1,333 research outputs found

    The impact of relative position and returns on sacrifice and reciprocity: an experimental study using individual decisions

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    We present a comprehensive experimental design that makes it possible to characterize other-regarding preferences and their relationship to the decision maker’s relative position. Participants are faced with a large number of decisions involving variations in the trade-offs between own and other’s payoffs, as well as in other potentially important factors like the decision maker’s relative position. We find that: (1) choices are responsive to the cost of helping and hurting others; (2) The weight a decision maker places on others’ monetary payoffs depends on whether the decision maker is in an advantageous or disadvantageous relative position; and (3) We find no evidence of reciprocity of the type linked to menu-dependence. The results of a mixture-model estimation show considerable heterogeneity in subjects’ motivations and confirm the absence of reciprocal motives. Pure selfish behavior is the most frequently observed behavior. Among the subjects exhibiting social preferences, social-welfare maximization is the most frequent, followed by inequality-aversion and by competitiveness

    Paradoxes and Mechanisms for Choice under Risk

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    Experiments on choice under risk typically involve multiple decisions by individual subjects. The choice of mechanism for selecting decision(s) for payoff is an essential design feature unless subjects isolate each one of the multiple decisions. We report treatments with different payoff mechanisms but the same decision tasks. The data show large differences across mechanisms in subjects’ revealed risk preferences, a clear violation of isolation. We illustrate the importance of these mechanism effects by identifying their implications for classical tests of theories of decision under risk. We discuss theoretical properties of commonly used mechanisms, and new mechanisms introduced herein, in order to clarify which mechanisms are theoretically incentive compatible for which theories. We identify behavioral properties of some mechanisms that can introduce bias in elicited risk preferences – from cross-task contamination – even when the mechanism used is theoretically incentive compatible. We explain that selection of a payoff mechanism is an important component of experimental design in many topic areas including social preferences, public goods, bargaining, and choice under uncertainty and ambiguity as well as experiments on decisions under risk

    Social Preferences and the Efficiency of Bilateral Exchange

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    Under what conditions do social preferences, such as altruism or a concern for fair outcomes, generate efficient trade? I analyze theoretically a simple bilateral exchange game: Each player sequentially takes an action that reduces his own material payoff but increases the other player’s. Each player’s preferences may depend on both his/her own material payoff and the other player’s. I identify necessary conditions and sufficient conditions on the players’ preferences for the outcome of their interaction to be Pareto efficient. The results have implications for interpreting the rotten kid theorem, gift exchange in the laboratory, and gift exchange in the field

    ALMA observations of lensed Herschel sources: testing the dark matter halo paradigm

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    With the advent of wide-area submillimetre surveys, a large number of high-redshift gravitationally lensed dusty star-forming galaxies have been revealed. Because of the simplicity of the selection criteria for candidate lensed sources in such surveys, identified as those with S500 μm > 100 mJy, uncertainties associated with the modelling of the selection function are expunged. The combination of these attributes makes submillimetre surveys ideal for the study of strong lens statistics. We carried out a pilot study of the lensing statistics of submillimetre-selected sources by making observations with the Atacama Large Millimeter Array (ALMA) of a sample of strongly lensed sources selected from surveys carried out with the Herschel Space Observatory. We attempted to reproduce the distribution of image separations for the lensed sources using a halo mass function taken from a numerical simulation that contains both dark matter and baryons. We used three different density distributions, one based on analytical fits to the haloes formed in the EAGLE simulation and two density distributions [Singular Isothermal Sphere (SIS) and SISSA] that have been used before in lensing studies. We found that we could reproduce the observed distribution with all three density distributions, as long as we imposed an upper mass transition of ∼1013 M⊙ for the SIS and SISSA models, above which we assumed that the density distribution could be represented by a Navarro–Frenk–White profile. We show that we would need a sample of ∼500 lensed sources to distinguish between the density distributions, which is practical given the predicted number of lensed sources in the Herschel surveys

