Showing 31 - 40 of 344
We run a computerised experiment of network formation where allconnections are bene…cial and only direct links are costly. Players simul-taneously submit link proposals; a connection is made only when bothplayers involved agree. We use both simulated and experimentally gen-erated data to test...
Persistent link: https://www.econbiz.de/10009022169
In this paper, we discuss the derivation and application of a bivariate ordered probit model with mixed effects. Our approach allows one to estimate the distribution of the effect (gamma) of an endogenous ordered variable on an ordered explanatory variable. By allowing gamma to vary over the...
Persistent link: https://www.econbiz.de/10010267091
Experimental data on social preferences present a number of features that need to be incorporated in econometric modelling. We explore a variety of econometric modelling approaches to the analysis of such data. The approaches under consideration are: the random utility approach (in which it is...
Persistent link: https://www.econbiz.de/10010269743
Data on contestants' choices in Italian Game Show Affari Tuoi are analysed in a way that separates the effect of risk attitude (preferences) from that of beliefs concerning the amount of money that will be offered to contestants in future rounds. The most important issue addressed in the paper...
Persistent link: https://www.econbiz.de/10010272013
We run a computerised experiment of network formation where all connections are beneficial and only direct links are costly. Players simultaneously submit link proposals; a connection is made only when both players involved agree. We use both simulated and experimentally generated data to test...
Persistent link: https://www.econbiz.de/10010272935
The determinants of risk attitude in couples are explored using data from the German Socio-Economic Panel over the period 2004 to 2009. The focus of the analysis is the repeated responses to the survey question about general willingness to take risk. Responses to this question are provided on a...
Persistent link: https://www.econbiz.de/10010291807
The present study contributes to the literature on the economics of discrimination by considering some consequences of sexual orientation discrimination. Specifically, we analyse LGB people's decision to "come out" within an identity utility theoretical framework, and estimate the model on a...
Persistent link: https://www.econbiz.de/10015248002
This paper estimates the determinants of decision time for different types of decision maker in the context of an experimental investigation of multiple prior models of behaviour under ambiguity. Four models are considered: Expected Utility, Smooth, Rank Dependent Expected Utility and Alpha...
Persistent link: https://www.econbiz.de/10010369306
In the context of an allocation game, this paper analyses the proposer´s reported beliefs about the responder´s willingness to accept (or reject) the proposed split of the pie. The proposer´s beliefs are elicited via a quadratic scoring rule. An econometric model of the proposer´s beliefs is...
Persistent link: https://www.econbiz.de/10010369311
We conduct an experiment meant to explore the factors driving customers' decisions in a queueing system. Under different time allowance conditions, the experimental subjects are asked to join one of two queues that differ in their length, server speed, and entry fee. We investigate some aspects...
Persistent link: https://www.econbiz.de/10010500157