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  1. Lying in two dimensions
    Erschienen: [2021]
    Verlag:  U.S.E. Research Institute, Utrecht, The Netherlands

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    Schriftenreihe: U.S.E. working paper series ; nr: 21, 01
    Schlagworte: lying; honesty; morals; multi-dimensional; lab experiment; lab-in-the-field experiment
    Umfang: 1 Online-Ressource (circa 29 Seiten), Illustrationen
  2. Parallel markets in school choice
    Erschienen: June 13, 2021
    Verlag:  Iowa State University, Department of Economics, Ames, Iowa

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    Schriftenreihe: Working paper / Iowa State University, Department of Economics ; number 21007
    Schlagworte: Matching markets; deferred acceptance; information acquisition; game theory; lab experiment
    Umfang: 1 Online-Ressource (circa 41 Seiten), Illustrationen
  3. Limited self-knowledge and survey response behavior
    Erschienen: July 2021
    Verlag:  ECONtribute, Bonn

    We study response behavior in surveys and show how the explanatory power of selfreports can be improved. First, we develop a choice model of survey response behavior under the assumption that the respondent has imperfect self-knowledge about her... mehr

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    We study response behavior in surveys and show how the explanatory power of selfreports can be improved. First, we develop a choice model of survey response behavior under the assumption that the respondent has imperfect self-knowledge about her individual characteristics. In panel data, the model predicts that the variance in responses for different characteristics increases in self-knowledge and that the variance for a given characteristic over time is non-monotonic in self-knowledge. Importantly, the ratio of these variances identifies an individual’s level of self-knowledge, i.e., the latter can be inferred from observed response patterns. Second, we develop a consistent and unbiased estimator for self-knowledge based on the model. Third, we run an experiment to test the model’s main predictions in a context where the researcher knows the true underlying characteristics. The data confirm the model’s predictions as well as the estimator’s validity. Finally, we turn to a large panel data set, estimate individual levels of self-knowledge, and show that accounting for differences in self-knowledge significantly increases the explanatory power of regression models. Using a median split in self-knowledge and regressing risky behaviors on self-reported risk attitudes, we find that the R2 can be multiple times larger for above- than below-median subjects. Similarly, gender differences in risk attitudes are considerably larger when restricting samples to subjects with high self-knowledge. These examples illustrate how using the estimator may improve inference from survey data.

     

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    hdl: 10419/237351
    Schriftenreihe: ECONtribute discussion paper ; no. 106
    Schlagworte: survey research; rational inattention; lab experiment; non-cognitive skills; preferences
    Umfang: 1 Online-Ressource (circa 59 Seiten), Illustrationen
  4. Effectiveness of the approval mechanism for CPR dilemmas
    unanimity versus majority rule
    Erschienen: [2021]
    Verlag:  CEE-M, Center for Environmental Economics, Montpellier

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    Schriftenreihe: CEE-M working paper ; 2021, 11
    Schlagworte: Approval mechanism; lab experiment; common pool resource; majority/unanimity; difference in difference
    Umfang: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  5. Limited self-knowledge and survey response behavior
    Erschienen: [2021]
    Verlag:  German Socio-Economic Panel (SOEP), DIW Berlin, Berlin, Germany

    We study response behavior in surveys and show how the explanatory power of selfreports can be improved. First, we develop a choice model of survey response behavior under the assumption that the respondent has imperfect self-knowledge about her... mehr

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    We study response behavior in surveys and show how the explanatory power of selfreports can be improved. First, we develop a choice model of survey response behavior under the assumption that the respondent has imperfect self-knowledge about her individual characteristics. In panel data, the model predicts that the variance in responses for different characteristics increases in self-knowledge and that the variance for a given characteristic over time is non-monotonic in self-knowledge. Importantly, the ratio of these variances identifies an individual's level of self-knowledge, i.e., the latter can be inferred from observed response patterns. Second, we develop a consistent and unbiased estimator for self-knowledge based on the model. Third, we run an experiment to test the model's main predictions in a context where the researcher knows the true underlying characteristics. The data confirm the model's predictions as well as the estimator's validity. Finally, we turn to a large panel data set, estimate individual levels of self-knowledge, and show that accounting for differences in self-knowledge significantly increases the explanatory power of regression models. Using a median split in self-knowledge and regressing risky behaviors on self-reported risk attitudes, we find that the R2 can be multiple times larger for above- than below-median subjects. Similarly, gender differences in risk attitudes are considerably larger when restricting samples to subjects with high self-knowledge. These examples illustrate how using the estimator may improve inference from survey data.

