Showing 1 - 10 of 9,008
experiment, we introduce exogenous variation in the opportunity costs of time. Contrary to claims in the previous literature, we …
Persistent link: https://www.econbiz.de/10011962186
Social lotteries are lotteries that are played along with someone else. The experimental literature indicates that risk attitudes depend on how one’s situation in the safe alternative compares to that of a peer. Evaluation of the risky alternative also depends on whether the lottery gives...
Persistent link: https://www.econbiz.de/10011295782
Social lotteries are lotteries that are played along with someone else. The experimental literature indicates that risk attitudes depend on how one's situation in the safe alternative compares to that of a peer. Evaluation of the risky alternative also depends on whether the lottery gives equal...
Persistent link: https://www.econbiz.de/10013019773
This paper investigates if and how other-regarding preferences governing giving decisions in dictator games are affected in risky environments in which the payoff of the recipient is random. We demonstrate that, whenever the risk is actuarially neutral, the donation of dictators with a purely ex...
Persistent link: https://www.econbiz.de/10012911354
I experimentally examine whether feedback about others' choices provides an anchor for decision-making under ambiguity. In a between-subjects design I vary whether subjects learn choices made individually by a "peer" in a first part when facing the same task a second time, and whether prospects...
Persistent link: https://www.econbiz.de/10010364762
In an information cascade experiment participants are confronted with artificial predecessors predicting in line with …
Persistent link: https://www.econbiz.de/10010343945
We refine the understanding of individual preferences across social lotteries, whereby the payoffs of a pair of subjects are exposed to random shocks. We find that aggregate behavior is ex-post and ex-ante inequality averse, but also that there is a wide variety of individual preferences and...
Persistent link: https://www.econbiz.de/10011476573
We design a laboratory experiment to test for behavioral differences due to observation within a novel arena …: investment games. We find that fund managers are more risk-averse when investors can observe their investment allocations. This … effect is more pronounced when investors, in addition to observing the allocations, can also observe the investment outcomes …
Persistent link: https://www.econbiz.de/10012849467
Combining the methodologies of experiment economics and molecular genetics, we report genetic association between sex …
Persistent link: https://www.econbiz.de/10014174705
We report an experiment in which subjects are not indifferent between real-money lotteries implemented with …
Persistent link: https://www.econbiz.de/10013068226