Showing 1 - 10 of 85
We perform a comparative analysis of five incentivized tasks used to elicit risk preferences. Theoretically, we compare the elicitation methods in terms of completeness of the range of the estimates as well as their precision, the likelihood of triggering loss aversion, and problems arising when...
Persistent link: https://www.econbiz.de/10010294939
After the introduction in Section 2, we very briefly sketch out current theoretical and empirical developments in the social sciences. In our view, they all point in the same direction: toward the acute and increasing need for multidisciplinary longitudinal data covering a wide range of living...
Persistent link: https://www.econbiz.de/10011600647
This paper presents the Bomb Risk Elicitation Task (BRET), an intuitive procedure aimed at measuring risk attitudes. Subjects decide how many boxes to collect out of 100, one of which containing a bomb. Earnings increase linearly with the number of boxes accumulated but are zero if the bomb is...
Persistent link: https://www.econbiz.de/10010290717
After the introduction in Section 2, we very briefly sketch out current theoretical and empirical developments in the social sciences. In our view, they all point in the same direction: toward the acute and increasing need for multidisciplinary longitudinal data covering a wide range of living...
Persistent link: https://www.econbiz.de/10005017428
This paper presents the Bomb Risk Elicitation Task (BRET), an intuitive procedure aimed at measuring risk attitudes. Subjects decide how many boxes to collect out of 100, one of which containing a bomb. Earnings increase linearly with the number of boxes accumulated but are zero if the bomb is...
Persistent link: https://www.econbiz.de/10010598573
We perform a comparative analysis of five incentivized tasks used to elicit risk preferences. Theoretically, we compare the elicitation methods in terms of completeness of the range of the estimates as well as their precision, the likelihood of triggering loss aversion, and problems arising when...
Persistent link: https://www.econbiz.de/10010635678
The Berlin Aging Study II (BASE-II) is a multidisciplinary study that allows for the investigation of how a multitude of health status factors as well as many other social and economic outcomes interplay. The sample consists of 1,600 participants aged 60 to 80, and 600 participants aged 20 to...
Persistent link: https://www.econbiz.de/10010317554
This paper describes the implementation of a factorial survey within the SOEP-Pretest of 2008 and investigates (1) respondents' comments about the vignettes, (2) interviewers' assessments of respondents comprehension and willingness to answer, and (3) response behavior regarding response time,...
Persistent link: https://www.econbiz.de/10010334232
The jackknife is a resampling method that uses subsets of the original database by leaving out one observation at a time from the sample. The paper develops fast algorithms for jackknifing inequality indices with only a few passes through the data. The number of passes is independent of the...
Persistent link: https://www.econbiz.de/10010343328
Despite widespread support from policy makers, funding agencies, and scientific journals, academic researchers rarely make their research data available to others. At the same time, data sharing in research is attributed a vast potential for scientific progress. It allows the reproducibility of...
Persistent link: https://www.econbiz.de/10010352764