     

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    hdl: 10419/243182
    Schriftenreihe: SOEPpapers on multidisciplinary panel data research ; 1142 (2021)
    Schlagworte: survey research; rational inattention; lab experiment; non-cognitiveskills; preferences
    Umfang: 1 Online-Ressource (circa 60 Seiten), Illustrationen
  6. Testing classic theories of migration in the lab
    Erschienen: September 2021
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    We test different classic migration theories by using incentivized laboratory experiments to investigate how potential migrants decide between working in different destinations. We test theories of income maximization, skill-selection, and... mehr

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    We test different classic migration theories by using incentivized laboratory experiments to investigate how potential migrants decide between working in different destinations. We test theories of income maximization, skill-selection, and multi-destination choice as we vary migration costs, liquidity constraints, risk, social benefits, and incomplete information. The standard income maximization model leads to a much higher migration rate and more negative skill-selection than occurs when migration decisions take place under more realistic assumptions. The independence of irrelevant alternatives assumption mostly holds when decisions just involve wages, costs, and liquidity constraints, but breaks down once we add risk and incomplete information.

     

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    hdl: 10419/245768
    Schriftenreihe: Discussion paper series / IZA ; no. 14717
    Schlagworte: migrant selection; destination choice; lab experiment; IIA
    Umfang: 1 Online-Ressource (circa 49 Seiten), Illustrationen
  7. Limited self-knowledge and survey response behavior
    Erschienen: July 2021
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    We study response behavior in surveys and show how the explanatory power of self-reports can be improved. First, we develop a choice model of survey response behavior under the assumption that the respondent has imperfect self-knowledge about her... mehr

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    We study response behavior in surveys and show how the explanatory power of self-reports can be improved. First, we develop a choice model of survey response behavior under the assumption that the respondent has imperfect self-knowledge about her individual characteristics. In panel data, the model predicts that the variance in responses for different characteristics increases in self-knowledge and that the variance for a given characteristic over time is non-monotonic in self-knowledge. Importantly, the ratio of these variances identifies an individual's level of self-knowledge, i.e., the latter can be inferred from observed response patterns. Second, we develop a consistent and unbiased estimator for self-knowledge based on the model. Third, we run an experiment to test the model's main predictions in a context where the researcher knows the true underlying characteristics. The data confirm the model's predictions as well as the estimator's validity. Finally, we turn to a large panel data set, estimate individual levels of self-knowledge, and show that accounting for differences in self-knowledge significantly increases the explanatory power of regression models. Using a median split in self-knowledge and regressing risky behaviors on self-reported risk attitudes, we find that the R2 can be multiple times larger for above- than below-median subjects. Similarly, gender differences in risk attitudes are considerably larger when restricting samples to subjects with high self-knowledge. These examples illustrate how using the estimator may improve inference from survey data.

     

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    hdl: 10419/245577
    Schriftenreihe: Discussion paper series / IZA ; no. 14526
    Schlagworte: survey research; rational inattention; lab experiment; non-cognitive skills; preferences
    Umfang: 1 Online-Ressource (circa 60 Seiten), Illustrationen
  8. Costly information acquisition in centralized matching markets
    Erschienen: [2021]
    Verlag:  Collaborative Research Center Transregio 190, Munich, Germany

    Every year during school and college admissions, students and their parents devote considerable time and effort to acquiring costly information about their own preferences. In a market where students are ranked by universities based on exam scores,... mehr

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    Every year during school and college admissions, students and their parents devote considerable time and effort to acquiring costly information about their own preferences. In a market where students are ranked by universities based on exam scores, we explore ways to reduce wasteful information acquisition - that is, to help students avoid acquiring information about their out-of-reach schools or universities - using a market design approach. We find that, both theoretically and experimentally, a sequential serial dictatorship mechanism leads to less wasteful information acquisition and higher student welfare than a direct serial dictatorship mechanism. This is because the sequential mechanism informs students about which universities are willing to admit them, thereby directing their search. Additionally, our experiments show that the sequential mechanism has behavioral advantages because subjects deviate from the optimal search strategy less frequently under the sequential than under the direct mechanism. We also investigate the effects of providing historical cutoff scores under the direct mechanism. We find that the cutoff provision can increase student welfare, especially when the information costs are high, although the effect is weaker than that of a sequential mechanism.

