41 to 50 of 116 Results
Noussair, Charles N.; Trautmann, Stefan T.; Kuilen, Gijs van de, 2014, "Higher Order Risk Attitudes, Demographics, and Financial Decisions [Dataset]", https://doi.org/10.11588/data/10009, heiDATA, V4, UNF:5:aqNKYHh13jVE5RIy7gdN5w== [fileUNF]
We study the prevalence of the higher order risk attitudes of prudence and temperance in an experiment with a large demographically representative sample of participants. Under expected utility, prudence and temperance are defined by a convex first, and concave second, derivative... |
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 4, 2014 - AWI Experimental Economics
Eichberger, Jürgen; Oechssler, Jörg; Schnedler, Wendelin, 2014, "How do subjects view multiple sources of ambiguity? [Dataset]", https://doi.org/10.11588/data/10023, heiDATA, V1, UNF:5:opzxnDkbHOo4fM7i9CoiIw== [fileUNF]
As illustrated by the famous Ellsberg paradox, many subjects prefer to bet on events with known rather than with unknown probabilities, i.e., they are ambiguity averse. In an experiment, we examine subjects’ choices when there is an additional source of ambiguity, namely, when th... |
Sep 5, 2017 - AWI Experimental Economics
Schwieren, Christiane; Buckert, Magdalena; Kudielka, Brigitte M.; Fiebach, Christian J., 2017, "How stressful are economic competitions in the lab? An investigation with physiological measures [Dataset]", https://doi.org/10.11588/data/M824IQ, heiDATA, V1, UNF:6:YEIBW5YD6SR6UKKmPyydhQ== [fileUNF]
Behavioral and physiological data related to the paper "How stressful are economic competitions in the lab?" |
Jul 31, 2014 - AWI Experimental Economics
Apesteguia, Jose; Huck, Jose; Oechssler, Jörg, 2014, "Imitation - Theory and Experimental Evidence [Dataset]", https://doi.org/10.11588/data/10019, heiDATA, V1, UNF:5:5pL5x5wCWhIWWBXoTb46LA== [fileUNF]
We introduce a generalized theoretical approach to study imitation and subject it to rigorous experimental testing. In our theoretical analysis we find that the different predictions of previous imitation models are mainly explained by different informational assumptions, and to... |
Aug 1, 2014 - AWI Experimental Economics
Apesteguia, Jose; Huck, Steffen; Oechssler, Jörg; Weidenholzer, Simon, 2014, "Imitation and the Evolution of Walrasian Behavior: Theoretically Fragile but Behaviorally [Dataset]", https://doi.org/10.11588/data/10021, heiDATA, V2, UNF:5:9uTZvsy6tiSJe0U8/cdxPw== [fileUNF]
A well-known result by Vega-Redondo (1997) [18] implies that in symmetric Cournot oligopolies, imitation leads to the Walrasian outcome. We show that this result is not robust to the slightest asymmetry in costs, since every outcome where agents choose identical actions will be p... |
Mar 22, 2018 - AWI Experimental Economics
Apesteguia, Jose; Huck, Steffen; Oechssler, Jörg; Weidenholzer, Elke; Weidenholzer, Simon, 2018, "Imitation of Peers in Children and Adults [Dataset]", https://doi.org/10.11588/data/HFTMST, heiDATA, V1, UNF:6:QDuPhtFcF3CPULh+tQIpJQ== [fileUNF]
Imitation of the successful choices of others is a simple and superficially attractive learning rule. It has been shown to be an important driving force for the strategic behavior of (young) adults. In this study we examine whether imitation is prevalent in the behavior of childr... |
Jul 4, 2017 - AWI Experimental Economics
Buckert, Magdalena; Oechssler, Jörg; Schwieren, Christiane, 2017, "Imitation under stress [Dataset]", https://doi.org/10.11588/data/VYCCZI, heiDATA, V1, UNF:6:MAZqxVN4vzEoCVKBRyl1KQ== [fileUNF]
Imitation has been shown to be an important heuristic, in particular in relatively complex environments. In this experiment we test whether subjects are more likely to use imitation if they are under time pressure or distracted. Subjects play a repeated Cournot oligopoly. Treatme... |
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... |
Apr 8, 2022 - AWI Experimental Economics
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... |
