Browsing Harbaugh, Bill by Author "Vesterlund, Lise"

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  • The Carrot or the Stick: Rewards, Punishments, and Cooperation 
    Andreoni, James; Harbaugh, William; Vesterlund, Lise (University of Oregon, Dept. of Economics, 2002-08-20)
    We examine rewards and punishments in a simple proposer-responder game. The proposer first makes an offer to split a fixed-sized pie. According to the 2×2 design, the responder is or is not given a costly option of increasing ...
  • Prospect Theory in Choice and Pricing Tasks 
    Harbaugh, William; Krause, Kate; Vesterlund, Lise (University of Oregon, Dept. of Economics, 2002-07-20)
    The most distinctive prediction of prospect theory is the fourfold pattern (FFP) of risk attitudes. People are said to be (1) risk-seeking over low-probability gains, (2) risk-averse over low-probability losses, (3) ...
  • Risk Attitudes of Children and Adults : Choices over Small and Large Probability Gains and Losses 
    Harbaugh, William; Krause, Kate; Vesterlund, Lise (2001-11-05)
    In this paper we examine how risk attitudes change with age. We present participants from age 5 to 64 with choices between simple gambles and the expected value of the gambles. The gambles are over both gains and losses, ...
  • Trust in Children 
    Liday, Steven G.; Vesterlund, Lise; Harbaugh, William; Krause, Kate (University of Oregon, Dept. of Economics, 2002-03-22)
    In this paper we study trust/reciprocity behavior in children ages eight to eighteen using an augmented version of Berg et al.â s (1995) trust game. This study is intended to inspect and reveal when certain aspects of ...

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