Showing 1 - 10 of 1,102
Single-sex classes within coeducational environments are likely to modify students' risk-taking attitudes in … economically important ways. To test this, we designed a controlled experiment using first year college students who made choices …
Persistent link: https://www.econbiz.de/10013118042
' time and risk preferences. We find no influence on anchoring. However, even if biases are lower for people with higher …
Persistent link: https://www.econbiz.de/10013324818
Although both economists and psychologists seek to identify determinants of heterogeneity in behavior, they use different concepts to capture them. In this review we first analyze the extent to which economic preferences and psychological concepts of personality – such as the Big Five and...
Persistent link: https://www.econbiz.de/10013107699
We consider the external validity of laboratory measures of risk attitude. Based on a large-scale experiment using a … laboratory risky financial decisions, and (ii) behavior in naturally-occurring field behavior under risk (financial, health and … employment decisions). We find that measures of risk attitude are related to behavior in laboratory financial decisions and the …
Persistent link: https://www.econbiz.de/10012868010
studied in a controlled lab experiment. We present a novel experiment where subjects can compete against each other, but the …
Persistent link: https://www.econbiz.de/10012868836
This paper presents the Bomb Risk Elicitation Task (BRET), an intuitive procedure aimed at measuring risk attitudes … truncation of the data, allows to precisely estimate both risk aversion and risk seeking, and is not affected by the degree of …-scale experiment. Choices react significantly to the stakes and to the size of the choice set. Our experiment rationalizes the gender …
Persistent link: https://www.econbiz.de/10013103490
punish, which in turn reduces the deterrence effect of high fines. Using a laboratory experiment, we identify these effects …
Persistent link: https://www.econbiz.de/10013014016
Using a unique field experiment from Canada, we estimate individual preference over risk and time and show considerable … preferences. We find that both long-run discount factors and subjective payment failure risk parameters have a high degree of …
Persistent link: https://www.econbiz.de/10012979444
We report results from an incentivized laboratory experiment to provide controlled evidence on the causal effects of … alcohol consumption on risk preferences, time perception and altruism. Our design allows disentangling the pharmacological …: those participating to an experiment with no reference to alcohol, those exposed to the possibility of consuming alcohol but …
Persistent link: https://www.econbiz.de/10013053534
In economic models, risk and social preferences are major determinants of criminal behavior. In criminology, low self … relationship between self-control and both risk and social preferences. To exogenously vary the level of self-control, we use a … well-established experimental manipulation. We find that low self-control causes less risk-averse behavior. The effect of …
Persistent link: https://www.econbiz.de/10013055223