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

Document Description

Citation

Title:

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

Identification Number:

doi:10.11588/data/10066

Distributor:

heiDATA

Date of Distribution:

2016-01-28

Version:

1

Bibliographic Citation:

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]

Study Description

Citation

Title:

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

Identification Number:

doi:10.11588/data/10066

Authoring Entity:

Pollmann, Monique

Potters, Jan

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

Producer:

Pollmann, Monique

Potters, Jan

Trautmann, Stefan T.

Date of Production:

2011

Distributor:

heiDATA

Date of Distribution:

2016-01-28

Study Scope

Keywords:

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

Topic Classification:

D81, C91

Abstract:

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").

Country:

Netherlands

Kind of Data:

behavioral experiment; laboratory

Methodology and Processing

File Description--f556

File: PPTdata.tab

  • Number of cases: 244

  • No. of variables per record: 87

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

Notes:

UNF:5:xAMEsbLcHACMf16SEb4syQ==

Variable Description

List of Variables:

Variables

id

f556 Location:

Variable Format: numeric

Notes: UNF:5:roK5bCTWm91cccJMPUU1GA==

sessioncode

f556 Location:

Variable Format: character

Notes: UNF:5:bqCLbRIlZ/BP08xeQdZy1w==

treat_1self_2other_3after_4bef

f556 Location:

Variable Format: numeric

Notes: UNF:5:pMxt57E4Y9ZTNqkzeIS7Kg==

treat1

f556 Location:

Variable Format: numeric

Notes: UNF:5:RX2GGtZwNIBTuBDDLATbtA==

treat2

f556 Location:

Variable Format: numeric

Notes: UNF:5:EKFhG9WSC4U+dfVcCl+39A==

treat3

f556 Location:

Variable Format: numeric

Notes: UNF:5:/DTzvKJkH7JseZXdrK8Ilw==

treat4

f556 Location:

Variable Format: numeric

Notes: UNF:5:Z9t3XNT8BBH7OhcmveMyOg==

session

f556 Location:

Variable Format: numeric

Notes: UNF:5:3R8aveWIQfR1lyni96p2kA==

Subjectnr_insession

f556 Location:

Variable Format: numeric

Notes: UNF:5:JsfzdBPhNcQkBgJpbEKGeQ==

Group_insession

f556 Location:

Variable Format: numeric

Notes: UNF:5:rs3oXiT8Lil9uG+F9ARYpA==

proposer_1

f556 Location:

Variable Format: numeric

Notes: UNF:5:jTMl7YlzvanukGK43GHhlw==

Profit

f556 Location:

Variable Format: numeric

Notes: UNF:5:pcFlfC+AQucTb/Xp+HgioA==

time_trial_ok

f556 Location:

Variable Format: numeric

Notes: UNF:5:hyaVG+qw10dpJRiBvlUCPA==

trial_short1

f556 Location:

Variable Format: numeric

Notes: UNF:5:7RtmAFG42eoZRCFoiZOpiQ==

trial_long1

f556 Location:

Variable Format: numeric

Notes: UNF:5:I8033+VSsq1sXOEzANU+Aw==

Investment1

f556 Location:

Variable Format: numeric

Notes: UNF:5:lsBLNXnzp4AJYq2+5X9oHg==

TimeOKProposerInvests1OK

f556 Location:

Variable Format: numeric

Notes: UNF:5:jftaxZSlx5IC2MaXNhVmgg==

fail1_1

f556 Location:

Variable Format: numeric

Notes: UNF:5:2cLwALDQH7+ZzrUqZF3Vmg==

profitreceiver1

f556 Location:

Variable Format: numeric

Notes: UNF:5:uroSVM4fF6LukHIDH/CB9w==

reward1

f556 Location:

Variable Format: numeric

Notes: UNF:5:QTog2YRfeksDEjIZ8CRuMw==

reward1bef

f556 Location:

Variable Format: numeric

Notes: UNF:5:WbfK5jJ28hvO5H496i4dXw==

profit1

f556 Location:

Variable Format: numeric

Notes: UNF:5:B/C8Man353eByrFOWG2U3Q==

belief

f556 Location:

Variable Format: numeric

Notes: UNF:5:T+J3NTkQvh2oKxGCpUoHCw==

Investment2

f556 Location:

Variable Format: numeric

Notes: UNF:5:U4eNrtUhXCsJg47K+QoeeA==

TimeOKProposerInvests2OK

f556 Location:

Variable Format: numeric

Notes: UNF:5:jovsxpxIhCOlLE8lOEhMIw==

fail2_1

f556 Location:

Variable Format: numeric

Notes: UNF:5:NagVnHwB8Ux7ok2UFoaXcQ==

profitreceiver2

f556 Location:

