Experimental and behavioral economics at the Department of Economics, University of Heidelberg.

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51 to 60 of 88 Results
Feb 3, 2016
Kettner, Sara Elisa; Waichman, Israel, 2016, "Old Age and Prosocial Behavior: Social Preferences or Experimental Confounds? [Dataset]", https://doi.org/10.11588/data/10067, heiDATA, V1
Experimental and field evidence indicate a positive link between social preferences and age, most strikingly between the elderly and young adults. However, it is possible that the seemingly positive link between age and preferences stems from confounds in experimental procedure....
Oct 28, 2014
Oechssler, Jörg; Schmidt, Carsten; Schnedler, Wendelin, 2014, "On the Ingredients for Bubble Formation: Informed Traders and Communication [Dataset]", https://doi.org/10.11588/data/10018, heiDATA, V2, UNF:5:CfRgi4YFxqGebpDZgTc48w== [fileUNF]
Bubbles in asset markets have been documented in numerous experiments. Most experiments in which bubbles occur feature a declining fundamental value. This feature has been criticized for being atypical of real financial markets. Here, we experimentally study other ingredients for...
Nov 5, 2014
Siang, Ch’ng Kean; Requate, Till; Waichman, Israel, 2014, "On the role of social wage comparisons in gift-exchange experiments [Dataset]", https://doi.org/10.11588/data/10034, heiDATA, V2
This study extends a bilateral gift-exchange experiment by Clark et al. (2010). We investigate how the provision of either quantitative or qualitative information on the average wage paid in all worker–employer relationships impacts the wage set by employers and worker performanc...
Nov 7, 2016
Waichman, Israel; Voss, Andreas, 2016, "Payment Procedure in a Public Good Game Experiment: The Effects of Endowment Timing, Tangibility, and Source [Dataset]", https://doi.org/10.11588/data/10094, heiDATA, V1
We study whether and how payment procedure affects behavior in a repeated public good game. To this end, we conducted five treatments, varying the times of paying the initial endowment (week before, before, or after the decisions) and the source of the initial endowment (windfall...
Nov 4, 2019
Schmidt, Robert, 2019, "Point Beauty Contest: Measuring the Distribution of Focal Points on the Individual Level [Dataset]", https://doi.org/10.11588/data/PA87NV, heiDATA, V1, UNF:6:XeJX5PG6nEvxhO8ACToIDQ== [fileUNF]
We propose the Point Beauty Contest, a mechanism to identify the distribution of focal points on the individual level. By contrast to conventional coordination, subjects coordinate by the distribution of points. This allows for nuanced coordination strategies, as subjects can inv...
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...
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]", https://doi.org/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...
Mar 10, 2017
Camacho, Salvador; Schwieren, Christiane; Ruppel, Andreas, 2017, "Promoting water consumption using behavioral economics insights [Dataset]", https://doi.org/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...
Mar 4, 2015
Trautmann, Stefan T.; Van de Kuilen, Gijs, 2015, "Prospect theory or construal level theory? Diminishing sensitivity vs. psychological distance in risky decisions [Dataset]", https://doi.org/10.11588/data/10040, heiDATA, V2
Attitudes toward risks are central to organizational decisions. These attitudes are commonly modeled by prospect theory. Construal level theory has been proposed as an alternative theory of risky choice, accounting for psychological distance deriving from temporal, spatial and so...
Aug 4, 2014
Dürsch, Peter; Kolb, Albert; Oechssler, Jörg; Schipper, Burkhard C., 2014, "Rage Against the Machines: How Subjects Learn to Play Against Computers [Dataset]", https://doi.org/10.11588/data/10024, heiDATA, V3, UNF:5:UE+VbT403TpvbwYdzJeHMQ== [fileUNF]
We use a large-scale internet experiment to explore how subjects learn to play against computers that are programmed to follow one of a number of standard learning algorithms. The learning theories are (unbeknown to subjects) a best response process, fictitious play, imitation, r...
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