     

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    hdl: 10419/233503
    Schriftenreihe: Discussion paper / Rationality & Competition, CRC TRR 190 ; no. 280 (February 26, 2021)
    Schlagworte: Matching market; deferred acceptance; information acquisition; game theory; lab experiment
    Umfang: 1 Online-Ressource (circa 58 Seiten), Illustrationen
  9. Can time-inconsistent preferences explain hypothetical biases?
    Erschienen: 2021-01-30
    Verlag:  Masaryk University, Brno

    We investigate whether the value of time (VOT) depends on when the corresponding preferences are measured: in advance, just before, or after the time period for which the time preferences are being evaluated. We find that the VOT is highest when... mehr

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    We investigate whether the value of time (VOT) depends on when the corresponding preferences are measured: in advance, just before, or after the time period for which the time preferences are being evaluated. We find that the VOT is highest when elicited just before the time period. This is an indication of the VOT being affected by time-inconsistent, and more specifically, present-biased preferences. We argue that this result may explain why time valuations based on stated preference (SP) data are typically found to be lower than those based on revealed preference (RP) data: most RP surveys evaluate the preferences of respondents close to the time period for which the preferences are being measured, whereas the time instances for which preferences are evaluated in SP surveys tend to be more abstract, or referencing past or future time periods.

     

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    hdl: 10419/237410
    Schriftenreihe: MUNI ECON ; n. 2021, 01
    Schlagworte: valuation of time; time inconsistency; present bias; hypothetical bias; lab experiment
    Umfang: 1 Online-Ressource (circa 29 Seiten), Illustrationen
  10. Competitiveness, selection bias and gender differences among economics majors
    Erschienen: [2022]
    Verlag:  New York University Abu Dhabi, Abu Dhabi, UAE

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    Schriftenreihe: Division of Social Science working paper series ; working paper # 0074 (January 2022)
    Schlagworte: gender gap; diversity in economics; selection bias; lab experiment; competitiveness
    Umfang: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  11. My browser is not a billboard
    experimental evidence on ad-blocking adoption and users' acquisition of information
    Erschienen: December 2021
    Verlag:  WIK Wissenschaftliches Institut für Infrastruktur und Kommunikationsdienste GmbH, Bad Honnef, Germany

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    hdl: 10419/253742
    Schriftenreihe: WIK working paper ; no. 1
    Schlagworte: ad-blocking; consumer behavior; lab experiment; online advertising; welfare; privacy
    Umfang: 1 Online-Ressource (circa 46 Seiten), Illustrationen
  12. An Ellsberg paradox for ambiguity aversion
    Erschienen: December 2022
    Verlag:  Department of Economics, Department of Public Economics, University of Graz, Graz

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    Schriftenreihe: Graz economics papers ; GEP 2022, 05
    Schlagworte: Knightian uncertainty; subjective expected utility; ambiguity aversion; lab experiment
    Umfang: 1 Online-Ressource (circa 29 Seiten), Illustrationen
  13. Randomization advice and ambiguity aversion
    Erschienen: January 2023
    Verlag:  Department of Economics, Department of Public Economics, University of Graz, Graz

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    Schriftenreihe: Graz economics papers ; GEP 2023, 01
    Schlagworte: Knightian uncertainty; subjective expected utility; ambiguity aversion; lab experiment
    Umfang: 1 Online-Ressource (circa 27 Seiten), Illustrationen
  14. Planning to cheat
    temptation and self-control
    Erschienen: [2023]
    Verlag:  Wissenschaftszentrum Berlin für Sozialforschung gGmbH, Berlin, Germany

    Are opportunities making thieves? Accumulated experimental evidence shows that, when people have the opportunity to cheat, often they take it. Most of the literature on cheating opportunities forces people into a tempting situation where they face a... mehr

