Showing 1 - 10 of 215
We explore intertemporal decision making to test the extent to which elicited discount rates and a self-reported scale of impatience measure the same behavioral characteristic. We conduct experiments in which we elicit discount rates using monetary rewards and a self-reported measure of...
Persistent link: https://www.econbiz.de/10015216872
Costly competitions between economic agents are modeled as contests. Researchers use laboratory experiments to study contests and test comparative static predictions of contest theory. Commonly, researchers find that participants’ efforts are significantly higher than predicted by the standard...
Persistent link: https://www.econbiz.de/10015261758
We examine theoretically and experimentally the implications of trust arising under sequential and simultaneous designs, where one player makes an investment choice, and another player decides whether to share the investment gains. We show analytically that in some cases the sequential design...
Persistent link: https://www.econbiz.de/10015265326
Intergenerational transfers are both common and markedly unequal. This study conducts a large-scale experiment to explore how Americans and Chinese perceive the fairness of unequal wealth transfers. In the experiment, workers and their parents completed assignments. Workers' payoffs originated...
Persistent link: https://www.econbiz.de/10015213610
Climatic shocks introduce additional complexities to individuals’ lives and influence their critical decisions, both present and into the future. We utilise longitudinal administrative data on Australian individual retirement contributions to present the first estimated effects of natural...
Persistent link: https://www.econbiz.de/10015213613
In the following article, we analyzed a variable present in the ISTAT-BES dataset, namely "People You Can Count On"-PYCC for the Italian regions. Following an analysis of the time series aimed at highlighting the trends of the regions, we created a clustering with a k-Means algorithm optimized...
Persistent link: https://www.econbiz.de/10015213631
In this paper, we document a novel fact that disclosures of public information reshape social dynamics in China. Using the staggered roll-out of a quasi-natural experiment of air pollution information disclosure and a novel high-frequency data set of social and public events, we find...
Persistent link: https://www.econbiz.de/10015213681
Using a novel city-level high-frequency panel data set of social and public events in Chinese cities, we document that extreme high temperatures significantly reshape social dynamics. Extreme high temperatures lead to an increase in social cooperation, and the effects are more salient when...
Persistent link: https://www.econbiz.de/10015213682
Intergenerational transfers are widespread and significantly unequal. This study explores people’s fairness preferences regarding inequality caused by wealth transfers from economically advantaged parents through a large-scale experiment. In the experiment, workers and their parents completed...
Persistent link: https://www.econbiz.de/10015213733
This research explores how regional socioeconomic variables affect the perception of social trust and support networks (PYCC) in Italian regions, and examines the implications for public policy designed to strengthen social cohesion. This study examines the variable "People You Can Count On"...
Persistent link: https://www.econbiz.de/10015214156