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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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Nov 2, 2018
Oechssler, Jörg;Roider, Andreas;Schmitz, Patrick W., 2018, "Cognitive Abilities and Behavioral Biases [Dataset]",, heiDATA, V1, UNF:6:Ur0lg1+9V8E/LgM9GE822w== [fileUNF]
We use a simple, three-item test for cognitive abilities to investigate whether established behavioral biases that play a prominent role in behavioral economics and finance are related to cognitive abilities.We find that higher test scores on the cognitive reflection test of Fred...
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Nov 2, 2018
Oechssler, Jörg;Roider, Andreas;Schmitz, Patrick W., 2018, "Cooling Off in Negotiations: Does it Work? [Dataset]",, heiDATA, V1, UNF:6:Cbv7eaNL5WmdjsNqlQQScQ== [fileUNF]
Negotiations frequently end in conflict after one party rejects a final offer. In a large-scale Internet experiment, we investigate whether a 24-hour cooling-off period leads to fewer rejections in ultimatum bargaining. We conduct a standard cash treatment and a lottery treatment...
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