1 to 10 of 23 Results
Dominiak, Adam; Dürsch, Peter; Lefort, Jean-Philippe, 2014, "A dynamic Ellsberg urn experiment [Dataset]", https://doi.org/10.11588/data/10005, heiDATA, V2, UNF:5:6SM6f4NWdacC70zww1ngbA== [fileUNF]
Abstract Many theories of updating under ambiguity assume either dynamic consistency or consequentialism to underpin behaviorally the link between conditional and unconditional preferences. To test the descriptive validity of these rationality concepts, we conduct a dynamic exten... |
Jul 25, 2014 - AWI Experimental Economics
Trautmann, Stefan T.; Van de Kuilen, Gijs, 2014, "Ambiguity attitudes [Supplemental material]", https://doi.org/10.11588/data/10011, heiDATA, V2
The handbook chapter reviews experimental methods to measure ambiguity attitudes, as well as the recent experimental evidence regarding these attitudes. The data file contains background data that form the basis of Table 1 in the chapter. |
Experimental and behavioral economics at the Department of Economics, University of Heidelberg. → Homepage |
Trautmann, Stefan T.; Kuilen, Gijs van de, 2014, "Belief Elicitation: A Horse Race among Truth Serums [Dataset]", https://doi.org/10.11588/data/10004, heiDATA, V3, UNF:5:rdLqOxsqtpO3QKanCTJFPw== [fileUNF]
We pit non-incentivized introspection against five revealed preference mechanisms (“truth serums”) in the elicitation of beliefs in a simple two-player game. We measure the additivity, the predictive power for own behaviour, and the accuracy of each method. Beliefs from incentivi... |
Jul 31, 2014 - AWI Experimental Economics
Huck, Steffen; Normann, Hans-Theo; Oechssler, Jörg, 2014, "Does Information about Competitors' Actions Increase or Decrease Competition in Experimental Oligopoly Markets? [Dataset]", https://doi.org/10.11588/data/10020, heiDATA, V1
This paper investigates the impact the publication of firm-specific data has on the competitiveness of experimental oligopoly markets. We compare two treatments: in one, firms are informed about their rivals’ actions and profits. In the other, firms are only given aggregate infor... |
Oct 28, 2014 - AWI Experimental Economics
Nikiforakis, Nikos; Oechssler, Jörg; Shah, Anwar, 2014, "Hierarchy, Coercion, and Exploitation: An Experimental Analysis [Dataset]", https://doi.org/10.11588/data/10015, heiDATA, V3, UNF:5:Vep1OzKyX8y7uU4Zs/av/g== [fileUNF]
The power to coerce workers is important for the efficient operation of hierarchically structured organizations. However, this power can also be used by managers to exploit their subordinates for their own benefit. We examine the relationship between the power to coerce and explo... |
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... |
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... |
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... |
