Search Results - "Weizsäcker, Georg"

Do We Follow Others when We Should? A Simple Test of Rational Expectations by Weizsäcker, Georg

“…The paper presents a meta dataset covering 13 experiments on social learning games. It is found that in situations where it is empirically optimal to follow…”
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Narrow Bracketing and Dominated Choices by Rabin, Matthew, Weizsäcker, Georg

“…We show that any decision maker who "narrowly brackets" (evaluates decisions separately) and does not have constant-absolute-risk-averse preferences will make…”
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Flipping a coin: Evidence from university applications by Dwenger, Nadja, Kübler, Dorothea, Weizsäcker, Georg

“…We empirically investigate the possibility that a decision maker prefers to avoid making a decision and instead delegates it to an external device, e.g., a…”
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The Standard Portfolio Choice Problem in Germany by Breunig, Christoph, Huck, Steffen, Schmidt, Tobias, Weizsäcker, Georg

“…We study an investment experiment with a representative sample of German households. Respondents invest in a safe asset and a risky asset whose return is tied…”
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Expectation management of policy leaders: Evidence from COVID-19 by Haan, Peter, Peichl, Andreas, Schrenker, Annekatrin, Weizsäcker, Georg, Winter, Joachim

“…•Political communication can affect the expectation formation of the public.•We study the expectation management of the German government in the pandemic.•We…”
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Stated Beliefs and Play in Normal-Form Games by COSTA-GOMES, MIGUEL A, WEIZSÄCKER, GEORG

“…Using data on one-shot games, we investigate whether players' actions can be viewed as responses to underlying expectations about their opponent's behaviour…”
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Beliefs and actions in the trust game: Creating instrumental variables to estimate the causal effect by Costa-Gomes, Miguel A, Huck, Steffen, Weizsäcker, Georg

“…In many economic contexts, an elusive variable of interest is the agent's belief about relevant events, e.g. about other agents' behavior. A growing number of…”
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Hidden Skewness: On the Difficulty of Multiplicative Compounding Under Random Shocks by Ensthaler, Ludwig, Nottmeyer, Olga, Weizsäcker, Georg, Zankiewicz, Christian

“…Multiplicative growth processes that are subject to random shocks often have an asymmetric distribution of outcomes. In a series of incentivized laboratory…”
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Learning from Unrealized versus Realized Prices by Ngangoué, M. Kathleen, Weizsäcker, Georg

“…Our experiments investigate the extent to which traders learn from the price, differentiating between situations where orders are submitted before versus after…”
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Limited Depth of Reasoning and Failure of Cascade Formation in the Laboratory by Kubler, Dorothea, Weizsacker, Georg

“…We examine the robustness of information cascades in laboratory experiments. Apart from the situation in which each player can obtain a signal for free (as in…”
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Evidenzbasierte Verbandsarbeit: der erweiterte Ethikkodex des Vereins für Socialpolitik by Kriwoluzky, Alexander, Osikominu, Aderonke, Weichselbaumer, Doris, Weizsäcker, Georg

“…Der neue Ethikkodex des Vereins für Socialpolitik nimmt Stellung gegen die Diskriminierung von Frauen und Minderheiten, sexuelle und anderweitige Belästigung…”
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Advance market commitments for vaccines against neglected diseases: estimating costs and effectiveness by Berndt, Ernst R., Glennerster, Rachel, Kremer, Michael R., Lee, Jean, Levine, Ruth, Weizsäcker, Georg, Williams, Heidi

“…The G8 is considering committing to purchase vaccines against diseases concentrated in low‐income countries (if and when desirable vaccines are developed) as a…”
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Ignoring the rationality of others: evidence from experimental normal-form games by Weizsäcker, Georg

“…Two behavioral models of two-person normal-form game play are presented and estimated, using three experimental data sets. The models are variants of the…”
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Evidence-based association work: The extended code of ethics of the “Verein für Socialpolitik” by Alexander Kriwoluzky, Aderonke Osikominu, Doris Weichselbaumer, Georg Weizsäcker

“…Abstract The new Code of Ethics of the Verein für Socialpolitik takes a stand against discrimination against women and minorities, sexual and other harassment…”
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Long-run expectations of households by Breunig, Christoph, Grabova, Iuliia, Haan, Peter, Weinhardt, Felix, Weizsäcker, Georg

“…The rational expectations assumption, e.g. in life-cycle models and portfolio-choice models, prescribes that all actions are in line with a well-structured and…”
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Do players correctly estimate what others do?: Evidence of conservatism in beliefs by Huck, Steffen, Weizsäcker, Georg

“…In a simple experimental environment a group of subjects was asked to give estimates of a second group’s choice frequencies in a set of lottery-choice tasks…”
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Risk, complexity, and deviations from expected-value maximization: Results of a lottery choice experiment by Huck, Steffen, Weizsäcker, Georg

“…Varying several parameters of single-stage lottery choice tasks we investigate the question which features of a decision task lead subjects to deviate from…”
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Stated beliefs and play in normal-form games by Costa-Gomes, Miguel A, Weizsäcker, Georg

“…Using data on one-shot games, we investigate whether players' actions can be viewed as responses to underlying expectations about their opponent's behaviour…”
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Are Longer Cascades More Stable? by Kübler, Dorothea, Weizsäcker, Georg

“…Yes, they are. We consider data from experimental cascade games that were run in different laboratories, and find uniformly that subjects are more willing to…”
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Information Cascades in the Labor Market by Kübier, Dorothea, Weizsäcker, Georg

“…A model of herding behavior in the labor market is presented where employers receive signals with limited precision about the workers' types, and can observe…”
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