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Einkommensbesteuerung und deren Wahrnehmung auf die Arbeit-Freizeit-Entscheidungen untersucht wird.Im ersten Experiment des ersten Teils … Laborexperiment sollten die Teilnehmer eine Entscheidung über die genaue Höhe einer Investition treffen. In verschiedenen Treatments … reale Arbeit-Freizeit-Entscheidung treffen.Als zentrales Ergebnis beider Laborexperimente lässt sich Folgendes …
Persistent link: https://www.econbiz.de/10009478158
Chapter 1: Efficient Design of an Auction with Discrete Bid Levels This paper studies one of auction design issues: the choice of bid levels. Full efficiency is generally unachievable with a discrete auction. Since there may be more than one bidder who submits the same bid, the auction cannot...
Persistent link: https://www.econbiz.de/10009450772
preferences beyond the classical concept of expected utility theory. The thesis contains four main chapters.The first two chapters … dependence compared to classical models of expected utility theory. It is shown that some empirical puzzles concerning … utility theory are met. It is shown that the methodological concerns are empirically relevant when a classification of …
Persistent link: https://www.econbiz.de/10009482308
sets simulated for Full Signal Detection Theory and its special cases of standard Signal Detection Theory and Complementary … Signal Detection Theory. …
Persistent link: https://www.econbiz.de/10009441534
, as well as those of experimental economists, with neoclassical economic theory. The dissertation is divided into two … contributes to a better understanding of human decision-making. …
Persistent link: https://www.econbiz.de/10009468509
Frequent criticism in dynamic decision making research pertains to the overly complex nature of the decision tasks used … in experimentation. To address such concerns we study dynamic decision making with respect to the simple race game Hog …, which has a computable optimal decision strategy. In the two-player game of Hog, individuals compete to be the first to …
Persistent link: https://www.econbiz.de/10009458721
controlled lab study, a longer field experiment (betting on the NBA playoffs and the soccer World Cup), and naturally …
Persistent link: https://www.econbiz.de/10009454727
In this dissertation, I present five dynamic general equilibrium models. The distinguishing feature of these models is that they incorporate reciprocal altruistic behavior into an otherwise standard New Keynesian framework. In particular, I extend the New Keynesian model such that the assumed...
Persistent link: https://www.econbiz.de/10009428971
, behavioral economists often refer to the work of behavioral decision theorists, who introduced new concepts under the general … decision making, are simple heuristics. Simple heuristics can principally be characterized as simple rules of thumb, which … relevance of simple heuristics in the context of foreign exchange markets. In our view, the decision situation in foreign …
Persistent link: https://www.econbiz.de/10009433679
All three articles in my dissertation gather information from individuals, analyze it, and aggregate that information into forecasts of upcoming events. The motivation is to make forecasts more efficient (accurate and timely), more versatile (provide the most useful information for each...
Persistent link: https://www.econbiz.de/10009438764