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effect. Relying on a simple experiment, we investigate which failure of these axioms is concomitant with the empirical …
Persistent link: https://www.econbiz.de/10010369276
belief about the own rank in a real effort task, and subjects' risk preferences. In this paper I am able to replicate these …
Persistent link: https://www.econbiz.de/10010397176
We study in an experiment whether humans prefer to depend on decisions of other humans (social uncertainty) or states … other humans. This is the first experiment that studies social uncertainty that does not derive from a strategic situation …
Persistent link: https://www.econbiz.de/10011419479
We investigate the decision of experimental subjects to incur the risk of revealing personal private information to … in the laboratory. We show that individual decisions to incur privacy risk are correlated with decisions to incur … monetary risk. We find that partially depriving subjects of control over the revelation of their personal information does not …
Persistent link: https://www.econbiz.de/10011562001
the realized state of the world. In a second experiment, risk affects the earnings of givers but not of beneficiaries. We … consequences. Although risk preferences are likely important, existing research is silent about how social and risk preferences … interact in such situations. In this paper we provide experimental evidence on this question. In a first experiment givers are …
Persistent link: https://www.econbiz.de/10011584886
Does exposure to cognitive load affect key properties of economic behavior? In this experiment, subjects face a series …-order) stochastic dominance, reduction of compound lotteries, risk attitudes, and ambiguity attitudes. Cognitive load is manipulated via …
Persistent link: https://www.econbiz.de/10015374978
on individual characteristics like risk attitudes. In a portfolio choice experiment running over 10 weeks, we study how …
Persistent link: https://www.econbiz.de/10014476191
experimental democracy. We design a two-period experiment in which subjects first choose a distributional scheme by majority voting … the effect of social immobility on choosing distributional regimes the experiment is conducted with and without a social …
Persistent link: https://www.econbiz.de/10014504499
individual piece rates and team piece rates. Using experimental data, we find evidence for both risk diversification … considerations and free-riding concerns (i.e., risk of teaming-up with low-productive teammates) as drivers of self …
Persistent link: https://www.econbiz.de/10010319744
Recent experimental studies suggest that risk aversion is negatively related to cognitive ability. In this paper we … population for our experiment. By presenting subjects with choice tasks that vary the bias induced by random choices, we are able … to generate both negative and positive correlations between risk aversion and cognitive ability. Structural estimation …
Persistent link: https://www.econbiz.de/10010320403