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Doing Your Best When Stakes Are High? Theory and Experimental Evidence

Houy, Nicolas; Nicolaï, Jean-Philippe; Villeval, Marie … - 2016

experiment that reproduces the main features of a tennis match. We show that our importance criterion is able to predict the …

Persistent link: https://www.econbiz.de/10011479284

Incentive effects on risk attitude in small probability prospects

Lefèbvre, Mathieu; Vieider, Ferdinand M.; Villeval, … - 2009

prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …

Persistent link: https://www.econbiz.de/10010277023

Rule of Law, Institutional Quality and Information

Bruno, Randolph Luca - Institute for the Study of Labor (IZA) - 2008

The focus of this paper is the analysis of the persistent lawlessness attitude observed in some transition and developing countries where an overall increase in the quality of institutions is recorded. The mechanism of information diffusion on institutional quality is explored using a model...

Persistent link: https://www.econbiz.de/10005703508

The Sound of Others: Surprising Evidence of Conformist Behavior

Crosetto, Paolo; Filippin, Antonio - 2015

It has been shown that subjects tend to follow others' behavior even when the external signals are uninformative. In this paper we go one step further, showing that conformism occurs even when the choices of others are not even presented to the subjects, but just indirectly perceived. We use the...

Persistent link: https://www.econbiz.de/10010531723

Incentive Effects on Risk Attitude in Small Probability Prospects

Lefèbvre, Mathieu; Vieider, Ferdinand M.; Villeval, … - Institute for the Study of Labor (IZA) - 2009

prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …

Persistent link: https://www.econbiz.de/10008527318

The Sound of Others: Surprising Evidence of Conformist Behavior

Crosetto, Paolo; Filippin, Antonio - Institute for the Study of Labor (IZA) - 2015

Persistent link: https://www.econbiz.de/10011274368

The Impact of Risk Perception and Risk Attitudes on Corrupt Behavior: Evidence from a Petty Corruption Experiment

Djawadi, Behnud Mir; Fahr, René - 2013

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/10010319579

Individual risk attitudes: new evidence from a large, representative, experimentally-validated survey

Dohmen, Thomas - 2005

the behavioral relevance of this survey measure by conducting a complementary field experiment, based on a representative …

Persistent link: https://www.econbiz.de/10010267371

Cross-sectional earnings risk and occupational sorting: the role of risk attitudes

Bonin, Holger; Dohmen, Thomas; Falk, Armin; Huffman, David - 2006

This paper investigates whether risk preferences explain how individuals are sorted into occupations with different earnings variability. We exploit data from the German Socio-Economic Panel, which contains a subjective assessment of willingness to take risks whose behavioral relevance has been...

Persistent link: https://www.econbiz.de/10010267608

Gambling and the use of credit: an individual and household level analysis

Brown, Sarah; Dickerson, Andy; McHardy, Jolian; Taylor, Karl - 2010

We explore the relationship between gambling and other forms of risk-taking behaviour, i.e. exposure to debt and the use of credit, at the individual and household level using representative pooled cross-section data drawn from the UK Expenditure and Food Surveys (EFS), 2001 to 2007. Gambling...

Persistent link: https://www.econbiz.de/10010271301