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academic performance and early labor market outcomes on the two sides of the labor market. Our lab experiment comprises a … control treatments only received feedback at the end of the experiment. First, our findings indicate that participants are … experiment suggests potential positive effects of information provision on women's labor market outcomes. …
Persistent link: https://www.econbiz.de/10014427446
Persistent link: https://www.econbiz.de/10014527055
Front Cover -- Investment Traps Exposed: Navigating Investor Mistakes and Behavioral Biases -- Copyright Page -- Contents -- Acknowledgments -- 1 Navigating the Investment Minefield -- Where to Begin -- Being a Do-It-Yourselfer -- Working with an Advisor -- Who Needs a Financial Advisor? --...
Persistent link: https://www.econbiz.de/10012683747
systems with endogenous grouping. We conduct an experiment that shows that subjects tacitly coordinate the mechanism …
Persistent link: https://www.econbiz.de/10015381533
This instructional tool provides management accounting instructors with an efficient and practical way to teach the Balanced Scorecard using experiential learning. This exercise requires students to visit their college or university bookstore, meet with store managers, and develop a Balanced...
Persistent link: https://www.econbiz.de/10015383357
We review the use of behavior from television game shows to infer risk attitudes. These shows provide evidence when contestants are making decisions over very large stakes, and in a replicated, structured way. Inferences are generally confounded by the subjective assessment of skill in some...
Persistent link: https://www.econbiz.de/10015383783
This paper reports findings from a series of laboratory asset markets. Although stakes in these markets are modest, asset prices display a substantial equity premium (risky assets are priced substantially below their expected payoffs) – indicating substantial risk aversion. Moreover, the...
Persistent link: https://www.econbiz.de/10015383784
This paper investigates whether individuals’ risk-taking behavior is affected by background risk by analyzing individuals’ choices over a series of lotteries in a laboratory setting in the presence and absence of independent, uncorrelated background risks. Overall, our results were mixed. We...
Persistent link: https://www.econbiz.de/10015383785
We review the experimental evidence on risk aversion in controlled laboratory settings. We review the strengths and weaknesses of alternative elicitation procedures, the strengths and weaknesses of alternative estimation procedures, and finally the effect of controlling for risk attitudes on...
Persistent link: https://www.econbiz.de/10015383788
Much of the literature on theories of decision making under risk has emphasized differences between theories. One enduring theme has been the attempt to develop a distinction between “normative” and “descriptive” theories of choice. Bernoulli (1738) introduced log utility because...
Persistent link: https://www.econbiz.de/10015383789