Outputs (4)

Improving intergroup relations through actual and imagined contact: Field experiments with Malawian shopkeepers and Chinese migrants (2018)
Journal Article
Smyth, R., Gu, J., Mueller, A., Nielson, I., & Shachat, J. (2019). Improving intergroup relations through actual and imagined contact: Field experiments with Malawian shopkeepers and Chinese migrants. Economic Development and Cultural Change, 68(1), 273-303. https://doi.org/10.1086/700569

We examine the ability of intergroup contact to ameliorate intergroup relationship in an entrepreneurial and developing world context. Specifically, we provide a simple decision model of how an entrepreneur chooses to invest time to extend their prof... Read More about Improving intergroup relations through actual and imagined contact: Field experiments with Malawian shopkeepers and Chinese migrants.

Multiattribute Utility Theory, Intertemporal Utility and Correlation Aversion (2018)
Journal Article
Andersen, S., Harrison, G., Lau, M., & Rutström, E. (2018). Multiattribute Utility Theory, Intertemporal Utility and Correlation Aversion. International Economic Review, 59(2), 537-555. https://doi.org/10.1111/iere.12279

Convenient assumptions about qualitative properties of the intertemporal utility function have generated counter-intuitive implications for the relationship between atemporal risk aversion and the intertemporal elasticity of substitution. If the inte... Read More about Multiattribute Utility Theory, Intertemporal Utility and Correlation Aversion.

A laboratory experiment on the heuristic switching model (2018)
Journal Article
Anufriev, M., Chernulich, A., & Tuinstra, J. (2018). A laboratory experiment on the heuristic switching model. Journal of Economic Dynamics and Control, 91, 21-42. https://doi.org/10.1016/j.jedc.2018.04.004

We present results from the first laboratory experiment on the seminal heuristic switching model introduced by Brock and Hommes (1997, 1998). Subjects choose between two alternatives, a sophisticated and stabilizing, but costly, heuristic, and a dest... Read More about A laboratory experiment on the heuristic switching model.

Asset Integration and Attitudes Toward Risk: Theory and Evidence (2018)
Journal Article
Andersen, S., Cox, J. C., Harrison, G. W., Lau, M. I., Rutström, E., & Sadiraj, V. (2018). Asset Integration and Attitudes Toward Risk: Theory and Evidence. The Review of Economics and Statistics, 100(5), 816-830. https://doi.org/10.1162/rest_a_00719

We provide evidence that choices over small stakes bets are consistent with assumptions of some payoff calibration paradoxes. We then exploit the existence of detailed information on individual wealth of our experimental subjects in Denmark, and dire... Read More about Asset Integration and Attitudes Toward Risk: Theory and Evidence.