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Implementing (Un)fair Procedures: Containing Favoritism When Unequal Outcomes are Inevitable [Dataset]
Oct 25, 2021 - AWI Experimental Economics
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...
Experiencing Risk: Higher-Order Risk Attitudes in Description- and Experience-Based Decisions [Dataset]
Jul 30, 2021 - AWI Experimental Economics
Becker, Christoph K.; Ert, Eyal; Trautmann, Stefan T.; van de Kuilen, Gijs, 2021, "Experiencing Risk: Higher-Order Risk Attitudes in Description- and Experience-Based Decisions [Dataset]", https://doi.org/10.11588/data/CMCIXT, heiDATA, V1
Risky decisions are often characterized by (a) imprecision about consequences and their likelihoods that can be reduced by information collection, and by (b) unavoidable background risk. This article addresses both aspects by eliciting risk attitude, prudence, and temperance in d...
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