91 to 100 of 116 Results
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... |
Trautmann, Stefan T.; Kocher, Martin; Pahlke, Julius, 2015, "An Experimental Study of Precautionary Bidding [Dataset]", https://doi.org/10.11588/data/10060, heiDATA, V2, UNF:5:RnlzAG0nN9/oXQdIQt8fdA== [fileUNF]
Auctions often involve goods exhibiting a common-knowledge ex-post risk. In such auctions, precautionary bidding predicts that under expected utility, DARA bidders reduce their bids by more than the appropriate risk premium. Because the degree of riskiness of an auctioned good an... |
Aug 31, 2015 - AWI Experimental Economics
Oechssler, Jörg; Roomets, Alex, 2015, "A Test of Mechanical Ambiguity [Dataset]", https://doi.org/10.11588/data/10059, heiDATA, V1, UNF:5:0TQJ35gJjj9nUWl9FiZstA== [fileUNF]
We implement an experiment to elicit subjects’ ambiguity attitudes in the spirit of Ellsberg's three-color urn. The procedure includes three design elements that (together) have not been featured in similar experiments: Strict ambiguity preferences, a single decision, and a mecha... |
Günther, Christina; Arslan Ekinci, Neslihan; Schwieren, Christiane; Strobel, Martin, 2015, "Women can´t jump?—An experiment on competitive attitudes and stereotype threat [Dataset]", https://doi.org/10.11588/data/10052, heiDATA, V2, UNF:5:MFh9Pa5Rh/urnBELIzJ4uA== [fileUNF]
Gneezy et al. (2003) offer a partial explanation for the wage gap between men and women. In an experiment they found that women react less to competitive incentives. The task they used in their experiment can however be considered a male task. We replicate the experiment and exte... |
Schwieren, Christiane, 2015, "The gender wage gap in experimental labor markets [Dataset]", https://doi.org/10.11588/data/10050, heiDATA, V1, UNF:5:Fzye6N1Ba0IVMHWhncp+7g== [fileUNF]
We analyze the gender wage gap in experimental markets. Women receive but do not request significantly lower wages than men. This hurts firms, as women react with low effort. Additionally, women tend to react differently than men to wage levels. |
Waichman, Israel; Requate, Till; Siang, Ch’ng Kean, 2015, "Communication in Cournot competition: An experimental study [Dataset]", https://doi.org/10.11588/data/10049, heiDATA, V2
This study investigates the impact of communication on outcomes in Cournot duopoly and triopoly experiments. Communication is implemented by two different devices, a ‘standardized-communication’ and a ‘free-communication’ device. Using both students and managers as subjects, we f... |
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... |
Siang, Ch’ng Kean; Requate, Till; Waichman, Israel, 2014, "On the role of social wage comparisons in gift-exchange experiments [Dataset]", https://doi.org/10.11588/data/10034, heiDATA, V2
This study extends a bilateral gift-exchange experiment by Clark et al. (2010). We investigate how the provision of either quantitative or qualitative information on the average wage paid in all worker–employer relationships impacts the wage set by employers and worker performanc... |
Oct 29, 2014 - AWI Experimental Economics
Diederich, Johannes; Goeschl, Timo, 2014, "Willingness to Pay for Voluntary Climate Action and Its Determinants: Field-Experimental Evidence [Dataset]", https://doi.org/10.11588/data/10030, heiDATA, V2
The determinants of individual, voluntary climate action (VCA) in combating climate change and its potential scale are frequently debated in public but largely underresearched. We provide estimates of the willingness to individually reduce EU greenhouse gas emissions by one ton,... |
Oct 28, 2014 - AWI Experimental Economics
Oechssler, Jörg; Schmidt, Carsten; Schnedler, Wendelin, 2014, "On the Ingredients for Bubble Formation: Informed Traders and Communication [Dataset]", https://doi.org/10.11588/data/10018, heiDATA, V2, UNF:5:CfRgi4YFxqGebpDZgTc48w== [fileUNF]
Bubbles in asset markets have been documented in numerous experiments. Most experiments in which bubbles occur feature a declining fundamental value. This feature has been criticized for being atypical of real financial markets. Here, we experimentally study other ingredients for... |