Variable Format: numeric

Notes: UNF:5:T2I6PCe7m+Zu3yyBYrOKGQ==

reward2

f556 Location:

Variable Format: numeric

Notes: UNF:5:jsUgF/+oikxR5NRWMTPbAg==

reward2bef

f556 Location:

Variable Format: numeric

Notes: UNF:5:ZpRD/3XgGt9lCz2LRJTTHA==

profit2

f556 Location:

Variable Format: numeric

Notes: UNF:5:SPm1rPCJWcgP7qKVI6JZDQ==

Investment3

f556 Location:

Variable Format: numeric

Notes: UNF:5:m1vnRqKtjkIj0ujZvOEi7g==

TimeOKProposerInvests3OK

f556 Location:

Variable Format: numeric

Notes: UNF:5:iffE2waZtBmy6tLUTvHfPw==

fail3_1

f556 Location:

Variable Format: numeric

Notes: UNF:5:1DkgcWZRBXpBiqKsoEhBfg==

profitreceiver3

f556 Location:

Variable Format: numeric

Notes: UNF:5:SVouD6KRrkMCRF1OUytzPQ==

reward3

f556 Location:

Variable Format: numeric

Notes: UNF:5:EZjl7dy+6nYSXHFqTujrMg==

reward3bef

f556 Location:

Variable Format: numeric

Notes: UNF:5:oz/iXMQSlaSUX2+EN4NWFA==

profit3

f556 Location:

Variable Format: numeric

Notes: UNF:5:lowgAI7yH6MSUnLLKv7QiQ==

Investment4

f556 Location:

Variable Format: numeric

Notes: UNF:5:/yX6yH0woVMO8aiWXHmvbw==

fail4_1

f556 Location:

Variable Format: numeric

Notes: UNF:5:DD/3JbOQXz7J8kTFiLJQmA==

profitreceiver4

f556 Location:

Variable Format: numeric

Notes: UNF:5:oISadMRy5WjcWnXlOov+HA==

reward4

f556 Location:

Variable Format: numeric

Notes: UNF:5:S3YZBPe/GZ1YN+sKp2AQeA==

reward4bef

f556 Location:

Variable Format: numeric

Notes: UNF:5:uZHMsGVFXGOFLCgcK1lSYw==

profit4

f556 Location:

Variable Format: numeric

Notes: UNF:5:O+vTewRNMFhuDh/x9pxxrA==

Investment5

f556 Location:

Variable Format: numeric

Notes: UNF:5:GadGXnzPykejwKLJPuMi8Q==

TimeOKProposerInvests5OK

f556 Location:

Variable Format: numeric

Notes: UNF:5:4sYiINSNEiWJhNP+Shdk/w==

fail5_1

f556 Location:

Variable Format: numeric

Notes: UNF:5:pANS5Zf/LWxUhWhOPG44aw==

profitreceiver5

f556 Location:

Variable Format: numeric

Notes: UNF:5:QrK/w90m7KHi9nHrxPjCuA==

reward5

f556 Location:

Variable Format: numeric

Notes: UNF:5:zKrV1i42J2SCDJ+L/S/1fw==

reward5bef

f556 Location:

Variable Format: numeric

Notes: UNF:5:uZHMsGVFXGOFLCgcK1lSYw==

profit5

f556 Location:

Variable Format: numeric

Notes: UNF:5:BUKuv5JEofTASkZH+0CPZA==

inv_av

f556 Location:

Variable Format: numeric

Notes: UNF:5:ZMIVyrZhmUTCXHiGgZ467g==

inv_av1to4

f556 Location:

Variable Format: numeric

Notes: UNF:5:vP9za6lgSp7N8E5gMVmHrA==

rew_av

f556 Location:

Variable Format: numeric

Notes: UNF:5:mem7Cvr1iJuxeXEjnBo5Bg==

rewbef_av

f556 Location:

Variable Format: numeric

Notes: UNF:5:PJkm+ak/6Ei3Didym5YX4A==

num_fail

f556 Location:

Variable Format: numeric

Notes: UNF:5:N0zGVbncAY44UZ7IIAlA3g==

num_fail_1to4

f556 Location:

Variable Format: numeric

Notes: UNF:5:tgMTCJclNeHuqf/jgKuE1Q==

rew_av_1to4

f556 Location:

Variable Format: numeric

Notes: UNF:5:d8wMVBtV8ABBnwB56SOhhA==

rewbef_av_1to4

f556 Location:

Variable Format: numeric

Notes: UNF:5:A51B2thMg0yj/ZxL3xeiFg==

mm1

f556 Location:

Variable Format: numeric

Notes: UNF:5:rG1HYVsQOiwkfLnC2ZqKaw==

mm2

f556 Location:

Variable Format: numeric

Notes: UNF:5:qADYzLeU4qPCqY7+gvVo1g==

mm3

f556 Location:

Variable Format: numeric

Notes: UNF:5:Smx5ZUmUmYhB2+u9ldc09A==

mm4

f556 Location:

Variable Format: numeric

Notes: UNF:5:IC/r5oUhBX6B/h/hqLub1A==

mm5

f556 Location:

Variable Format: numeric

Notes: UNF:5:UljqvTd4c3DBbWI9kcunjw==

mm6

f556 Location:

Variable Format: numeric

Notes: UNF:5:o0XS4jOhYT5v51H5N/2PCQ==

mm7

f556 Location:

Variable Format: numeric

Notes: UNF:5:2b8FZQvQ/x3pjs+bnwYc7Q==

mm8

f556 Location:

Variable Format: numeric

Notes: UNF:5:GprbrFKOdfk/tj0uHZ3hgQ==

mm9

f556 Location:

Variable Format: numeric

Notes: UNF:5:gT0IhHo0OcdJnJZxPegySg==

mm10

f556 Location:

Variable Format: numeric

Notes: UNF:5:qDBILVcckGxdkNhkfOROfg==

satisfied7max

f556 Location:

Variable Format: numeric

Notes: UNF:5:oq9kI3v0wsxk3NzHNpy4Xg==

relieved7max

f556 Location:

Variable Format: numeric

Notes: UNF:5:aj+46h43h2Gm0SWIY7zuCA==

nervous7max

f556 Location:

Variable Format: numeric

Notes: UNF:5:ERdrsLMVf4ooaVppH+c38w==

disappointed7max

f556 Location:

Variable Format: numeric

Notes: UNF:5:wFnK4ImgTuXrhdXzI6R9mw==

sad7max

f556 Location:

Variable Format: numeric

Notes: UNF:5:TPRCAJIuljg64p48gbKfxg==

happy7max

f556 Location:

Variable Format: numeric

Notes: UNF:5:kjL2xspFkEM/ZQQClYvZNg==

relaxed7max

f556 Location:

Variable Format: numeric

Notes: UNF:5:Za7pBaiFZTIXLak0lTz2wg==

anxious7max

f556 Location:

Variable Format: numeric

Notes: UNF:5:ElUMIpBdzJOktAaGGc7Uug==

TimeOKEmotionsOK

f556 Location:

Variable Format: numeric

Notes: UNF:5:QRhUG2/q8eYyZutHURWpfQ==

promotion35highest

f556 Location:

Variable Format: numeric

Notes: UNF:5:ziwgUosbcOsdbVI1IIToCQ==

prevention35highest

f556 Location:

Variable Format: numeric

Notes: UNF:5:zbf/FsHutxBmdi9PHpjBoA==

male1

f556 Location:

Variable Format: numeric

Notes: UNF:5:oHx7sXFhrQgfK6jYbNTSNg==

age

f556 Location:

Variable Format: numeric

Notes: UNF:5:Osf/ifQoLR0V9Dy4zx0E7w==

study

f556 Location:

Variable Format: numeric

Notes: UNF:5:JA01CuX5TcNGvuMECchXRA==

dutch1_exchange0_foreign2

f556 Location:

Variable Format: numeric

Notes: UNF:5:w6eRGXx8nvu4ARfX16fFZA==

dutch

f556 Location:

Variable Format: numeric

Notes: UNF:5:vhUBz3YEdYPVTVVBMeKqbQ==

belief3

f556 Location:

Variable Format: numeric

Notes: UNF:5:9VHFgLMsZXunlFk39cel8w==

belief4

f556 Location:

Variable Format: numeric

Notes: UNF:5:Vow/oHmTXY2cklRi1D14BQ==

belief_investtreat1_comp

f556 Location:

Variable Format: numeric

Notes: UNF:5:7mUMuyktoQLRTMsC2joi+w==

Other Study-Related Materials

Label:

PPT_Codebook.xlsx

Text:

Notes:

application/octet-stream

Other Study-Related Materials

Label:

PPT_datamerged.xlsx

Text:

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

Notes:

application/octet-stream

Other Study-Related Materials

Label:

PPT_do_replication.do

Text:

contains code to replicate the results reported in the article

Notes:

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

Other Study-Related Materials

Label:

PPT_fig1.xlsx

Text:

creates figure 1 (article)

Notes:

application/octet-stream

Other Study-Related Materials

Label:

readme.txt

Text:

Notes:

text/plain; charset=US-ASCII