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    Are opportunities making thieves? Accumulated experimental evidence shows that, when people have the opportunity to cheat, often they take it. Most of the literature on cheating opportunities forces people into a tempting situation where they face a trade-off between money and morality. In our paper, we ask whether people are sophisticated in their cheating behavior and whether they search for or avoid these trade-offs. Overall, participants in the experiment exhibit very little temptation, i.e., virtually no one is willing to pay a cost to avoid the possibility of misreporting in a coin-flip-like task, and they are able to consistently stick to their plan. Participants with a strict preference for the tempting situation, i.e., who are planning to cheat, show a winning rate of about 95% and those that are indifferent between having and not having the opportunity, i.e., who are planning to be honest, show a winning rate that is close to 50%.

     

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    hdl: 10419/277737
    Schriftenreihe: Discussion paper / WZB Berlin Social Science Center, Research Area: Markets and Choice, Research Unit: Market Behavior ; SP II 2023, 205 (September 2023)
    Schlagworte: temptation and self-control; cheating; unethical behavior; lab experiment
    Umfang: 1 Online-Ressource (circa 39 Seiten), Illustrationen
  15. Can policy packaging help overcome pigouvian tax aversion?
    a lab experiment on combining taxes and subsidies
    Erschienen: August 2023
    Verlag:  CESifo, Munich, Germany

    Tax aversion makes it politically challenging to introduce Pigouvian taxes. One proposed solution to overcome this resistance is to package policies. Using an online lab experiment, we investigate whether combining a tax and a subsidy is perceived as... mehr

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    Tax aversion makes it politically challenging to introduce Pigouvian taxes. One proposed solution to overcome this resistance is to package policies. Using an online lab experiment, we investigate whether combining a tax and a subsidy is perceived as more acceptable than the tax or the subsidy alone. The purpose of the policies is to reduce demand for a good with a negative externality to the socially optimal level. We find that support for a combination of a tax and a subsidy equals the simple average of support for the two instruments alone. Combining a tax and a subsidy therefore does not reduce tax aversion, other than through lower tax rates in the combinations. We also examine potential mechanisms behind the tax aversion. Participants hold more pessimistic beliefs about what share of the tax revenue they will receive when the tax is implemented alone than when it is combined with a subsidy. Furthermore, we find that the participants expect the tax to be more effective in reducing demand for the good with a negative externality than both the subsidy alone and the combinations of tax and subsidy. This belief does not, however, translate into support for the tax.

     

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    hdl: 10419/279361
    Schriftenreihe: CESifo working papers ; 10610 (2023)
    Schlagworte: Pigouvian taxes; policy packaging; public support; lab experiment; tax aversion
    Umfang: 1 Online-Ressource (circa 74 Seiten), Illustrationen
  16. Spoiling the party
    experimental evidence on the willingness to transmit inconvenient ethical information
    Erschienen: [2023]
    Verlag:  Tinbergen Institute, Amsterdam, The Netherlands

    Information about the consequences of our consumption choices can be unwelcome, and people sometimes avoid it. We investigate a situation where one person possesses information that is inconvenient for another, and study why and when they decide to... mehr

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    Information about the consequences of our consumption choices can be unwelcome, and people sometimes avoid it. We investigate a situation where one person possesses information that is inconvenient for another, and study why and when they decide to transmit that information. We introduce a simple and portable experimental game to analyze transmission of inconvenient information. In this game, a Sender can inform a Receiver at a small cost about a negative externality associated with a tempting and profitable action for the Receiver. The results from our online experiment (N = 1,512) show that Senders transmit more information for large negative externalities. Sender's decisions are largely driven by their own preferences for information. However, some Senders take the Receiver's feelings into account, by transmitting evidence of positive externalities or by suppressing negative information upon the Receiver's request. Understanding the decision to share inconvenient information matters, as it will affect the personal and political will to address important externalities and can inform strategies to encourage the transmission of inconvenient information within organizations.

