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This paper combines laboratory experiments with a unique feature of the city of Bogotá to uncover the relationship between generosity and wealth. Bogotá is divided by law into six socio-economic strata which are close proxies of household wealth and income. We recruit subjects from different...
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We conducted an audit experiment to examine whether street vendors in Bogotá (Colombia) exert price discrimination based on buyers' attributes, such as gender and nationality, and based on product characteristics, such as the increasing marginal valuation of items needed to complete a...
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At the end of a controlled experiment where research assistants were hired for coding news from online newspapers, the experimenter-employer asked a number of them to roll a die and report the result in order to be paid in cash an amount linear on the reported number from 1 to 6 that could go...
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How do various sources of social identity affect segregation and discrimination decisions? In our laboratory experiment, social identity originates either from similar preferences, income, ability, randomly or from shared socioeconomic status. For the latter, we exploit Colombia's unique (public...
Persistent link: https://www.econbiz.de/10014094306
We assess the predictive power of a model of other-regarding preferences, inequality aversion, using a within-subjects design. We run four different experiments (ultimatum game, dictator game, sequential prisoner's dilemma and public-good game) with the same sample of subjects. From the data we...
Persistent link: https://www.econbiz.de/10014055482
Belief-elicitation experiments usually reward accuracy of stated beliefs in addition to payments for other decisions. But this allows risk-averse subjects to hedge with their stated beliefs against adverse outcomes of the other decisions. So can we trust the existing belief-elicitation results?...
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