Статьи

Benjamin Enke, Florian Zimmermann. Correlation Neglect in Belief Formation.

A frequent feature of information structures is that incoming signals are not mutually independent, but rather rely on a common set of underlying signals. Using a simple experimental design, we show that in such contexts many people neglect correlations in the updating process, leading to systematically “overshooting” beliefs. This bias is significantly associated with low cognitive ability. In an experimental market setting, we demonstrate that correlation neglect not only drives overoptimism ...

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Hannah Schildberg-Horisch. Instructions to "Is the veil of ignorance only a concept about risk? An experiment.

The instructions were originally in German. Below we present the translated instructions of the veil of ignorance treatment. The instructions of the dictator game and the risk treatment are structured and phrased in the same way with just one exception: to explain the risk treatment in the most natural and easiest possible way the instructions did not mention the state of being participant A (dictator) or B (receiver), but described the two possible states by throwing a dice and getting either a...

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Анна Вороцова. Влияние корпоративных новостей на рыночную стоимость компании Olympus.

Предметом обсуждения стали события в компании Olympus, начавшиеся в конце октября 2011 г. после смещения с поста президента Майкла Вулфорда (Michael Woodford), и продолжающиеся до сих пор. ...

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Johannes Abeler, Steffen Altmann, Sebastian J. Goerg, Sebastian Kube, Matthias Wibral. Equity and Efficiency in Multi-Worker Firms: Insights from Experimental Economics.

In this paper, we discuss recent evidence from economic experiments that study the impact of social preferences on workplace behavior. We focus on situations in which a single employer interacts with multiple employees. Traditionally, equity and efficiency have been seen as opposing aims in such work environments: individual pay-for-performance schemes maximize efficiency but might lead to inequitable outcomes. We present findings from laboratory experiments that show under which circumstances p...

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Armin Falk, Florian Zimmermann. A Taste for Consistency and Survey Response Behavior.

This paper studies how a taste for consistency a ects decision making. Our application is response behavior in surveys. In particular, we show that the inclusion of questions can a ect answers to subsequent related questions. The reason is that participants want to respond in a consistent way. Studying three di erent surveys, we nd a systematic e ect of the inclusion of additional questions. The e ects are large and reveal how easy survey responses can be manipulated. For example, we nd that a...

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Armin Falk, Stephan Meier, and Christian Zehnder. Do Lab Experiments Misrepresent Social Preferences? The case of self-selected student samples.

Social preference research has received considerable attention among economists in recent years. However, the empirical foundation of social preferences is largely based on laboratory experiments with self-selected students as participants. This is potentially problematic as students participating in experiments may behave systematically di erent than non-participating students or non-students. In this paper we empirically investigate whether laboratory experiments with student samples misrepres...

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Наверх

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Актуальное

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Анна Солодухина. В чем заключается суть поведенческой экономики, и почему финансисты не могут избежать финансовых ошибок

Александр Аузан. Институциональная экономика для чайников, часть 12

Вячеслав Валитов. Этническая экономика или неформальная экономика

Интересное

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Бор Стенвик. Люди любят истории больше фактов

Василий Ключарев. "Управление делами": новости нейроэкономики

Алексей Паевский. Кружки НТИ: история одной нейроразработки

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Е.О.Цыплакова. Геймификация — мотивационная практика или механизм тотального контроля над трудовым процессом?

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Ernst Fehr, Lorenz Goette. Robustness and real consequences of nominal wage rigidity

Lea Cassar, Bruno S. Frey. Should I stay or should I go? An institutional approach to brain drain