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elicit individuals cooperation preference in one experiment and use them as well as subjects elicited beliefs to make …We provide a direct test of the role of social preferences and beliefs in voluntary cooperation and its decline. We … have a preference to contribute less than others. Belief formation and virtual learning do not contribute to the decline of …
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Larissa Katharina Senninger analyses the phenomenon of wisdom of the crowd in experimental capital markets. Aiming to find out which market mechanism is able to aggregate different information in a meaningful way, a continuous double auction and a call auction mechanism are tested. In line with...
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This dissertation consists of three essays that employ empirical as well as theoretical research methods. Each essay studies different aspects of how we fund public goods. Common to all three works is the focus on cooperation that is not enforced by laws or by legally binding contracts.
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The topic of this book is related to the rising field of behavioral public policymaking. Scholars belonging to this movement propose policy interventions that address systematic and predictable violations of rationality to steer agents' behavior in directions that are self-beneficial, possibly...
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Risk is a pervasive factor in agriculture and a subject of great interest to agricultural economists. However, there is a lack of comprehensive understanding of the knowledge held by farm advisors, students, and economists with regards to farmers' risk preferences. Misconceptions about farmers'...
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