Typically, laboratory experiments suffer from homogeneous subject pools and selfselection biases. The usefulness of survey data is limited by measurement error and by the questionability of their behavioral relevance. Here we present a method integrating interactive experiments and representative surveys thereby overcoming crucial weaknesses of both approaches. One of the major advantages of our approach ...
2002| Ernst Fehr, Urs Fischbacher, Bernhard von Rosenbladt, Jürgen Schupp, Gert G. Wagner
Many validation studies deal with item-nonresponse and measurement error in earnings data. In this paper we explore motives of respondents for the failure to reveal earnings using the German Socio-Economic Panel (GSOEP). GSOEP collects socio-economic information of private households in the Federal Republic of Germany. We explain the evolution of income-nonresponse in the GSOEP and demonstrate the ...
In the expected-utility theory of the monetary value of a statistical life, the so-called "dead-anyway" effect discovered by Pratt and Zeckhauser (1996) asserts that an individuals' willingness to pay (WTP) for small reductions in mortality risk increases with the initial level of risk. Their reasoning is based on differences in the marginal utility of wealth between the two states of nature: life ...
Die experimentelle Ökonomie führt typischerweise Labor-Untersuchungen durch, die mit homogenen und selektiven Versuchspersonen arbeiten. Repräsentative Surveys leiden hingegen unter Messfehlern und der Frage, ob hypothetisches Verhalten, das erhoben wird, mit tatsächlichem Verhalten korrespondiert. Deswegen präsentieren wir eine Methode, mit der man die Schwächen beider Ansätze überwindet, indem man ...
In:
Schmollers Jahrbuch
122 (2002), 4, S. 1-24
| Ernst Fehr, Urs Fischbacher, Bernhardt von Rosenbladt, Jürgen Schupp, Gert G. Wagner
In:
Julia I. Lane, Pat Doyle, Laura M. Zayatz (Hrsg.) ,
Confidentiality, Disclosure, and Data Access
Amsterdam [u.a.] : Elsevier
S. 17-42
| Flora Felsö, Jules Theeuwes, Gert G. Wagner