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Currarini, Sergio; Menge, Friederike - Fondazione ENI Enrico Mattei (FEEM) - 2012

School of Economics, University of Nottingham, University Park Campus and Department of Economics (AE1), Maastricht University

Persistent link: https://www.econbiz.de/10010552188

Predicting one Shot Play in 2x2 Games Using Beliefs Based on Minimax Regret

Gallice, Andrea - Fondazione ENI Enrico Mattei (FEEM) - 2006

in one shot 2x2 matching pennies games. As a first step we axiomatically describe players’ beliefs. We find the minimax …

Persistent link: https://www.econbiz.de/10005385407

Bounded Rationality and Voting Decisions Exploring a 160-Year Period

Stadelmann, David; Torgler, Benno - Fondazione ENI Enrico Mattei (FEEM) - 2012

Using a natural voting experiment in Switzerland that encompasses a 160-year period (1848–2009), we investigate whether a higher level of complexity leads to increased reliance on expert knowledge. We find that when more referenda are held on the same day, constituents are more likely to refer...

Persistent link: https://www.econbiz.de/10010904923

(Anti-) Coordination in Networks

Kovarik, Jaromir; Mengel, Friederike; Romero, José Gabriel - Fondazione ENI Enrico Mattei (FEEM) - 2010

We study (anti-) coordination problems in networks in a laboratory experiment. Partici- pants interact with their neighbours in a fixed network to play a bilateral (anti-) coordination game. Our main treatment variable is the extent to which players are heterogeneous in the number of connections...

Persistent link: https://www.econbiz.de/10008467327

Coordination in Networks Formation: Experimental Evidence on Learning and Salience

Galizzi, Matteo; Bernasconi, Michele - Fondazione ENI Enrico Mattei (FEEM) - 2005

We present experiments on repeated non-cooperative network formation games, based on Bala and Goyal (2000). We treat … coordination problems. We conduct experiments under various conditions which control for salient labeling and learning dynamics …. Contrary to previous experiments, we find that coordination on non-empty Strict Nash equilibria is not an easy task for …

Persistent link: https://www.econbiz.de/10005385417

Variation in Risk Seeking Behavior in a Natural Experiment on Large Losses Induced by a Natural Disaster

Page, Lionel; Savage, David; Torgler, Benno - Fondazione ENI Enrico Mattei (FEEM) - 2012

This study explores people's risk attitudes after having suffered large real-world losses following a natural disaster. Using the margins of the 2011 Australian floods (Brisbane) as a natural experimental setting, we find that homeowners who were victims of the floods and face large losses in...

Persistent link: https://www.econbiz.de/10010904916

Climate Change and Individual Decision Making: An Examination of Knowledge, Risk Perception, Self-interest and Their Interplay

Pongiglione, Francesca - Fondazione ENI Enrico Mattei (FEEM) - 2011

In this essay, three separate yet interconnected components of pro-environmental decision making are considered: (a) knowledge, in the form of basic scientific understanding and procedural knowledge, (b) risk perception, as it relates to an individual’s direct experience of climate change and...

Persistent link: https://www.econbiz.de/10009320999

”Thou shalt not covet ...”: Prohibitions, Temptation and Moral Values

Cervellati, Matteo; Vanin, Paolo - Fondazione ENI Enrico Mattei (FEEM) - 2010

We propose a theory studying temptation in presence of both externally and internally sanctioned prohibitions. Moral values that (internally) sanction prohibited actions and their desire may increase utility by reducing self-control costs, thereby serving as partial commitment devices. We apply...

Persistent link: https://www.econbiz.de/10008467325

The Fragility of Social Capital

Sabatini, Fabio; Antoci, Angelo; Sodini, Mauro - Fondazione ENI Enrico Mattei (FEEM) - 2009

This paper addresses two hot topics of the contemporary debate, social capital and economic growth. Our theoretical analysis sheds light on decisive but so far neglected issues: how does social capital accumulate over time? Which is the relationship between social capital, technical progress and...

Persistent link: https://www.econbiz.de/10005008018

Information v. Energy Efficiency Incentives: Evidence from Residential Electricity Consumption in Maryland

Alberini, Anna; Towe, Charles - Fondazione ENI Enrico Mattei (FEEM) - 2015

We focus on two utility programs intended to reduce energy usage and the associated CO2 emissions—a home energy audit and rebates on the purchase of high-efficiency air-source heat pumps. We use a unique panel dataset from participating and non-participating households to estimate the average...

Persistent link: https://www.econbiz.de/10011268597