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Sep 18, 2023
Trautmann, Stefan T.; Wang, Xianghong; Wang, Yijie; Xu, Yilong, 2023, "High‑status individuals are held to higher ethical standards [Dataset]", https://doi.org/10.11588/data/6IDG5V, heiDATA, V1, UNF:6:d4StHYIKqO6F0tAqF0pfUA== [fileUNF]
Although there is evidence for the generosity of high‑status individuals, there seems to be a strong perception that the elites are selfish and contribute little to others’ welfare, and even less so than poorer people. We argue that this perception may derive from a gap between n...
Aug 9, 2023
Özgümüs, Asri; Rau, Holger A.; Trautmann, Stefan T., 2023, "Delayed Risk in Individual and Social Decisions [Dataset]", https://doi.org/10.11588/data/QGKGSN, heiDATA, V1
This paper studies temporal-distance effects on individual and social risks, testing Construal Level Theory. We elicit WTPs for risky and ambiguous lotteries and vary the timing (immediately vs. in two weeks) when the uncertainty is resolved. Subjects have lower WTPs for longshot...
May 19, 2023
Lambrecht, Marco; Oechssler, Jörg, 2023, "Do women shy away from risky skill games? [Replication package]", https://doi.org/10.11588/data/WVBHDQ, heiDATA, V1
A risky skill game is a game in which skill plays an important role but outcomes are also strongly influenced by random factors. Examples are poker or blackjack but also many economic activities like trading on financial markets. In an online experiment we let subjects choose how o...
Apr 5, 2023
Brunner, Christoph; Hu, Audrey; Oechssler, Jörg, 2023, "Premium auctions and risk preferences: An experimental study [Dataset]", https://doi.org/10.11588/data/PWBT4U, heiDATA, V2, UNF:6:RjmtzIOU743u9SF+08bMgg== [fileUNF]
In premium auctions, the highest losing bidder receives a reward from the seller. This paper studies the private value English premium auction (EPA) for different risk attitudes of bidders. We explicitly derive the symmetric equilibrium for bidders with CARA utilities and conduct...
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