Showing 1 - 10 of 2,791
question by eliciting individuals' willingness to pay (WTP) to avoid detection in an economic experiment involving a coin …
Persistent link: https://www.econbiz.de/10015046417
Many committees - juries, political task forces, etc. - spend time gathering costly information before reaching a decision. We report results from lab experiments focused on such information-collection processes. We consider decisions governed by individuals and groups and compare how voting...
Persistent link: https://www.econbiz.de/10012697146
We use a choice experiment on gasoline consumers to investigate whether respondents exhibit limited attention to the …
Persistent link: https://www.econbiz.de/10013133111
We use an internet survey conducted among a random sample of 490 drivers in the State of Ohio to answer the question, “When are consumers more likely to search?” The internet survey affords us the opportunity to overcome endogeneity difficulties with market observation data by imposing...
Persistent link: https://www.econbiz.de/10013133112
) Conditional Information Lottery design to control 'others' behaviour' without deception. We observe how contributions correlate …
Persistent link: https://www.econbiz.de/10010290531
Persistent link: https://www.econbiz.de/10011737957
We extend the discrete-choice rational inattention model to the case in which the decision maker can influence the payoff distribution across states. By reducing the gap between payoffs in different states, the decision maker is able to affect her own incentives to pay attention. The smaller the...
Persistent link: https://www.econbiz.de/10012865896
We examine how leader selection is affected by individual qualifications and willingness to lead. Groups were composed of male and female members. They earned income by answering questions individually and then in groups through group leaders. Group members voted for a leader on the basis of...
Persistent link: https://www.econbiz.de/10013213555
experiment is related to children's risk attitudes and intertemporal choices. Examining such a relationship is motivated by …
Persistent link: https://www.econbiz.de/10010256193
experiment, we study the endowment effect in lotteries with the same payoffs as the games in the first part. Our findings provide …
Persistent link: https://www.econbiz.de/10011339153