    Radio Continuum Imaging of High Redshift Radio Galaxies

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    We present sensitive radio continuum images at high resolution of 37 radio galaxies at z > 2. The observations were made with the Very Large Array (VLA) at 4.7 GHz and 8.2 GHz, with typical resolutions of 0.45'' and 0.25'', respectively. Images of total and polarized intensity, and spectral index, are presented. Values for total and polarized intensity, and values of rotation measures, are tabulated for the hot spots in each source. The positions of the radio nuclei are tabulated, along with a variety of other source parameters. Analysis of the polarization data reveals large rotation measures (RMs) towards six sources. We argue that the RMs are due to magnetized, ionized gas local to the radio sources. The magnitude of the RMs are in excess of 1000 rad/m/m (rest frame) for these sources. Drawing an analogy to a class of lower redshift radio galaxies with extreme RMs, we speculate that these sources may be at the centers of dense, X-ray emitting cluster atmospheres.Comment: ApJ (Supplement) (paper no. 33814

    Search for Large Extra Spatial Dimensions in Dimuon Production with the D0 Detector

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    We present the results of a search for the effects of large extra spatial dimensions in ppˉp{\bar p} collisions at s=\sqrt{s} = 1.96 TeV in events containing a pair of energetic muons. The data correspond to 246 \ipb of integrated luminosity collected by the \D0 experiment at the Fermilab Tevatron Collider. Good agreement with the expected background was found, yielding no evidence for large extra dimensions. We set 95% C.L. lower limits on the fundamental Planck scale between 0.85 TeV and 1.27 TeV within several formalisms. These are the most stringent limits achieved in the dimuon channel to date.Comment: 8 pages, 3 figures, 1 table. Published in Phys. Rev. Lett. Minor changes in v2 to match the published versio

    Search for right-handed W bosons in top quark decay

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    We present a measurement of the fraction f+ of right-handed W bosons produced in top quark decays, based on a candidate sample of ttˉt\bar{t} events in the lepton+jets decay mode. These data correspond to an integrated luminosity of 230pb^-1, collected by the DO detector at the Fermilab Tevatron ppˉp\bar{p} Collider at sqrt(s)=1.96 TeV. We use a constrained fit to reconstruct the kinematics of the ttˉt\bar{t} and decay products, which allows for the measurement of the leptonic decay angle θ\theta^* for each event. By comparing the cosθ\cos\theta^* distribution from the data with those for the expected background and signal for various values of f+, we find f+=0.00+-0.13(stat)+-0.07(syst). This measurement is consistent with the standard model prediction of f+=3.6x10^-4.Comment: Submitted to Physical Review D Rapid Communications 7 pages, 3 figure

    Measurement of the Lifetime Difference in the B_s^0 System

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    We present a study of the decay B_s^0 -> J/psi phi We obtain the CP-odd fraction in the final state at time zero, R_perp = 0.16 +/- 0.10 (stat) +/- 0.02 (syst), the average lifetime of the (B_s, B_sbar) system, tau (B_s^0) =1.39^{+0.13}_{-0.16} (stat) ^{+0.01}_{-0.02} (syst) ps, and the relative width difference between the heavy and light mass eigenstates, Delta Gamma/Gamma = (Gamma_L - Gamma_H)/Gamma =0.24^{+0.28}_{-0.38} (stat) ^{+0.03}_{-0.04} (syst). With the additional constraint from the world average of the B_s^0$lifetime measurements using semileptonic decays, we find tau (B_s^0)= 1.39 +/- 0.06 ~ps and Delta Gamma/\Gamma = 0.25^{+0.14}_{-0.15}. For the ratio of the B_s^0 and B^0 lifetimes we obtain tau(B_s^0)/tau(B^0)} = 0.91 +/- 0.09 (stat) +/- 0.003 (syst).Comment: submitted to Phys. Rev. Lett. FERMILAB-PUB-05-324-
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