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AWI Experimental Economics (Heidelberg University - Alfred-Weber-Institute for Economics)
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1 to 10 of 10 Results
Dec 20, 2016
Krawczyk, Michal; Trautmann, Stefan T.; van de Kuilen, Gijs, 2016, "Catastrophic Risk: Social Influences on Insurance Decisions [Dataset]", https://doi.org/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.; König-Kersting, Christian, 2016, "Ambiguity Attitudes in Decisions for Others [Dataset]", https://doi.org/10.11588/data/10084, heiDATA, V2, UNF:5:+nuSVaYwRhcCKiFHfar1iA== [fileUNF]
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.
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...
Oct 20, 2016
Vanberg, Christoph, 2016, "Who never tells a lie? [Data set and Programs]", https://doi.org/10.11588/data/10087, heiDATA, V1
I experimentally investigate the hypothesis that many people avoid lying even in a situation where doing so would result in a Pareto improvement. Replicating (Erat and Gneezy, Management Science 58, 723-733, 2012), I find that a significant fraction of subjects tell the truth in...
Jul 19, 2016
Roth, Benjamin; Trautmann, Stefan T.; Voskort, Andrea, 2016, "The role of personal interaction in the assessment of risk attitudes [Dataset]", https://doi.org/10.11588/data/10082, heiDATA, V1
Many decisions under uncertainty are delegated to professionals, such as financial advisors or medical doctors, requiring them to assess the risk attitudes of their clients or patients. To gain a better under- standing of the potential factors influencing risk attitude assessment...
May 30, 2016
Oechssler, Jörg; Roomets, Alex; Roth, Stefan, 2016, "From imitation to collusion: a replication [Dataset]", https://doi.org/10.11588/data/10075, heiDATA, V2, UNF:5:qSzzvlOu2rl8/AR8TIBEEQ== [fileUNF]
In oligopoly, imitating the most successful competitor yields very competitive outcomes. This theoretical prediction has been confirmed experimentally by a number of studies. A recent paper by Friedman et al. (J Econ Theory 155:185–205, 2015) qualifies those results in an interes...
May 3, 2016
Trautmann, Stefan T.; Brown, Martin; Vlahu, Razvan, 2016, "Understanding Bank-Run Contagion [Dataset]", https://doi.org/10.11588/data/10074, heiDATA, V1, UNF:5:KUriC0VYM6pSi7sO2HjL/g== [fileUNF]
We study experimental coordination games to examine through which transmission channels, and under which information conditions, a panic-based depositor-run at one bank may trigger a panic-based depositor-run at another bank. We find that withdrawals at one bank trigger withdrawa...
Mar 16, 2016
Diederich, Johannes; Goeschl, Timo; Waichman, Israel, 2016, "Group Size and the (In)Efficiency of Pure Public Good Provision [Dataset]", https://doi.org/10.11588/data/10069, heiDATA, V1, UNF:5:kp1aULj0nca125TUHszBUg== [fileUNF]
Are larger groups better at cooperation than smaller groups? This paper investigates, under controlled conditions, the presence and direction of a possible group size effect in pure public good provision by large heterogeneous groups. Employing subjects drawn from the general pop...
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....
Jan 28, 2016
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]
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 m...
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