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by a large literature. Here we test whether the occurrence of bubbles depends on the experimental subjects' cognitive … sophistication. In a two-part experiment, we first run a battery of tests to assess the subjects' cognitive sophistication and …
Persistent link: https://www.econbiz.de/10011127588
data to test for this effect in a simulated labor relatonship. We find a consistent discrepancy between employer beliefs …
Persistent link: https://www.econbiz.de/10005827477
experiment to explore optimal contracts in an adverse-selection context. A principal proposes one of three contract menus, each …
Persistent link: https://www.econbiz.de/10005772130
dated preferences. We test the descriptive validity of these rationality arguments with a dynamic version of Ellsberg …'s three color experiment and that subjects act more often in line with consequentialism than with dynamic consistency. …
Persistent link: https://www.econbiz.de/10011071929
behaviorally the link between conditional and unconditional preferences. To test the descriptive validity of these rationality … concepts, we conduct a dynamic extension of Ellsbergʼs 3-color experiment. We find that more subjects act in line with …
Persistent link: https://www.econbiz.de/10011073068
as possible linear pricing rules and can be used to determine the investment opportunities available in such an economy …
Persistent link: https://www.econbiz.de/10010706980
Persistent link: https://www.econbiz.de/10010707648
uncertainty. The model explicitly accounts for equipment availability and load duration curves in selecting optimal investment …
Persistent link: https://www.econbiz.de/10010707789
The investment procedure prescribes the stages and tests through which all investment projects must pass before being … paper, we intend to understand how investment procedures enable grand ideals regarding investment to be institutionalised … effect during the process of institutionalisation, through which grand investment ideals (e.g. competitiveness, value …
Persistent link: https://www.econbiz.de/10011072276
The investment procedure prescribes the stages and tests through which all investment projects must pass before being … paper, we intend to understand how investment procedures enable grand ideals regarding investment to be institutionalised … effect during the process of institutionalisation, through which grand investment ideals (e.g. competitiveness, value …
Persistent link: https://www.econbiz.de/10011072823