Now showing items 1-12 of 12

    • Belief Formation and Belief Updating under Ambiguity: Evidence from Experiments 

      Li, Wenhui; Wilde, Christian (2019-09-21)
      Decisions under ambiguity depend on both the belief regarding possible scenarios and the attitude towards ambiguity. This paper exclusively focuses on beliefs, measured independent from attitudes. We use laboratory experiments ...
    • Expl(AI)ned: The impact of explainable artificial intelligence on cognitive processes 

      Bauer, Kevin; Zahn, Moritzvon; Hinz, Oliver (2021-06-25)
      This paper explores the interplay of feature-based explainable AI (XAI) techniques, information processing, and human beliefs. Using a novel experimental protocol, we study the impact of providing users with explanations ...
    • FLEX 

      Unknown author
      FLEX – the Frankfurt Laboratory for Experimental Economic Research is a research center at the Faculty of Economics and Business at Goethe University in Frankfurt.
    • Incentives, self-selection, and coordination of motivated agents for the production of social goods 

      Bauer, Kevin; Kosfeld, Michael; von Siemens, Ferdinand (2021-07-24)
      We study, theoretically and empirically, the effects of incentives on the self-selection and coordination of motivated agents to produce a social good. Agents join teams where they allocate effort to either generate ...
    • Mirror, Mirror on the Wall: Machine Predictions and Self-Fulfilling Prophecies 

      Bauer, Kevin; Gill, Andrej (2021-04-20)
      We show that disclosing machine predictions to affected parties can trigger self-fulfilling prophecies. In an investment game, we experimentally vary investors’ and recipients’ access to a machine prediction about recipients’ ...
    • Motivated Beliefs and the Elderly's Compliance with COVID-19 Measures 

      von Siemens, Ferdinand (2021-01-26)
      Although the elderly are more vulnerable to COVID-19, the empirical evidence suggests that they do not behave more cautiously in the pandemic than younger individuals. This theoretical model argues that some individuals ...
    • Survey_ABHKP_2020 

      Unknown author
      We base our analyses on a rich data set that we collected in an incenitivzed field study over a period of three years between 2016 and 2019. Specifically, at the beginning of each semester, we invited first-semester economics ...
    • Survey_WP315_BZH_2021 

      Unknown author
      We collected this data in an incentivized field study that we conducted at a large German university over three years (2016–2019). Most important for the experiment at hand, the field study included an incentivized one-shot ...
    • The Economic Consequences of Algorithmic Discrimination: Theory and Empirical Evidence 

      Bauer, Kevin; Pfeuffer, Nicolas; Abdel-Karim, Benjamin M.; Hinz, Oliver; Kosfeld, Michael (2020-12-09)
      Using a novel theoretical framework and data from a comprehensive field study we conducted over a period of three years, we outline the causal effects of algorithmic discrimination on economic efficiency and social welfare ...
    • WP313_BG_exp1_2021 

      Unknown author
      A data set comprising 1397 distinct examples. We collected this data in an incentivized field study that we conducted at a large German university over three years (2016-2019) with first-semester economics students. Most ...
    • WP313_BG_exp2_2021 

      Unknown author
      In our experiment, participants engage in three subsequent one-shot investment games. Investors initially choose between keeping or investing 10 monetary units (MU) with recipients, who, in the case of investment, decide ...
    • WP318_BKvS_exp_2021 

      Unknown author
      By means of three treatments, we identify the causal effect of differences in monetary incentives on the production of social goods allowing for self-selection. The main structure of the experiment is as follows: After ...