Showing 1 - 10 of 10,208
In this paper we study the effects that loss contracts - prepayments that can be clawbacked later - have on group coordination when there is strategic uncertainty. We compare the choices made by experimental subjects in a minimum effort game. In control sessions, incentives are formulated as a...
Persistent link: https://www.econbiz.de/10012285502
Persistent link: https://www.econbiz.de/10012818298
Evidence from an interactive experiment indicates that the tendency of users to anchor on one-sided disclosures of risk … (i.e., disclosing upside potential or downside risk, but not both) is robust to whether disclosures are determined …-sided risk disclosures are robust to a strategic environment, strategic agents can capitalize on these biases, extending the menu …
Persistent link: https://www.econbiz.de/10014031082
Persistent link: https://www.econbiz.de/10013184084
paper we address two issuesrelated to the effects of MLA on risky investment decisions. First, we assess therelative impact … of feedback frequency and investment flexibility (via theinvestment horizon) on risky investments. Second, given that we … observehigher investments with a longer investment horizon, we examine conditionsunder which investors might endogenously opt for a …
Persistent link: https://www.econbiz.de/10005866865
environments modify students’ risk-taking attitudes. In Booth and Nolen (2012b), subjects are in years 10 and 11, while in Booth …
Persistent link: https://www.econbiz.de/10013315609
We report the results of a laboratory experiment testing for the existence of loss aversion in a standard risk aversion … protocol (Holt and Laury, 2002). In our experiment, participants earn and retain money for a week before using it in an … incentivized risk preference elicitation task. We find loss aversion, distinct from risk aversion, has a significant effect on …
Persistent link: https://www.econbiz.de/10013050634
given a large per-experiment endowment rather than when the endowment is given per-period. Risk-aversion and non …
Persistent link: https://www.econbiz.de/10013130475
interest. Our experiment finds a significant effect of language ambiguation on subjects who are competent Bayesian updaters …
Persistent link: https://www.econbiz.de/10012387552
Persistent link: https://www.econbiz.de/10012121749