heiDATA

Author Name: Trautmann, Stefan T. Keyword Term: Accountability

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Good decision vs. good results: Outcome bias in the evaluation of financial agents [Dataset] Nov 9, 2020 - AWI Experimental Economics König-Kersting, Christian; Pollmann, Monique; Potters, Jan; Trautmann, Stefan T., 2020, "Good decision vs. good results: Outcome bias in the evaluation of financial agents [Dataset]", https://doi.org/10.11588/data/HQW24W, heiDATA, V1, UNF:6:bFbob63euOZqXO04dtgSBQ== [fileUNF] We document outcome bias in situations where an agent makes risky financial decisions for a principal. In three experiments, we show that the principal’s eval- uations and financial rewards for the agent are strongly affected by the random outcome of the risky investment. This ha...
Ambiguity Attitudes in Decisions for Others [Dataset] Nov 7, 2016 - AWI Experimental Economics Trautmann, Stefan T.; König-Kersting, Christian, 2016, "Ambiguity Attitudes in Decisions for Others [Dataset]", https://doi.org/10.11588/data/10084, heiDATA, V2, UNF:5:+nuSVaYwRhcCKiFHfar1iA== [fileUNF] We probe the pattern of ambiguity aversion for moderate-likelihood gain prospects, and ambiguity seeking for low-likelihood gain prospects, if people make decisions not for themselves but as agents for others. We confirm the pattern both with and without accountability.

Good decision vs. good results: Outcome bias in the evaluation of financial agents [Dataset]

Nov 9, 2020 - AWI Experimental Economics

König-Kersting, Christian; Pollmann, Monique; Potters, Jan; Trautmann, Stefan T., 2020, "Good decision vs. good results: Outcome bias in the evaluation of financial agents [Dataset]", https://doi.org/10.11588/data/HQW24W, heiDATA, V1, UNF:6:bFbob63euOZqXO04dtgSBQ== [fileUNF]

We document outcome bias in situations where an agent makes risky financial decisions for a principal. In three experiments, we show that the principal’s eval- uations and financial rewards for the agent are strongly affected by the random outcome of the risky investment. This ha...

Ambiguity Attitudes in Decisions for Others [Dataset]

Nov 7, 2016 - AWI Experimental Economics

Trautmann, Stefan T.; König-Kersting, Christian, 2016, "Ambiguity Attitudes in Decisions for Others [Dataset]", https://doi.org/10.11588/data/10084, heiDATA, V2, UNF:5:+nuSVaYwRhcCKiFHfar1iA== [fileUNF]

We probe the pattern of ambiguity aversion for moderate-likelihood gain prospects, and ambiguity seeking for low-likelihood gain prospects, if people make decisions not for themselves but as agents for others. We confirm the pattern both with and without accountability.

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