natural to ask how time pressure affects decisions, and how to detect individual heterogeneity in the ability to successfully cope with time pressure. In the context of risky decisions, we ask whether a...
Persistent link: https://www.econbiz.de/10011899690
experiment with a student subject pool in Germany. In addition, we replicate the experiment as an online experiment with citizens … of flood-prone areas in the city of Dornbirn (Austria). The experiment reflects two possible designs of governmental …
Persistent link: https://www.econbiz.de/10012385314
In many economic contexts, an elusive variable of interest is the agent's belief about relevant events, e.g. about other agents' behavior. A growing number of surveys and experiments ask participants to state beliefs explicitly but little is known about the causal relation between beliefs and...
Persistent link: https://www.econbiz.de/10009583740
. While part of this effect may be explained by gender differences in risk attitudes and overconfidence, previous studies have … attributed the majority of the gender gap to gender differences in a separate 'competitiveness' trait. We re-examine this result … experimental design. In contrast to the literature, our results imply that the whole gender gap is driven by risk attitudes and …
Persistent link: https://www.econbiz.de/10011597970
Persistent link: https://www.econbiz.de/10012549175
We generalize the Rubinstein (1982) bargaining model by disentangling payoff delay from bargaining delay. We show that our extension is isomorphic to generalized discounting with dynamic consistency and characterize the unique equilibrium. Using a novel experimental design to control for various...
Persistent link: https://www.econbiz.de/10012266524
Stated survey measures of risk preferences are increasingly being used in the literature, and they have been compared to revealed risk aversion primarily by means of experiments such as lottery choice tasks. In this paper, we investigate educational choice, which involves the comparison of risky...
Persistent link: https://www.econbiz.de/10010249634