By chance or by choice? Biased attribution of others' outcomes when social preferences matter [0.03%]
偶然还是必然？当社会偏好起作用时对他人结果的偏见归因
Nisvan Erkal,Lata Gangadharan,Boon Han Koh
Nisvan Erkal
Decision makers in positions of power often make unobserved choices under risk and uncertainty. In many cases, they face a trade-off between maximizing their own payoff and those of other individuals. What inferences are made in such instan...
On the stability of risk and time preferences amid the COVID-19 pandemic [0.03%]
关于新冠肺炎疫情下风险和时间偏好的稳定性
Andreas C Drichoutis,Rodolfo M Nayga Jr
Andreas C Drichoutis
We elicited incentivized measures of risk and time preferences from a sample of undergraduate students in Athens, Greece, in waves that preceded and overlapped with the COVID-19 pandemic. We exploited the timing of several events that occur...
Ingrid Burfurd,Tom Wilkening
Ingrid Burfurd
The Stochastic Becker-DeGroot-Marschak (SBDM) mechanism is a theoretically elegant way of eliciting incentive-compatible beliefs under a variety of risk preferences. However, the mechanism is complex and there is concern that some participa...
Information exchange in laboratory markets: competition, transfer costs, and the emergence of reputation [0.03%]
实验室市场中的信息交换：竞争、转移成本和声誉的产生
Roman Hoffmann,Bernhard Kittel,Mattias Larsen
Roman Hoffmann
Public reputation mechanisms are an effective means to limit opportunistic behavior in markets suffering from moral hazard problems. While previous research was mostly concerned with the influence of exogenous feedback mechanisms, this stud...
Inequality, role reversal and cooperation in multiple group membership settings [0.03%]
多重群体成员情境下的不平等、角色逆转与合作
Andreas Lange,Jan Schmitz,Claudia Schwirplies
Andreas Lange
We investigate the role of endowment inequality in a local and global public goods setting with multiple group membership and examine the effect of temporal role reversal on cooperation decisions. Subjects can contribute to a global public ...
Worker-firm relational contracts in the time of shutdowns: experimental evidence [0.03%]
停工时期的劳企关系合同：实验证据
Sera Linardi,Colin Camerer
Sera Linardi
Exogeneous disruptions in labor demand have become more frequent in recent times. The COVID-19 pandemic has resulted in millions of workers being repeatedly laid off and rehired according to local public health conditions. This may be bad n...
Measuring and Controlling for the Compromise Effect When Estimating Risk Preference Parameters [0.03%]
测量和控制风险偏好参数估计中的妥协效应
Jonathan P Beauchamp,Daniel J Benjamin,David I Laibson et al.
Jonathan P Beauchamp et al.
The compromise effect arises when being close to the "middle" of a choice set makes an option more appealing. The compromise effect poses conceptual and practical problems for economic research: by influencing choices, it can bias researche...
Experience and rationality under risk: re-examining the impact of sampling experience [0.03%]
风险条件下的经验和理性——再探抽样经验的影响
Ilke Aydogan,Yu Gao
Ilke Aydogan
A recent strand of the literature on decision-making under uncertainty has pointed to an intriguing behavioral gap between decisions made from description and decisions made from experience. This study reinvestigates this description-experi...
Stefan Palan,Jürgen Huber,Larissa Senninger
Stefan Palan
When the information of many individuals is pooled, the resulting aggregate often is a good predictor of unknown quantities or facts. This aggregate predictor frequently outperforms the forecasts of experts or even the best individual forec...
Reactions to (the absence of) control and workplace arrangements: experimental evidence from the internet and the laboratory [0.03%]
对（缺乏）控制和工作场所安排的反应：来自互联网和实验室的实验证据
Katrin Schmelz,Anthony Ziegelmeyer
Katrin Schmelz
This paper reports an experiment designed to assess the influence of workplace arrangements on the reactions to (the absence of) control. We compare behavior in an Internet and a laboratory principal-agent game where the principal can contr...