The importance of individual characteristics in experimental economic research

Fooken, Jonas (2013) The importance of individual characteristics in experimental economic research. PhD thesis, Queensland University of Technology.


This thesis advances the knowledge of behavioural economics on the importance of individual characteristics – such as gender, personality or culture – for choices relevant to labour and insurance markets. It does so using economic experiments, survey tools and physiological data, collected in economic laboratories and in the field. More specifically, the thesis includes 5 experimental economic studies investigating individual-specific characteristics (gender, age, personality, cultural background) in decisions influenced by risk attitudes and social preferences. One of these characteristics is the physiological state of decision-makers, measured by heart rate variability. The results show that individual-specific characteristics play an important role for choices affected by social preferences, a finding to a lesser degree observable for risk preferences. This finding is confirmed under revealed incentivised choices and when studying (latent) physiological responses of decision-makers.

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226 since deposited on 17 Jun 2013
20 in the past twelve months

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ID Code: 60807
Item Type: QUT Thesis (PhD)
Supervisor: Dulleck, Uwe & Torgler, Benno
Keywords: risk preferences, elicitation methods, physiological measures, personality traits, dilemma decision, labour market discrimination, artefactual field experiment, migration, intercultural interaction, exam
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Economics & Finance
Institution: Queensland University of Technology
Deposited On: 17 Jun 2013 08:02
Last Modified: 02 Sep 2015 09:56

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