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  1. Igniting deliberation in high stake decisions: a field study
    Autor*in: Hefti, Andreas; Shen, Peiyao; Li, King King
    Erschienen: March 2021
    Verlag:  University of Zurich, Department of Economics, Zurich

    We conduct a large scale randomized field experiment to study whether providing recipients - 42,454 Chinese households in a rural area - with information on the costs of a real decision they make can help to improve the quality of their choices. The... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 191
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    We conduct a large scale randomized field experiment to study whether providing recipients - 42,454 Chinese households in a rural area - with information on the costs of a real decision they make can help to improve the quality of their choices. The decisions are of high financial impact, as the objects of deliberation - air conditioners - have upfront prices exceeding the average monthly salary of a household. Besides providing nominal cost information, we conduct two additional treatments, where we either present the same information by making the real opportunity costs salient, or by administering the information via a quiz. The former aims at facilitating the comparison of effective costs, while the latter aims at enhancing attention and cognitive involvement. We find that providing cost information substantially affects the choices made, and reduces the decision mistakes, in particular in the two additional treatments.

     
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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/232052
    Schriftenreihe: Working paper series / University of Zurich, Department of Economics ; no. 378
    Schlagworte: Information provision; opportunity costs; decision mistakes; involvement; energy efficiency
    Umfang: 1 Online-Ressource (circa 50 Seiten)
  2. Wishful thinking in macroeconomic expectations
    Autor*in: Li, King King; Huang, Bo
    Erschienen: [2021]
    Verlag:  City University of Hong Kong, College of Business, Department of Economics & Finance, Hong Kong

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    VS 806
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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Global Research Unit working paper ; # 2021, 015
    Schlagworte: Macroeconomic Expectations; Belief-based Utility; Probability Overweighting; Ambiguity Aversion; Time Preference; Religiosity; Experiment
    Umfang: 1 Online-Ressource (circa 51 Seiten), Illustrationen
  3. Childbearing Age and Gender Discrimination in Hiring Decisions
    A Large-Scale Field Experiment
    Autor*in: Li, King King; Li, Lunzheng; Si, Wei; Xu, Zhibo
    Erschienen: 2022
    Verlag:  SSRN, [S.l.]

    We conduct a large-scale field experiment in China to investigate the effect of being of childbearing age on gender discrimination in the labor market. We send 35,713 fictitious resumes to real job postings on a major Chinese online recruitment... mehr

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    We conduct a large-scale field experiment in China to investigate the effect of being of childbearing age on gender discrimination in the labor market. We send 35,713 fictitious resumes to real job postings on a major Chinese online recruitment platform for jobs in four leading cities, Beijing, Shanghai, Guangzhou, and Shenzhen, which vary in the length of maternity leave. We send applications for positions advertised in the male-dominated field of information technology (IT), the female-dominated field of accounting (ACC), and the mixed-gender field of human resources (HR). We systematically vary the age and gender of the job applicants and record callbacks for interviews. To accurately mimic the job application process in the Chinese labor market, we do not disclose the applicants’ family status. We find that women of childbearing age are subject to discrimination in the field of IT, a problem that also exists in HR and ACC, particularly in Beijing and Shanghai. There is no obvious discrimination against women of childbearing age in Guangzhou or Shenzhen, where maternity leave is longer. In the aggregate, the evidence indicates that women of childbearing age face statistical discrimination that prevents them from obtaining equal employment opportunities

     
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    Sprache: Englisch
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    Schriftenreihe: ShanghaiTech SEM Working Paper ; No. 004, 2022
    Schlagworte: Correspondence Study; Discrimination; Fertility; Labor Market; Maternity Leave
    Umfang: 1 Online-Ressource (44 p)
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    Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 24, 2022 erstellt
  4. Aspiration, Ethnic Composition, and Competitive Inclination
    An Experimental Study
    Autor*in: Li, King King; Shen, Peiyao
    Erschienen: 2022
    Verlag:  SSRN, [S.l.]

