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dc.contributor.authorCleave, Blair L.en
dc.contributor.authorNikiforakis, Nikosen
dc.contributor.authorSlonim, Roberten
dc.date.accessioned2011-07-15-
dc.date.accessioned2011-11-23T11:34:08Z-
dc.date.available2011-11-23T11:34:08Z-
dc.date.issued2011-
dc.identifier.piurn:nbn:de:101:1-201104113615en
dc.identifier.urihttp://hdl.handle.net/10419/51734-
dc.description.abstractLaboratory experiments are frequently used to examine the nature of individual preferences and inform economic theory. However, it is unknown whether the preferences of volunteer participants are representative of the population from which the participants are drawn or whether they differ due to selection bias. We examine whether the social and risk preferences of participants in a laboratory experiment represent the preferences of the population from which they are recruited. To answer this question, we measured the preferences of 1,173 students in a classroom experiment. Separately, we invited all students to participate in a laboratory experiment. We find that the social and risk preferences of students who attend the laboratory experiment do not differ significantly from the preferences of the population from which they were recruited. Moreover, participation decisions based on social and risk preferences do not differ significantly across most subgroups, with the exception that female participants are on average less risk averse than female non-participants, and male participants are more risk averse than male non-participants.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x5488en
dc.subject.jelC90en
dc.subject.jelD03en
dc.subject.ddc330en
dc.subject.keywordselection biasen
dc.subject.keywordlaboratory experimentsen
dc.subject.keywordexternal validityen
dc.subject.keywordsocial preferencesen
dc.subject.keywordrisk preferencesen
dc.subject.stwRisikopräferenzen
dc.subject.stwPräferenztheorieen
dc.subject.stwTesten
dc.titleIs there selection bias in laboratory experiments? The case of social and risk preferences-
dc.typeWorking Paperen
dc.identifier.ppn664283292en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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