Recent experimental studies suggest that risk aversion is negatively related to cognitive ability. In this paper we report evidence that this relation might be spurious. We recruit a large subject pool drawn from the general Danish population for our experiment. By presenting subjects with choice tasks that vary the bias induced by random choices, we are able to generate both negative and posit...

An extensive literature demonstrates the existence of framing effects in the laboratory and in questionnaire studies. This paper reports new evidence from a natural field experiment using a subject pool one may consider as particularly resistant to such effects: experimental economists. We find that while the behaviour of junior experimental economists is affected by the description of the deci...

In the study we conducted a meta-analysis of 24 results drawn from 18 papers in the Voluntary Contribution Mechanism public goods game held in two culturally distant regions, namely US and East Asia. We compared the last round contribution rate from the two regions for both 0.5-MPCR and 0.75-MPCR levels as well as the trend and each round’s contribution rate specifically for the 0.75-MPCR level...

An extensive literature demonstrates the existence of framing effects in the laboratory and in questionnaire studies. This paper reports new evidence from a natural field experiment using a subject pool one may consider as particularly resistant to such effects: experimental economists. We find that while the behaviour of junior experimental economists is affected by the description of the deci...

Decision-makers in coordination problems often impose negative externalities on non-decision-making third parties. This thesis investigates whether the introduction of pre-play communication in such coordination problems can work to alleviate such negative externalities, consequently increasing group welfare. Unlike previous studies, we find no significant effect following the introduction of c...

The domain of education, like many institutions in contemporary society, faces significant challenges to the completion of its mission. This is especially true of higher education, which in many countries faces increasing expectations that it serves as a driver facilitating social and cultural advancement. New modes of inclusive delivery need to be tested with real students, new curriculum appr...