    How does differences in the competitive inclination of ethnic groups contribute to economic disparity and how does the ethnic composition of a group affect competitive inclinations of individuals from different ethnicities? We experimentally... mehr

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    How does differences in the competitive inclination of ethnic groups contribute to economic disparity and how does the ethnic composition of a group affect competitive inclinations of individuals from different ethnicities? We experimentally investigate how ethnic composition affects the competitive inclinations of those from the Han (ethnic majority) and Yi (ethnic minority) in groups with different ethnic compositions. In homogeneous treatments, which consists of one ethnicity, we find no differences in competitive inclination. However, in mixed treatments where both ethnicities are present in the group, the Yi are less likely to enter tournament than the Han, supporting the hypothesis that ethnic composition affects tournament entry decisions. The difference in aspiration for education attainment of the Yi and the Han has the highest explanatory power for this entry-gap. Difference in income, performance, and parents' education cannot explain the entry-gap. The results suggest that the government's preferential university admission policy for ethnic minorities leads to the Yi having lower aspirations, which in turn leads to a lower entry rate in the mixed treatments

     
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    Sprache: Englisch
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    Schriftenreihe: ShanghaiTech SEM Working Paper
    Schlagworte: Competitive inclination; Ethnicity; Aspiration; Gender difference
    Umfang: 1 Online-Ressource (52 p)
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    Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments February 3, 2022 erstellt
  5. The hidden costs of choice in the labor market
    Autor*in: Au, Pak Hung; Li, King King; Zhang, Qing; Zhu, Rong
    Erschienen: November 2023
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    Freedom of choice is often thought to improve efficiency. We experimentally investigate the effect of giving workers a choice between compensation schemes with and without a CSR component (CSR/NoCSR) on labor market participation decision and work... mehr

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    DS 4
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    Freedom of choice is often thought to improve efficiency. We experimentally investigate the effect of giving workers a choice between compensation schemes with and without a CSR component (CSR/NoCSR) on labor market participation decision and work performance, compared to the alternative of exogenous assignment. Classical economic theory suggests that giving workers a choice should not reduce their performance. Our results show that there are hidden costs associated with the right of choice. When a worker is allowed to choose his or her compensation scheme, the labor market participation rate is significantly lower than when the same scheme is exogenously assigned. Work quality is also significantly lower for those who choose CSR, as well as for those who choose no CSR, than for those who are exogenously assigned to the same scheme.We propose a model of signaling with image concerns to explain why the freedom of choice may induce reduced participation and effort exertion of workers.

     
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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/282750
    Schriftenreihe: Discussion paper series / IZA ; no. 16623
    Schlagworte: choice; signaling; image concerns; corporate social responsibility; labor; experiment
    Umfang: 1 Online-Ressource (circa 46 Seiten), Illustrationen
  6. To Go Electric or To Burn Coal? A Randomized Field Experiment of Informational Nudges
    Autor*in: Fang, Hanming; Li, King King; Shen, Peiyao
    Erschienen: November 2023
    Verlag:  National Bureau of Economic Research, Cambridge, Mass

    Coal heating in residential homes is an important source of indoor air pollution, leading to detrimental health effects. We conduct a randomized field experiment in northern China using three types of SMS campaigns targeting three potential biases... mehr

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    Sächsische Landesbibliothek - Staats- und Universitätsbibliothek Dresden
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    Universitätsbibliothek Freiburg
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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    Staats- und Universitätsbibliothek Hamburg Carl von Ossietzky
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    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Coal heating in residential homes is an important source of indoor air pollution, leading to detrimental health effects. We conduct a randomized field experiment in northern China using three types of SMS campaigns targeting three potential biases that may hinder the adoption of electric heating: a Cost SMS campaign, designed to address the overestimation of electricity expenses; a Health SMS campaign, aimed at addressing the underestimation of health damage associated with coal heating; and a Social Comparison SMS campaign, intended to inform households about the popularity of electric heating. We find that the Cost SMS backfires: it instead leads to a substantial reduction in electric heating, which can be attributed to salience bias induced by the Cost SMS, which drew heightened attention to the cost of electricity. The Health SMS is ineffective for households that underestimate the health damage of coal heating and even backfires for those who expressed little concern about the health consequences. Social Comparison SMS is only effective for a small proportion of households who were concerned about their neighbors' heating choices. Overall, our findings suggest that SMS campaigns targeting these biases are largely ineffective, and caution should be exercised when applying plausible nudge interventions. The findings also suggest that households may be motivated to maintain their beliefs and resist paternalistic interventions

