Showing 1 - 10 of 1,317
Employee referral programs, while efficient for the employer, have been shown to amplify sex-based occupational segregation in the labour markets. We present evidence from a laboratory experiment designed to shed light on same-gender bias in job referrals within gender-balanced networks. Our...
Persistent link: https://www.econbiz.de/10015260748
How does job assignment affect fairness concerns between coworkers? We experimentally examine agents’ horizontal fairness concerns in a three-person ultimatum game in which all agents are asked to complete a general knowledge quiz before being assigned to a high productivity or low...
Persistent link: https://www.econbiz.de/10015265093
We design a laboratory experiment to illuminate the channels through which relatively more attractive individuals receive higher wages. Specifically, we are able to distinguish taste-based discrimination from rational statistical discrimination and biased beliefs. Using three realistic worker...
Persistent link: https://www.econbiz.de/10015241023
How does job assignment to positions with different surplus affect fairness concerns? We experimentally examine agents’ fairness concerns in a three-person ultimatum game in which all agents are asked to complete a general knowledge quiz before being assigned to a high-stake or low-stake...
Persistent link: https://www.econbiz.de/10015255770
Standard random utility models can account for stochastic choice. However, a common implication is that the realized utilities are equal with probability zero. This knife-edge aspect implies that indifference is thin because arbitrarily small changes in utility will break indifference....
Persistent link: https://www.econbiz.de/10015214187
The paper presents an alternative interpretation of the experimental data published by Kahneman and Tversky in their 1992 study "Advances in Prospect Theory”, which describes the Cumulative version of their Prospect Theory from 1979. It was assumed that, apart from the operations made during...
Persistent link: https://www.econbiz.de/10015217742
This paper discusses solutions derived from lottery experiments using two alternative assumptions: that people perceive wealth changes as absolute amounts of money; and that people consider wealth changes as a proportion of some reference value dependant on the context of the problem under...
Persistent link: https://www.econbiz.de/10015218206
This short paper shows that the Allais Paradox and the Common Ratio Effect regarded as classic examples of the violation of the Expected Utility Theory Axioms – may be easily explained by assuming that changes in wealth (i.e. gains and losses) are perceived in relative terms. The preference...
Persistent link: https://www.econbiz.de/10015219318
This short paper demonstrates that the claim of Cumulative Prospect Theory (CPT) that people are risk seeking for loss prospects, which confirmed a hypothetical assumption of the earlier Prospect Theory (PT), appears to be merely a result of using a specific form of the probability weighting...
Persistent link: https://www.econbiz.de/10015219615
what one expects to receive. Systematic differences in those expectations may well contribute to systematic differences in … altruistic behavior. We show that these expectations drive an important and widely reported result. When these expectations are … homegrown, we replicate the finding. When expectations of receiving are uniform rather than homegrown, gender differences in …
Persistent link: https://www.econbiz.de/10015219640