Showing 1 - 10 of 1,079
abstract from confounding effects of reciprocal behavior, we design an experiment where a public official decides upon … early periods. Risk attitudes measured with a subsequent lottery-choice experiment do not correlate with the behavior … observed in the corruption experiment. We explain our findings by a systematic underestimation of the overall probability of …
Persistent link: https://www.econbiz.de/10013081828
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
endowment effect experiment by eliciting both WTA and WTP from each of our 360 subjects (randomly selected customers of a car …
Persistent link: https://www.econbiz.de/10013316870
We investigate the relationship between subjective probabilities of future stock market returns and decisions about stockholding. Specifically, we examine whether acting upon subjective probabilities is confined to individuals with high cognitive skills. We explore this question using data from...
Persistent link: https://www.econbiz.de/10013085047
We confront a representative sample of one 1,102 Dutch individuals with a series of incentivized investment decisions …
Persistent link: https://www.econbiz.de/10013089008
within a particular range. We test the hypotheses in a lab experiment with a large number of subjects (N = 308), using a well …
Persistent link: https://www.econbiz.de/10013001860
We report an experiment that infers true overconfidence in relative ability through actions, as opposed to reported …
Persistent link: https://www.econbiz.de/10012962309
In this study we experimentally investigate whether solidarity, which is a crucial base for informal insurance arrangements in developing countries, is sensitive to the extent to which individuals can influence their risk exposure. With slum dwellers of Nairobi our design measures subjects'...
Persistent link: https://www.econbiz.de/10012948691
Gender differences in risk attitudes are frequently observed, although recent literature has shown that they are context dependent rather than ubiquitous. In this paper we try to rationalize the heterogeneity of results investigating experimentally whether the presence of a safe option among the...
Persistent link: https://www.econbiz.de/10012955024
This paper studies if competition affects subsequent risk-taking behaviour by means of a laboratory experiment that …
Persistent link: https://www.econbiz.de/10012955025