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We summarise our two sets of controlled experiments designed to see if single-sex classes within coeducational environments modify students’ risk-taking attitudes. In Booth and Nolen (2012b), subjects are in years 10 and 11, while in Booth, Cardona-Sosa and Nolen (2014), they are first-year...
Persistent link: https://www.econbiz.de/10013315609
Qualitative self-assessments of economic preferences have recently gained popularity, often supported by experimental validation, a method that links them to choices in incentivized elicitations. We illustrate theoretically that experimental validation may fail to produce reliable new measures....
Persistent link: https://www.econbiz.de/10015326176
We investigate the decision of experimental subjects to incur the risk of revealing personal private information to other participants. We do so by using a novel method to generate personal information that reliably induces privacy concerns in the laboratory. We show that individual decisions to...
Persistent link: https://www.econbiz.de/10011563124
We expose subjects in our experiment to the risk of having to reveal private information to other participants. We show …
Persistent link: https://www.econbiz.de/10012997277
We introduce DOSE - Dynamically Optimized Sequential Experimentation - to elicit preference parameters. DOSE starts with a model of preferences and a prior over the parameters of that model, then dynamically chooses a customized question sequence for each participant according to an...
Persistent link: https://www.econbiz.de/10015071065
We propose an easy-to-use method for estimating preference parameters experimentally: choices from strictly concave budget restrictions (SCBRs). SCBRs generalize the popular method of analyzing choices from linear budget restrictions (LBRs). SCBRs promise (i) to improve the informational content...
Persistent link: https://www.econbiz.de/10015062922
dichotomy. Our own experiment is the first to look beyond 4th order risk preferences and we examine risk attitudes at even …
Persistent link: https://www.econbiz.de/10013088796
dichotomy. Our own experiment is the first to look beyond 4th order risk preferences and we examine risk attitudes at even …
Persistent link: https://www.econbiz.de/10009689538
In this chapter, we discuss the “lab-in-the-field” methodology, which combines elements of both lab and field experiments in using standardized, validated paradigms from the lab in targeting relevant populations in naturalistic settings. We begin by examining how the methodology has been...
Persistent link: https://www.econbiz.de/10012986659
Many important decisions are made under stress and they often involve risky alternatives. There has been ample evidence that stress influences decision making in cognitive as well as in affective domains, but still very little is known about whether individual attitudes to risk change with...
Persistent link: https://www.econbiz.de/10010200418