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Identifying Personality Traits that Enhance Trust between Organisations - An Experimental Approach

Fahr, René; Irlenbusch, B. - 2006

inter-organisational trust. The proposed method of validating personality questionnaires and the obtained personality …We investigate an experimental representatives' trust game which resembles trust relationships between representatives … of organisations. Personality traits of subjects are elicited by a personality questionnaire (Cattell's 16 PF-R) which is …

Persistent link: https://www.econbiz.de/10005853919

Eliciting subjective probability distributions with binary lotteries

Harrison, Glenn W.; Martínez-Correa, Jimmy; Swarthout, … - In: Economics Letters 127 (2015) C, pp. 68-71

We test in a laboratory experiment the theoretical prediction that risk attitudes have a surprisingly small role in distorting reports from true belief distributions. We find evidence consistent with theory in our experiment.

Persistent link: https://www.econbiz.de/10011189530

Can Personality Explain what is Underlying Women's Unwillingness to Compete?

Müller, Julia; Schwieren, Christiane - Alfred-Weber-Institut für Sozial- und … - 2011

understand the underlying motives of women (and men) toenter a competition or avoid it. We use the Big Five personality factors …

Persistent link: https://www.econbiz.de/10009248986

Travelers’ types

Brañas-Garza, Pablo; Espinosa, María Paz; Rey-Biel, Pedro - In: Journal of Economic Behavior & Organization 78 (2011) 1, pp. 25-36

This paper uses subjects’ diverse self-reported justifications to explain discrepancies between observed heterogeneous behavior and the unique equilibrium prediction in a one-shot traveler's dilemma experiment. Principal components analysis suggests that iterative reasoning, aspiration levels,...

Persistent link: https://www.econbiz.de/10011048221

Learning in games with risky payoffs

Shafran, Aric P. - In: Games and Economic Behavior 75 (2012) 1, pp. 354-371

This paper analyzes learning in multi-player noncooperative games with risky payoffs. The goal of the paper is to assess the relative importance of stochastic payoffs and expected payoffs in the learning process. A general learning model which nests several variations of reinforcement learning,...

Persistent link: https://www.econbiz.de/10011049737

Using Other People's Opinions: An Experimental Study

Rudiger, Jesper - Volkswirtschaftliche Fakultät, … - 2013

Expert opinions are often biased. To test how such bias affects the propensity to use opinions, we set up an experiment where subjects estimate the probability of an event that depends on (i) the subject's type, which is observable, and (ii) the unobserved state of the world. Before making their...

Persistent link: https://www.econbiz.de/10011114080

Reflections on Gains and Losses: A 2?2? 7 Experiment

Bosch, Antoni; Silvestre, Joaquim - Barcelona Graduate School of Economics (Barcelona GSE) - 2003

What determines risk attraction or aversion? We experimentally examine three factors: the gain-loss dichotomy, the probabilities (0.2 vs. 0.8), and the money at risk (7 amounts). We find that, for both gains and losses and for low and high probabilities, the majority display risk attraction for...

Persistent link: https://www.econbiz.de/10010547141

Do the Wealthy Risk More Money? An Experimental Comparison

Bosch, Antoni; Silvestre, Joaquim - Barcelona Graduate School of Economics (Barcelona GSE) - 2003

Are poor people more or less likely to take money risks than wealthy folks? We find that risk attraction is more prevalent among the wealthy when the amounts of money at risk are small (not surprising, since ten dollars is a smaller amount for a wealthy person than for a poor one), but,...

Persistent link: https://www.econbiz.de/10010547142

Equilibrium Play and Best Response to (Stated) Beliefs in Normal Form Games

Rey-Biel, Pedro - Barcelona Graduate School of Economics (Barcelona GSE) - 2007

We report experimental results on a series of ten one-shot two-person 3x3 normal form games with unique equilibrium in pure strategies played by non-economists. In contrast to previous experiments in which game theory predictions fail dramatically, a majority of actions taken coincided with the...

Persistent link: https://www.econbiz.de/10010547146

Are CEOs Expected Utility Maximizers?

List, John A.; Mason, Charles F. - The Field Experiments Website - 2010

Are individuals expected utility maximizers? This question represents much more than academic curiosity. In a normative sense, at stake are the fundamental underpinnings of the bulk of the last half-centuryâ€™s models of choice under uncertainty. From a positive perspective, the ubiquitous...

Persistent link: https://www.econbiz.de/10010580379

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