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* 4 Results

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    • Publications (4)
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    • Journal Article (2)
    • Working Paper (2)
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    • Macroeconomic Research (3)
    • Managing collective risk (3)
    • Global Cooperation and Social Cohesion (2)
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  1. Publication

    Paradoxes and Mechanisms for Choice under Risk

    01.06.2015

    Experiments on choice under risk typically involve multiple decisions by individual subjects. The choice of mechanism for selecting decision(s) for payoff is an essential design feature that is often driven by appeal to the isolation hypothesis or...

  2. Publication

    Asymmetrically Dominated Choice Problems, the Isolation Hypothesis and Random Incentive Mechanisms

    01.01.2014

    This paper presents an experimental study of the random incentive mechanisms which are a standard procedure in economic and psychological experiments. Random incentive mechanisms have several advantages but are incentive-compatible only if responses...

  3. Publication

    Paradoxes and Mechanisms for Choice under Risk

    01.06.2011

    Experiments on choice under risk typically involve multiple decisions by individual subjects. The choice of mechanism for selecting decision(s) for payoff is an essential design feature that is often driven by appeal to the isolation hypothesis or...

  4. Publication

    Asymmetrically Dominated Alternatives and Random Incentive Mechanisms

    01.08.2010

    This note presents an experimental study of the random lottery incentive mechanism. In the baseline treatment we observe risk behavior in a given choice problem. We show that by integrating a second, asymmetrically dominated choice problem in a...

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