1 to 10 of 27 Results
Jan 25, 2022 - AWI Experimental Economics
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... |
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... |
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... |
Kocher, Martin G.; Pahlke, Julius; Trautmann, Stefan T., 2014, "Tempus Fugit: Time Pressure in Risky Decisions [Dataset]", https://doi.org/10.11588/data/10006, heiDATA, V2
We study the effects of time pressure on risky decisions for pure gain prospects, pure loss prospects, and mixed prospects involving both gains and losses. In two experiments we find that time pressure has no effect on risk attitudes for gains, but increases risk aversion for los... |
Kocher, Martin G.; Schindler, David; Trautmann, Stefan T.; Xu, Yilong, 2018, "Risk, time pressure, and selection effects [Dataset]", https://doi.org/10.11588/data/GBKK4O, heiDATA, V1, UNF:6:pP3XUM9b1UVsjEaoU0RTig== [fileUNF]
Time pressure is a central aspect of economic decision making nowadays. It is therefore natural to ask how time pressure affects decisions, and how to detect individual heterogeneity in the ability to successfully cope with time pressure. In the context of risky decisions, we ask... |
Jan 28, 2016 - AWI Experimental Economics
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... |
Nov 7, 2016 - AWI Experimental Economics
Trautmann, Stefan T.; Van de Kuilen, Gijs, 2015, "Reserve Price and Competing Bids: Reference Points for Product Evaluations in Online Auctions? [Dataset]", https://doi.org/10.11588/data/10055, heiDATA, V2, UNF:5:MSE9ibP7OksrRPc4OYvEGw== [fileUNF]
With an increasing number of products sold in online auctions, the effect of reference points on consumers’ product valuations has received much attention in the literature. Two potentially relevant factors affecting bidders’ preferences are the sellers’ reserve price and the com... |
Kirchmaier, Isadora; Jens Prüfer; Trautmann, Stefan T., 2018, "Religion, moral attitudes and economic behavior [Dataset]", https://doi.org/10.11588/data/PJ8CJU, heiDATA, V1, UNF:6:MuyPmqfxkF5LETTP7Zp3OA== [fileUNF]
Using data for a representative sample of the Dutch population with information about participants’ religious background, we study the association between religion and moral behavior and attitudes. We find that religious people are less accepting of unethical economic behavior (e... |
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... |
Feb 6, 2017 - AWI Experimental Economics
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... |
