Narrow search
Showing 1 - 10 of 5,306
Cover Image
Beyond information : disclosure, distracted attention, and investor behavior
Hillenbrand, Adrian; Schmelzer, André - 2015 - Working paper version: December 2015
investment behavior. In our experiment, subjects decide about investments into real-life mutual funds. We find that subjects …
Persistent link: https://www.econbiz.de/10011416914
Cover Image
Price dynamics and trader overconfidence
Ahrens, Steffen; Bosch-Rosa, Ciril; Roulund, Rasmus - 2019
Overconfidence is one of the most important biases in financial markets and commonly associated with excessive trading and asset market bubbles. So far, most of the finance literature takes overconfidence as a given, "static" personality trait. In this paper we introduce a novel experimental...
Persistent link: https://www.econbiz.de/10012034133
Cover Image
In-group favoritism and discrimination among multiple out-groups
Grimm, Veronika; Utikal, Verena; Valmasoni, Lorenzo - 2015
multiple out-groups. In a laboratory experiment, we use dictator games for five groups to compare actual transfers to in …
Persistent link: https://www.econbiz.de/10010529474
Cover Image
What point of a distribution summarises point predictions?
Kröger, Sabine; Pierrot, Thibaud - 2019
of an iid random variable. We set up a laboratory experiment where the participants act as forecasters predicting the … their central tendencies. As is standard in survey measures, the subjects in our experiment must report their best guess of … the experiment are based on a percentile while almost 60% are based on a numerical value. …
Persistent link: https://www.econbiz.de/10012115998
Cover Image
Comparison of different question formats eliciting point predictions
Kröger, Sabine; Pierrot, Thibaud - 2019
laboratory experiment in which the participants act as forecasters and are asked to predict the next realisation of iid random …
Persistent link: https://www.econbiz.de/10012115999
Cover Image
Tit for others ́tat : repeated prisonerś dilemma experiments with third-party monitoring and indirect punishment
Bruttel, Lisa; Güth, Werner - 2013
Two pairs of two participants each interact repeatedly in two structurally independent but informationally linked Prisonerś Dilemma games. Neither pair receives feedback about past choices by their own partner but is fully informed about the choices by the other pair. Considering this as a...
Persistent link: https://www.econbiz.de/10010252395
Cover Image
Coordination under loss contracts
Ahrens, Steffen; Bitter, Lea; Bosch-Rosa, Ciril - 2020
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
Cover Image
Are preferences complete?An experimental measurement of indecisivenessunder risk
Danan, Eric; Ziegelmeyer, Anthony - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2006
We propose an experimental design allowing a behavioral test of the axiom ofcompleteness of individual preferences. The central feature of our design consistsin enabling subjects to postpone commitment at a small cost. Our main result isthat preferences are significantly incomplete. We use...
Persistent link: https://www.econbiz.de/10005866755
Cover Image
Are preferences incomplete?An experimental study using flexible choices
Danan, Eric; Ziegelmeyer, Anthony - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2004
Completeness, the most commonly assumed axiom in preference theory,has not received much attention from the experimental literature. Indeed,incomplete preferences model a cognitive phenomenon (an agent's inabilityto compare alternatives), and therefore cannot be directly revealed throughchoice...
Persistent link: https://www.econbiz.de/10005866783
Cover Image
Self-Image and Hypothetical Bias in Willingness to Pay Elicitation : The Case of a Private Good
Heinicke, Franziska - 2019
experiments. One explanation for this hypothetical bias which has been put forward is that participants use high willingness …
Persistent link: https://www.econbiz.de/10012898702