Showing 21 - 30 of 72
Herein we explore whether a solemn oath can eliminate hypothetical bias in a voting referenda, a design commonly promoted in nonmarket valuation exercises for its incentive compatibility properties. First, we reject the null hypothesis that a hypothetical bias does not exist. Second, we cannot...
Persistent link: https://www.econbiz.de/10010751019
Experiments based on the Beard and Beil (1994) two-player coordination game robustly show that coordination failures arise as a result of two puzzling behaviors: (i) subjects are not willing to rely on others' self-interested maximization, and (ii) self-interested maximization is not ubiquitous....
Persistent link: https://www.econbiz.de/10011025561
L'existence d'une discrimination raciale à l'embauche sur le marché du travail est désormais largement documentée dans la plupart des économies occidentales. Si ce phénomène est confirmé par différentes études pour le marché du travail français, les causes et les sources de cette...
Persistent link: https://www.econbiz.de/10011025778
Numerous field experiments have demonstrated the existence of discrimination in labor markets against specific minority groups. This paper uses a correspondence test to determine whether this discrimination is due to prejudice against specific groups, or a general preference for the majority...
Persistent link: https://www.econbiz.de/10011025790
In experiments based on the Beard and Beil (1994) game, second movers very often fail to select the decision that maximizes both players payoff. This note reports on a new experimental treatment, in which we neutralize the potential effect of inequality aversion on the likelihood of this...
Persistent link: https://www.econbiz.de/10011025856
We experimentally study an asymmetric coordination game with two Nash equilibria: one is Pareto-efficient, the other is Pareto-inefficient and involves a weakly dominated strategy. We assess whether information about the interaction partner helps eliminate the imperfect equilibrium. Our...
Persistent link: https://www.econbiz.de/10011025884
Hypothetical bias is a long-standing issue in stated preference and contingent valuation studies - people tend to overstate their preferences when they do not experience the real monetary consequences of their decision. This view, however, has been challenged by recent evidence based on the...
Persistent link: https://www.econbiz.de/10011025890
This paper investigates the importance of ethnic homophily in the hiring discrimination process, and provides a novel test for statistical discrimination. Our evidence comes from a correspondence test performed in France, in which we use three different kinds of ethnic identification: French...
Persistent link: https://www.econbiz.de/10011025991
Eliciting sincere preferences for non-market goods remain a challenge due to the discrepency between hypothetical and real behavior and false zeros. The gap arises because people either overstate hypothetical values or understate real commitments or a combination of both. Herein we examine...
Persistent link: https://www.econbiz.de/10011026059
Recent work in experimental economics has explored whether observed behavior depends on whether wealth was windfall or earned. This paper extends this work by considering whether earned wealth ffects bidding behavior in an induced-value second-price auction. We find people bid more sincerely in...
Persistent link: https://www.econbiz.de/10009643764