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

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1 to 10 of 88 Results
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...
Nov 22, 2022
Becker, Christoph K.; Trautmann, Stefan T., 2022, "Does Happiness Increase in Old Age? Longitudinal Evidence from 20 European Countries [Dataset]", https://doi.org/10.11588/data/CVMANS, heiDATA, V1
Several studies indicate that happiness follows a U-shape over the life cycle: Happiness decreases after the teenage years until reaching its nadir in middle age. A similar number of studies views the U-shape critically, stating that it is the result of the wrong controls or the...
Jun 3, 2022
Oechssler, Jörg; Reischmann, Andreas; Sofianos, Andis, 2022, "The conditional contribution mechanism for repeated public goods - The general case [Data & Replication package]", https://doi.org/10.11588/data/ZPTF1X, heiDATA, V1
We present a new and simple mechanism for repeated public good environments. In the Conditional Contribution Mechanism (CCM), agents send two messages of the form, “I am willing to contribute x units to the public good if in total y units are contributed.” This mechanism offers a...
May 4, 2022 - NATCOOP
Diekert, Florian; Eymess, Tillmann; Waichman, Israel; Luomba, Joseph, 2022, "The Creation of Social Norms under Weak Institutions [Data and Replication Package]", https://doi.org/10.11588/data/XZI4RP, heiDATA, V1, UNF:6:H5X8w9DFjOePTOLLHlIDqw== [fileUNF]
These data, code, and documents replicate all analyses in "The Creation of Social Norms under Weak Institutions?" by Florian Diekert, Tillmann Eymess, Joseph Luomba, and Israel Waichman, in the Journal of the Association of Environmental and Resource Economists (JAERE).
Apr 8, 2022
Fehr, Dietmar; Rau, Hannes; Trautmann, Stefan T.; Yilong, Xu, 2022, "Inequality, fairness and social capital [Dataset]", https://doi.org/10.11588/data/QV5HAH, heiDATA, V1, UNF:6:0WCVNazM/mTrcTb4wo/FZQ== [fileUNF]
Inequality is often associated with negative societal consequences, but identifying a causal relationship is a daunting task. We provide evidence on the impact of unjust economic inequality on social interactions. Using a large-scale controlled experiment, we document that unjust...
Jan 25, 2022
Trautmann, Stefan T.; Xu, Yilong; König‑Kersting, Christian; Patenaude, Bryan N.; Harling, Guy; Sié, Ali; Bärnighausen, Till, 2022, "Value of statistical life year in extreme poverty: a randomized experiment of measurement methods in rural Burkina Faso [Dataset]", https://doi.org/10.11588/data/WPWTWE, heiDATA, V1
Background: Value of a Statistical Life Year (VSLY) provides an important economic measure of an individual’s trade‑off between health risks and other consumption, and is a widely used policy parameter. Measuring VSLY is complex though, especially in low‑income and low‑literacy c...
Oct 25, 2021
Schmidt, Robert; Trautmann, Stefan T., 2021, "Implementing (Un)fair Procedures: Containing Favoritism When Unequal Outcomes are Inevitable [Dataset]", https://doi.org/10.11588/data/APBF7C, heiDATA, V1, UNF:6:nKEA/QBp0/zEXIMhsTG2og== [fileUNF]
We study the selection of people when unequal payoffs are inevitable, but fair procedures are feasible, as in selecting one person from several candidates for a job. We show that allocators may be influenced by their similarity with a recipi- ent, leading to favoritism in outcome...
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