Showing 1 - 10 of 3,677
uncertainty. We designed a multi-period experiment in which each period consisted of two stages, an R&D phase and a pricing stage …. Participants in the experiment had almost no information about the underlying functions, parameters, and probabilities. Subjects …' behavior in the fundamentally uncertain environment of our experiment may best be characterized as some kind of procedural …
Persistent link: https://www.econbiz.de/10010481420
savings held with the institution. …
Persistent link: https://www.econbiz.de/10014496994
To make predictions with theories, usually we assume an individual's characteristics such as uncertainty preferences to be stable over time. In this paper, we analyze the stability of ambiguity preferences experimentally. We repeatedly elicit ambiguity attitudes towards multiple 3-color Ellsberg...
Persistent link: https://www.econbiz.de/10010207919
emotions. This conjecture is tested in an experiment with real lottery tickets. We show that our theoretical considerations may …
Persistent link: https://www.econbiz.de/10011379382
Persistent link: https://www.econbiz.de/10010251062
Persistent link: https://www.econbiz.de/10011897890
Persistent link: https://www.econbiz.de/10011897325
The wage effect of job-education vertical mismatch (i.e. overeducation) has only recently been investigated in the case of Ph.D. holders. The existing contributions rely on OLS estimates that allow measuring the average effect of being mismatched at the mean of the conditional wages...
Persistent link: https://www.econbiz.de/10011798125
Persistent link: https://www.econbiz.de/10012050663
Persistent link: https://www.econbiz.de/10012316114