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We study gender differences in exiting competitive environments by exploiting the “naturalistic experiment” of a TV game show where participants were self-selected and there were no gender-specific constraints or discrimination. In multiple rounds, contestants answer general knowledge...
Persistent link: https://www.econbiz.de/10011048209
to low prenatal testosterone levels, instead, set unrealistically high expectations which results in self …
Persistent link: https://www.econbiz.de/10010896979
The endowment effect is among the best known findings in behavioral economics and has been used as evidence for theories of reference-dependent preferences and loss aversion. However, a recent literature has questioned the robustness of the effect in the laboratory, as well as its relevance in...
Persistent link: https://www.econbiz.de/10010886210
that a disappointment averse agent, who is loss averse around her endogenous expectations-based reference point, responds …
Persistent link: https://www.econbiz.de/10004998381
that a disappointment averse agent, who is loss averse around her endogenous expectations-based reference point, responds …
Persistent link: https://www.econbiz.de/10008527299
of winning to test for the presence of expectations-based reference dependent preferences. We prove that (i) in this … reference point. Thus we contribute to the nascent literature that empirically documents the importance of expectations as a …
Persistent link: https://www.econbiz.de/10009416190
disappointment averse agent, who is loss averse around her endogenous choice-acclimating expectations-based reference point, responds …
Persistent link: https://www.econbiz.de/10008783611
Recent research has cast some doubt on the general validity of outcome-based models of social preferences. We develop a model based on cognitive dissonance that focuses on the importance of self-image. An experiment (a dictator game variant) tests the model. First, we find that subjects whose...
Persistent link: https://www.econbiz.de/10009023790
effects. In a controlled laboratory experiment we show that exogenous variation of second-order expectations (promisors …' expectations about promisees' expectations that the promise will be kept) leads to a significant change in promisor behavior. We …
Persistent link: https://www.econbiz.de/10011252589
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/10011256510