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AWI Experimental Economics (Heidelberg University - Alfred-Weber-Institute for Economics)
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Experimental and behavioral economics at the Department of Economics, University of Heidelberg.

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1 to 10 of 45 Results
Feb 21, 2018
König-Kersting, Christian; Trautmann, Stefan T., 2017, "Countercyclical Risk Aversion: Beyond Financial Professionals [Online Appendix and Replication Package]", doi:10.11588/data/HLGUFF, heiDATA, V3, UNF:6:uf5BEfv2apPfRJhp2qW+Kw==
We test if Cohn et al.’s (2015) experimental results on countercyclical risk aversion exhibited by financial professionals generalize to a standard student sample. In our sample, we do not find an effect of stock market bust or boom on subjects’ investments. We do not find a syst...
Dec 19, 2017
Kocher, Martin G.; Lahno, Amrei Marie; Trautmann,Stefan T., 2017, "Ambiguity aversion is not universal [Dataset]", doi:10.11588/data/BU56YA, heiDATA, V1
Assuming universal ambiguity aversion, an extensive theoretical literature studies how ambiguity can account for market anomalies from the perspective of expected utility-based theories. We provide a systematic experimental assessment of ambiguity attitudes in different likelihoo...
Sep 5, 2017
Schwieren, Christiane; Buckert, Magdalena; Kudielka, Brigitte M. ; Fiebach, Christian J. , 2017, "How stressful are economic competitions in the lab? An investigation with physiological measures [Dataset]", doi:10.11588/data/M824IQ, heiDATA, V1, UNF:6:YEIBW5YD6SR6UKKmPyydhQ==
Behavioral and physiological data related to the paper "How stressful are economic competitions in the lab?"
Jul 4, 2017
Buckert, Magdalena; Oechssler, Jörg; Schwieren, Christiane, 2017, "Imitation under stress [Dataset]", doi:10.11588/data/VYCCZI, heiDATA, V1, UNF:6:MAZqxVN4vzEoCVKBRyl1KQ==
Imitation has been shown to be an important heuristic, in particular in relatively complex environments. In this experiment we test whether subjects are more likely to use imitation if they are under time pressure or distracted. Subjects play a repeated Cournot oligopoly. Treatme...
Mar 10, 2017
Camacho, Salvador; Schwieren, Christiane; Ruppel, Andreas, 2017, "Promoting water consumption using behavioral economics insights [Dataset]", doi:10.11588/data/10099, heiDATA, V1
Mexico has one of the largest overweight and obesity epidemics in the world and as a response, several actions aiming to reduce the obesity epidemic have been already set in place. Some of these actions include a specific action program for schools looking to turn the scholar env...
Feb 6, 2017
Trautmann, Stefan T.; Van de Kuilen, Gijs, 2017, "Process fairness, outcome fairness, and dynamic consistency: experimental evidence for risk and ambiguity [Dataset]", doi:10.11588/data/10097, heiDATA, V1
Literature on fairness preferences distinguishes between outcome fairness, concerning the final allocation of payoffs, and process fairness, concerning the expected allocation of payoffs. It is not obvious, however, whether process fairness can consistently be implemented. Once u...
Dec 20, 2016
Krawczyk, Michal; Trautmann, Stefan T.; van de Kuilen, Gijs, 2016, "Catastrophic Risk: Social Influences on Insurance Decisions [Dataset]", doi:10.11588/data/10096, heiDATA, V1
We study behavioral patterns of insurance demand for low-probability large-loss events (catastrophic losses). Individual patterns of belief formation and risk attitude that were suggested in the behavioral decisions literature emerge robustly in the current set of insurance choic...
Nov 7, 2016
Trautmann, Stefan T.; Van de Kuilen, Gijs, 2015, "Reserve Price and Competing Bids: Reference Points for Product Evaluations in Online Auctions? [Dataset]", doi:10.11588/data/10055, heiDATA, V2, UNF:5:MSE9ibP7OksrRPc4OYvEGw==
With an increasing number of products sold in online auctions, the effect of reference points on consumers’ product valuations has received much attention in the literature. Two potentially relevant factors affecting bidders’ preferences are the sellers’ reserve price and the com...
Nov 7, 2016
Waichman, Israel; Siang, Ch'ng Kean; Requate, Till; Shafran, Aric P.; Camacho-Cuena, Eva; Iida, Yoshio; Shahrabani, Shosh, 2015, "Reciprocity in Labor Market Relationships: Evidence from an Experiment Across High-Income OECD Countries [Dataset]", doi:10.11588/data/10051, heiDATA, V2
We study reciprocity in the labor market context. To this end, we conducted a bilateral gift exchange experiment comparing behavior of subjects from five high-income OECD countries, among them two liberal market economies (USA and Israel), two coordinated market economies (German...
Nov 7, 2016
Trautmann, Stefan T.; König-Kersting, Christian, 2016, "Ambiguity Attitudes in Decisions for Others [Dataset]", doi:10.11588/data/10084, heiDATA, V2, UNF:5:+nuSVaYwRhcCKiFHfar1iA==
We probe the pattern of ambiguity aversion for moderate-likelihood gain prospects, and ambiguity seeking for low-likelihood gain prospects, if people make decisions not for themselves but as agents for others. We confirm the pattern both with and without accountability.
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