     

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    hdl: 10419/282875
    Schriftenreihe: Array ; TI 2023, 062
    Schlagworte: willful ignorance; information avoidance; unethical behavior; lab experiment
    Umfang: 1 Online-Ressource (circa 47 Seiten), Illustrationen
  17. Individual oath-swearing and lying under peer pressure
    Erschienen: [2023]
    Verlag:  Tinbergen Institute, Amsterdam, The Netherlands

    Previous studies have shown that an oath can reduce lying at an individual level. Can oaths reduce lying in groups, a context where the prevalence of lying is typically higher? Results from a lab experiment reveal that the impact of an oath on lying... mehr

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    Previous studies have shown that an oath can reduce lying at an individual level. Can oaths reduce lying in groups, a context where the prevalence of lying is typically higher? Results from a lab experiment reveal that the impact of an oath on lying in a group context depends on the incentive structure. Oath reduces lying only when payoffs are independent. Evidence supports the notion that payoff interdependence creates pressure on individuals to conform to the group, crowding out the impact of oath on honest reporting. An implication is that to be effective in an organizational context, an oath intervention must be designed in strict connection with the incentive structures.

     

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    hdl: 10419/282882
    Schriftenreihe: Array ; TI 2023, 069
    Schlagworte: Honesty oath; lying; group incentive; peer pressure; lab experiment
    Umfang: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  18. Can competition reduce moral hazard?
    a laboratory experiment
    Erschienen: [2019]
    Verlag:  Centre for Research in Economics and Business, Lahore School of Economics, Lahore, Pakistan

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    Schriftenreihe: CREB working paper ; no. 20, 02
    Schlagworte: moral hazard; competition; gender; lab experiment; effort task
    Umfang: 1 Online-Ressource (circa 68 Seiten), Illustrationen
  19. How personalized networks can limit free riding
    a multi-group version of the public goods game
    Erschienen: 1-13-2024
    Verlag:  Chapman University, Economic Science Institute, [Orange, CA]

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    Schriftenreihe: ESI working papers ; 23, 12
    Schlagworte: cooperation; PGG; lab experiment; multi-group
    Umfang: 1 Online-Ressource (circa 50 Seiten), Illustrationen
  20. Risky decisions and the opportunity costs of time
    Erschienen: [2017]
    Verlag:  TWI, Thurgau Institute of Economics at the University of Konstanz, Kreuzlingen

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    Schriftenreihe: Research paper series / Thurgau Institute of Economics and Department of Economics at the University of Konstanz ; no. 108
    Schlagworte: decision under risk; time constraints; opportunity costs; rational behavior; lab experiment; structural estimation
    Umfang: 1 Online-Ressource (circa 53 Seiten), Illustrationen
  21. Reputation and multilateral punishment under uncertainty
    Erschienen: August 4, 2017
    Verlag:  [Chapman University, Economic Science Institute], [Orange, CA]

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    Schriftenreihe: [Working papers / Chapman University, Economic Science Institute ; 17, 14]
    Schlagworte: multilateral punishment; reputation; uncertainty; exchange; lab experiment; trust game
    Umfang: 1 Online-Ressource (circa 55 Seiten), Illustrationen
  22. Does the paradox of plenty exist?
    experimental evidence on the curse of resource abundance
    Erschienen: [2017]
    Verlag:  [Monash University, Monash Business School, Department of Economics], [Canberra]

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Discussion paper / Monash Business School, Department of Economics ; 17, 03
    Schlagworte: lab experiment; stakes; institutions; rent seeking
    Umfang: 1 Online-Ressource (circa 32 Seiten), Illustrationen
  23. Behavioral foundations of the substitutability between insurance and self-insurance
    an experimental study
    Erschienen: March 2016
    Verlag:  CIRANO, Centre interuniversitaire de recherche en analyse des organisations, Montréal

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Scientific series / CIRANO, Centre interuniversitaire de recherche en analyse des organisations ; 2016s-12
    Schlagworte: insurance; self-insurance; substitutability; lab experiment; risk-aversion
    Umfang: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  24. Sharing as risk pooling in a social dilemma experiment
    Erschienen: 2015
    Verlag:  Chapman Univ., Economic Science Inst., Orange, Calif.

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Working papers / Chapman University, Economic Science Institute ; 15,03
    Schlagworte: collective action; experimental economics; idiosyncratic risk; income smoothing;insurance; lab experiment; public goods; risk pooling; resource sharing; social dilemma; socialecological systems; team production
    Umfang: Online-Ressource (22 S.), graph. Darst.