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Gaudecker, Hans-Martin von; Wogrolly, Axel; Zimpelmann, … - 2022

This paper analyzes the stability and distribution of ambiguity attitudes using a broad population sample. Using high-powered incentives, we collected six waves of data on ambiguity attitudes about financial markets – our main application – and climate change. Estimating a structural...

Persistent link: https://www.econbiz.de/10014236203

Ambiguity and Excuse-Driven Behavior in Charitable Giving

Garcia, Thomas - 2020

A donation may have ambiguous costs or ambiguous benefits. Behavior in a laboratory experiment suggests that …

Persistent link: https://www.econbiz.de/10012843721

Do Measures of Risk Attitude in the Laboratory Predict Behavior Under Risk in and Outside of the Laboratory?

Charness, Gary - 2019

We consider the external validity of laboratory measures of risk attitude. Based on a large-scale experiment using a …

Persistent link: https://www.econbiz.de/10012868010

Gambling Habits and Probability Judgements in a Bayesian Task Environment

Dickinson, David L.; Reid, Parker - 2023

information sources. Exploratory analysis, however, revealed interesting effects related to self-reported gambling frequency …-reported gambling frequency was stronger for females. Decision modeling found a decreased weight placed on new evidence (over base rate … frequency of gambling to worse performance in the critical probability assessment skills that should benefit gambling success (i …

Persistent link: https://www.econbiz.de/10014346673

Why Pay Taxes When No One Else Does?

Epstein, Gil S. - 2009

present a model which incorporates elements from the theory of information cascades with the standard model of tax evasion and …

Persistent link: https://www.econbiz.de/10013159940

Reverse Bayesianism : Revising Beliefs in Light of Unforeseen Events

Becker, Christoph; Melkonyan, Tigran A.; Proto, Eugenio; … - 2021

Bayesian Updating is the dominant theory of learning in economics. The theory is silent about how individuals react to …

Persistent link: https://www.econbiz.de/10013315077

Risk and Saving in Two-Person Households : More Scope for Precautionary Saving

Apps, Patricia - 2012

The existing literature suggests that when the saving decision of two-earner households under risk is analysed, standard results on the existence of precautionary saving no longer apply: precautionary saving is obtained if and only if very stringent conditions hold. This paper shows that when...

Persistent link: https://www.econbiz.de/10013099761

Gender and Competition : Evidence from Jumping Competitions

Böheim, René - 2013

We analyze if female athletes differ from male athletes in their competitive behavior, using data from high jump and pole vault competitions. We estimate if female athletes use risky strategies as often as male athletes and whether or not their returns to risky strategies differ. Returns to...

Persistent link: https://www.econbiz.de/10013085469

Career Lotto : Labor Supply in Winner-Take-All Markets

Grove, Wayne A. - 2019

Are people prone to selecting occupations with highly skewed income distributions despite minuscule chances of success? Assembling a comprehensive pool of potential teenage entrants into professional tennis (a typical winner-take-all market), we construct objective measures of relative ability...

Persistent link: https://www.econbiz.de/10012894561

Buying Lottery Tickets for Foreign Workers : Search Cost Externalities Induced by H-1b Policy

Sharma, Rishi R.; Sparber, Chad - 2021

The H-1B program allows firms in the United States to temporarily hire high-skilled foreign citizens. H-1B workers are highly concentrated among a small number of firms. We develop a theoretical model demonstrating that this phenomenon is an artifact of policy design: When the government...

Persistent link: https://www.econbiz.de/10013314927