Risk taking by agents: The role of ex-ante and ex-post accountability [Dataset] (doi:10.11588/data/10066)

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Part 1: Document Description
Part 2: Study Description
Part 3: Data Files Description
Part 4: Variable Description
Part 5: Other Study-Related Materials
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Risk taking by agents: The role of ex-ante and ex-post accountability [Dataset]

doi:10.11588/data/10066

heiDATA

2016-01-28

1

Pollmann, Monique; Potters, Jan; Trautmann, Stefan T., 2016, "Risk taking by agents: The role of ex-ante and ex-post accountability [Dataset]", https://doi.org/10.11588/data/10066, heiDATA, V1, UNF:5:xAMEsbLcHACMf16SEb4syQ== [fileUNF]

Risk taking by agents: The role of ex-ante and ex-post accountability [Dataset]

doi:10.11588/data/10066

Pollmann, Monique

Potters, Jan

Trautmann, Stefan T. (Alfred-Weber-Institute of Economics)

Pollmann, Monique

Potters, Jan

Trautmann, Stefan T.

2011

heiDATA

heiDATA: Heidelberg Research Data Repository

Stefan Trautmann; Alfred-Weber-Institute for Economics; University of Heidelberg; Bergheimer Str. 58; 69115 Heidelberg, Germany; Phone: +49 6221 54 2952; Fax: +49 6221 54 3592

2016-01-28

https://doi.org/10.11588/data/10066

Social Sciences, Decision under risk, decisions of agents, accountability

D81, C91

We study the role of accountability in situations where an agent makes risky decisions for a principal. We observe that in the absence of accountability, agents choose less risk averse investments for the principal than investors who invest for their own account. Accountability mitigates the observed decrease in risk aversion. Differences are observed between situations where agents are accountable for their decision ("ex-ante") and where they are accountable for the outcome ("ex-post").

Netherlands

behavioral experiment; laboratory

We would like to make these data and do-files freely available. People using the data should cite the data/publication.

Pollmann, M., J. Potters, and S.T.Trautmann (2014). Risk taking by agents: The role of ex-ante and ex-post accountability. Economics Letters 123, 387-390.

doi:10.1016/j.econlet.2014.04.004

Pollmann, M., J. Potters, and S.T.Trautmann (2014). Risk taking by agents: The role of ex-ante and ex-post accountability. Economics Letters 123, 387-390.

• Number of cases: 244

• No. of variables per record: 87

• Type of File: text/tab-separated-values

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• sessioncode - sessioncode
• treat_1self_2other_3after_4bef - treat_1self_2other_3after_4bef
• treat1 - treat1
• treat2 - treat2
• treat3 - treat3
• treat4 - treat4
• session - session
• Subjectnr_insession - Subjectnr_insession
• Group_insession - Group_insession
• proposer_1 - proposer_1
• Profit - Profit
• time_trial_ok - time_trial_ok
• trial_short1 - trial_short1
• trial_long1 - trial_long1
• Investment1 - Investment1
• TimeOKProposerInvests1OK - TimeOKProposerInvests1OK
• fail1_1 - fail1_1
• profitreceiver1 - profitreceiver1
• reward1 - reward1
• reward1bef - reward1bef
• profit1 - profit1
• belief - belief
• Investment2 - Investment2
• TimeOKProposerInvests2OK - TimeOKProposerInvests2OK
• fail2_1 - fail2_1
• profitreceiver2 - profitreceiver2
• reward2 - reward2
• reward2bef - reward2bef
• profit2 - profit2
• Investment3 - Investment3
• TimeOKProposerInvests3OK - TimeOKProposerInvests3OK
• fail3_1 - fail3_1
• profitreceiver3 - profitreceiver3
• reward3 - reward3
• reward3bef - reward3bef
• profit3 - profit3
• Investment4 - Investment4
• fail4_1 - fail4_1
• profitreceiver4 - profitreceiver4
• reward4 - reward4
• reward4bef - reward4bef
• profit4 - profit4
• Investment5 - Investment5
• TimeOKProposerInvests5OK - TimeOKProposerInvests5OK
• fail5_1 - fail5_1
• profitreceiver5 - profitreceiver5
• reward5 - reward5
• reward5bef - reward5bef
• profit5 - profit5
• inv_av - inv_av
• inv_av1to4 - inv_av1to4
• rew_av - rew_av
• rewbef_av - rewbef_av
• num_fail - num_fail
• num_fail_1to4 - num_fail_1to4
• rew_av_1to4 - rew_av_1to4
• rewbef_av_1to4 - rewbef_av_1to4
• mm1 - mm1
• mm2 - mm2
• mm3 - mm3
• mm4 - mm4
• mm5 - mm5
• mm6 - mm6
• mm7 - mm7
• mm8 - mm8
• mm9 - mm9
• mm10 - mm10
• satisfied7max - satisfied7max
• relieved7max - relieved7max
• nervous7max - nervous7max
• disappointed7max - disappointed7max
• sad7max - sad7max
• happy7max - happy7max
• relaxed7max - relaxed7max
• anxious7max - anxious7max
• TimeOKEmotionsOK - TimeOKEmotionsOK
• promotion35highest - promotion35highest
• prevention35highest - prevention35highest
• male1 - male1
• age - age
• study - study
• dutch1_exchange0_foreign2 - dutch1_exchange0_foreign2
• dutch - dutch
• belief3
• belief4
• belief_investtreat1_comp

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Label:

PPT_Codebook.xlsx

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application/octet-stream

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PPT_datamerged.xlsx

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contains the raw data merged from the excel files created by zetree

application/octet-stream

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PPT_do_replication.do

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contains code to replicate the results reported in the article

text/x-stata-syntax; charset=US-ASCII

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PPT_fig1.xlsx

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creates figure 1 (article)

application/octet-stream

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readme.txt

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