     
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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: NBER working paper series ; no. w31841
    Schlagworte: Wohnimmobilien; Heizungsanlage; Kohle; Elektrizität; Gesundheitsrisiko; Konsumentenverhalten; Nudge; Experiment; China; Field Experiments; Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making; General; Government Policy
    Umfang: 1 Online-Ressource, illustrations (black and white)
    Bemerkung(en):

    Hardcopy version available to institutional subscribers
  7. Essays in microeconomics
    Autor*in: Au, Pak Hung
    Erschienen: August 2012

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    B 412284
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Dissertation
    Format: Druck
    Schlagworte: Informationsversorgung; Informationsverhalten; Markov-Kette; Dynamisches Spiel; Theorie; Firmenimage; Eigentümer; Führungswechsel; Eigentümerstruktur; Managervergütung; Shareholder Value; Entscheidungstheorie; Sequentielle Entscheidung
    Umfang: 168 Seiten, Illustrationen
    Bemerkung(en):

    Enthält 3 Beiträge

    Dissertation, Northwestern University, 2012
  8. Approximate truth of perfectness
    an experimental test
    Autor*in: Berninghaus, Siegfried; Güth, Werner; Li, King King
    Erschienen: 2012
    Verlag:  KIT [u.a.], Karlsruhe

    "Approximate truth" refers to the principle that border cases should be analyzed by solving generic cases and solving border cases as limits of generic ones (Brennan et al., 2008). Our study experimentally explores whether this conceptual principle... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    "Approximate truth" refers to the principle that border cases should be analyzed by solving generic cases and solving border cases as limits of generic ones (Brennan et al., 2008). Our study experimentally explores whether this conceptual principle is also behaviorally appealing. To do so, we focus on perfectness (Selten, 1975) and use his example game with (no) multiplicity of (perfect) equilibria. Distinguishing three uniform perturbation levels, we check for monotonicity (all players react monotonically to the perturbation level) and then explore the behavioral relevance of "approximate truth." -- experimental games ; trembling hand perfectness ; perturbed strategies

     
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    Sprache: Englisch
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    Format: Online
    Weitere Identifier:
    hdl: 10419/59532
    Schriftenreihe: Working paper series in economics ; 41
    Schlagworte: Nichtkooperatives Spiel; Experiment
    Umfang: Online-Ressource (PDF-Datei: 9 S., 1,15 MB)
  9. Thinking in Chinese vs. thinking in English
    social preference and risk attitudes of multicultural minds
    Autor*in: Li, King King
    Erschienen: 2010
    Verlag:  Univ. [u.a.], Jena

    This paper investigates whether language priming activates different cultural identities and norms associated with the language communicated; bilingual subjects are given Chinese instructions in the Chinese treatment and English instructions in the... mehr

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    Staats- und Universitätsbibliothek Bremen
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    Niedersächsische Staats- und Universitätsbibliothek Göttingen
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 78 (2010.061)
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    This paper investigates whether language priming activates different cultural identities and norms associated with the language communicated; bilingual subjects are given Chinese instructions in the Chinese treatment and English instructions in the English treatment. The main findings are: (1) in social preference games involving strategic interactions, e.g., the trust game, subjects in the Chinese treatment are more trusting and trustworthy than in the English treatment. However, (2) in individual choice games about social preference, such as the dictator game, while there is no treatment difference, subjects exhibit in-group favoritism only in the Chinese treatment. Further, (3) subjects in the Chinese treatment expect others to be more risk seeking, and prefer to pick Chinese lucky numbers in a lottery game. These findings support the hypothesis that languages are associated with cultural frames and that communicating in a particular language increases the cognitive accessibility of norms associated with that language. -- Identity ; cross-cultural differences ; language ; bilingual ; biculture ; social preference ; risk attitudes

     
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    Weitere Identifier:
    hdl: 10419/56904
    Schriftenreihe: Jena economic research papers ; 2010,061
    Schlagworte: Risikopräferenz; Soziale Beziehungen; Soziale Wohlfahrtsfunktion; Multikulturelle Gesellschaft; Sprache; Spieltheorie; Experiment
    Umfang: Online-Ressource (PDF-Datei: 72 S., 1,02 MB), graph. Darst.