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SOEPpapers 1026 / 2019

Willingness to Take Risk: The Role of Risk Conception and Optimism

We show that the disposition to focus on favorable or unfavorable outcomes of risky situations affects willingness to take risk as measured by the general risk question. We demonstrate that this disposition, which we call risk conception, is strongly associated with optimism, a stable facet of personality, and that it predicts real-life risk taking. The general risk question captures this

2019| Thomas Dohmen, Simone Quercia, Jana Willrodt
Berlin IO Day

The 13th Berlin IO Day (cancelled)

Unfortunately the event is cancelled. As soon as a new date is fixed, it will be announced here on the website. The Berlin IO Day is a one-day workshop sponsored by the Berlin Centre for Consumer Policies (BCCP) and supported by the Berlin's leading academic institutions, including DIW Berlin, ESMT Berlin, Humboldt-Universität zu Berlin, and Technische Universität Berlin. The aim is to

27.03.2020| Rosa Ferrer, Holger Herz, Thomas Otter, Bertel Schjerning, Yossi Spiegel
Monographien

All-Pay Competition with Captive Consumers

We study a game in which two firms compete in quality to serve a market consisting of consumers with different initial consideration sets. If both firms invest below a certain quality threshold, they only compete for those consumers already aware of their existence. Above this threshold, a firm is visible to all and the highest quality attracts all consumers. In equilibrium, firms do not choose

Lancaster: Lancaster University Management School, 2019, 31 S.
(Economics Working Paper Series ; 18)
| Renaud Foucart, Jana Friedrichsen
Brown Bag Seminar Cluster Industrial Economics

Decomposing Trust

Abstract:  Trust is thought to be an important driver of economic growth and other economic outcomes. Previous studies suggest that trust may be a combination of risk attitudes, distributional preferences, betrayal aversion, and beliefs about the probability of being reciprocated. We compare the results of a binary trust game to the results of a series of control treatments that remove the

28.02.2020| Jana Friedrichsen
Externe referierte Aufsätze

The Effect of Peer Observation on Consumption Choices: Evidence from a Lab-In-Field Experiment

We investigate the impact of peer observation on consumption decisions using a lab-in-field experiment. Respondents make consumption decisions either alone or under peer observation. We find evidence for peer effects. We are able to study these further by looking into the mechanism and performing detailed heterogeneity analysis. Concerning the mechanisms, we find evidence for an information

In: Applied Economics 51 (2019), 55, S. 5937-5951 | Antonia Grohmann, Sahra Sakha
Brown Bag Seminar Cluster Industrial Economics

Consumer Rating Dynamics

(joint with André Stenzel and Peter Schmidt) We consider dynamic price-setting in the presence of rating systems and asymmetric information about product quality. We provide a framework in which the price charged determines the characteristics of purchasing consumers. The price has two effects on future ratings: (i) a direct price effect on reviews, and (ii) an indirect selection effect

28.06.2019| Christoph Wolf
DIW Roundup 130 / 2019

Do Default Assignments Increase Savings of the Poor? Empirical Evidence

Although households in developing and emerging countries are relatively poor, there is potential to save. For example, one study estimates that up to 8.1% of a poor household’s budget in such countries is spent on so-called temptation goods, like alcohol, tobacco, and festivals (Banerjee and Duflo, 2007). At the same time, many households are aware of the fact that they do not save enough. They

2019| Eva Haaser, Melanie Koch
Berlin IO Day

The 12th Berlin IO Day

The Berlin IO Day is a one-day workshop sponsored by the Berlin Centre for Consumer Policies (BCCP) and supported by the Berlin's leading academic institutions, including DIW Berlin, ESMT Berlin, Humboldt-Universität zu Berlin, and Technische Universität Berlin. The aim is to create an international forum for high quality research in Industrial Organization in the heart of Berlin, one of

20.09.2019
Workshop

Eating Meat 2019 - Determinants, consequences and interventions

The goal of this workshop is to bring together scholars from the social sciences working on the various aspects of human consumption of animal products. We want to engage in a discussion about what we know and do not know about the consumption of meat and dairy, its economic and environmental consequences, as well as possible ways to design effective interventions. Topics include, but are not

08.10.2019
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