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Double-Blind in Light of Internet – Note on Review Processes
Holm, Håkan J. - 2009
anonymized unpublished manuscripts are examined in an experiment where subjects are paid according to their identification …
Persistent link: https://www.econbiz.de/10013208539
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The appeal of information transactions
Cabrales, Antonio; Gossner, Olivier; Serrano, Roberto - 2012
An information transaction entails the purchase of information. Formally, it consists of an information structure together with a price. We develop an index of the appeal of information transactions, which is derived as a dual to the agent's preferences for information. The index of information...
Persistent link: https://www.econbiz.de/10010420275
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Entropy and the value of information for investors
Cabrales, Antonio; Gossner, Olivier; Serrano, Roberto - 2010
, regardless of his preferences, initial wealth or investment problem. It is also shown that no prior-independent informativeness …
Persistent link: https://www.econbiz.de/10010284049
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Do non-strategic sanctions obey the law of demand? The demand for punishment in the voluntary contribution mechanism
Anderson, Christopher M.; Putterman, Louis - 2003
interacts with prices to generate a conventional demand curve. We test the price responsiveness of the demand for punishment by …
Persistent link: https://www.econbiz.de/10010318879
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Cognitive sophistication and deliberation times
Alós-Ferrer, Carlos; Buckenmaier, Johannes - 2018
, and deliberation times. In an experimental test, the predicted relations are readily observed in the data, but only when …
Persistent link: https://www.econbiz.de/10011969203
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Cognitive sophistication and deliberation times
Alós-Ferrer, Carlos; Buckenmaier, Johannes - 2019
Differences in cognitive sophistication and effort are at the root of behavioral heterogeneity in economics. To explain this heterogeneity, behavioral models assume that certain choices indicate higher cognitive effort. A fundamental problem with this approach is that observing a choice does not...
Persistent link: https://www.econbiz.de/10012010237
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Not all price endings are created equal: Price points and asymmetric price rigidity
Levy, Daniel C.; Snir, Avichai; Gotler, Alex; Chen, Haipeng - 2019
We document an asymmetry in the rigidity of 9-ending prices relative to non-9-ending prices. Consumers have difficulty noticing higher prices if they are 9-ending, or noticing price-increases if the new prices are 9-ending, because 9-endings are used as a signal for low prices. Price setters...
Persistent link: https://www.econbiz.de/10012057426
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The strength of sensitivity to ambiguity
Cubitt, Robin; van de Kuilen, Gijs; Mukerji, Sujoy - 2017
We report an experiment where each subject's ambiguity sensitivity is measured by an ambiguity premium, a concept … analogous to and comparable with a risk premium. In our design, some tasks feature known objective risks and others uncertainty … ambiguity premia; and that, on average, ambiguity sensitivity is about as strong as risk sensitivity. …
Persistent link: https://www.econbiz.de/10011928003
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The strength of sensitivity to ambiguity
Cubitt, Robin P.; van de Kuilen, Gijs; Mukerji, Sujoy - 2018
We report an experiment where each subject's ambiguity sensitivity is measured by an ambiguity premium, a concept … analogous to and comparable with a risk premium. In our design, some tasks feature known objective risks and others uncertainty … ambiguity premia; and that, on average, ambiguity sensitivity is about as strong as risk sensitivity. …
Persistent link: https://www.econbiz.de/10011928018
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Joint inference and counterfactual experimentation for impulse response functions by local projections
Jordà, Òscar - 2007
construct counterfactual experiments formally; provides a test on the likelihood of observing the counterfactual; and derives …
Persistent link: https://www.econbiz.de/10010274338