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evidence for statistical discrimination in the standard no-competition setup of Coate and Loury (1993). When we introduce … competition between workers of different groups, the non-discrimination equilibrium ceases to be stable. In line with this … theoretical observation, we find systematic discrimination in the experimental treatment with competition. Nevertheless, a …
Persistent link: https://www.econbiz.de/10010326203
evidence for statistical discrimination in the standard no-competition setup of Coate and Loury (1993). When we introduce … competition between workers of different groups, the non-discrimination equilibrium ceases to be stable. In line with this … theoretical observation, we find systematic discrimination in the experimental treatment with competition. Nevertheless, a …
Persistent link: https://www.econbiz.de/10013037417
of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment … compete in two-person tournaments and are then informed of their score and the outcome of the competition. Conditional on the …
Persistent link: https://www.econbiz.de/10010491309
through self-assessment) to taking part in a mandatory competition predict individual willingness to participate in a … voluntary competition. We find that while the mandatory competition does increase stress levels, there is no gender difference … correlated with choosing to enter the voluntary competition for women. In Experiment 2 we exogenously induce stress using the …
Persistent link: https://www.econbiz.de/10014135604
adaptation levels relate to less positive emotions and less optimistic expectations about future price changes. The actual …. The adaptation level, by contrast, affects the actual investment decision indirectly via its impact on expectations. …
Persistent link: https://www.econbiz.de/10010326067
Growing interest in using personality variables in economic research leads to the question whether personality as measured by psychology is useful to predict economic behavior. Is it reasonable to expect values on personality scales to be predictive of behavior in economic games? It is undoubted...
Persistent link: https://www.econbiz.de/10010326411
We examine factors that may contribute to 'overconfidence' in relative ability on an intelligence test. We test experimentally for evidence of self-esteem concerns and instrumental strategic concerns. Errors in Bayesian updating are rare when the information does not involve own relative...
Persistent link: https://www.econbiz.de/10010326528
Minority games are a stylized description of strategic situations with both coordination and competition. These games … experiment are subjected to an evolutionary competition. The strategies people use are very heterogeneous although aggregate … outcomes resemble the symmetric Nash equilibrium. The strategies that survive evolutionary competition achieve much higher …
Persistent link: https://www.econbiz.de/10010326542
through self-assessment) to taking part in a mandatory competition predict individual willingness to participate in a … voluntary competition. We find that while the mandatory competition does increase stress levels, there is no gender difference … correlated with choosing to enter the voluntary competition for women. In Experiment 2 we exogenously induce stress using the …
Persistent link: https://www.econbiz.de/10011288405
We study experimentally whether the endowment effect survives in a social and strategic context. Participants are asked for their Willingness-to-Accept (WTA) or Willingness-to-Pay (WTP) to play a series of 2x2 games. In the second part of the experiment, we study the endowment effect in...
Persistent link: https://www.econbiz.de/10011403577