Matching subsidies and voluntary contributions: A review

This paper provides a synthesis of the experimental literature on matching subsidies in the context of charitable giving. We classify results according to four different outcome variables frequently considered in the literature and address (i) short-term effects of linear matching, (ii) the role of the matching rate, (iii) context-dependence of behavioural responses, (iv) the relevance of the price of giving, (v) long-term effects and (vi) nonlinear matching schemes. Based on this comprehensive review, we highlight several avenues for future research, such as putting stronger emphasis on competition in fundraising, long-term effects or heterogeneity in responses

Thar SHE Blows? Gender, Competition, and Bubbles in Experimental Asset Markets

Contains fulltext : 138688.pdf (publisher's version ) (Closed access) Contains fulltext : 138688-a.pdf (author's version ) (Open Access)Do women and men behave differently in financial asset markets? Our results from an asset market experiment using the Smith, Suchaneck, and Williams (1988) framework show marked gender difference in producing speculative price bubbles. Using 35 markets from different studies, a meta-analysis confirms the inverse relationship between the magnitude of price bubbles and the frequency of female traders in the market. Women’s price forecasts also are much lower, even in the first period. Additional analysis shows the results are not due to differences in risk aversion, personality, or math skills. Implications for financial markets and experimental methodology are discussed.15 p

Hidden vs. known gender effects in experimental asset markets

Contains fulltext : 176714.pdf (publisher's version ) (Closed access)Eckel and Füllbrunn (2015) report a striking gender effect in experimental asset markets: Markets with only men produce substantial price bubbles while markets with only women sometimes produce negative bubbles. A possible explanation might be that common expectations about the behavior of men and women in a market drive the bubble formation. If we take away these common expectations, male/female differences might be reduced. Hence, we reran this experiment hiding the single-sex composition of the markets. We find no significant difference between all-male and all-female markets, providing evidence that common expectations play a role in bubble formation

Gender, Financial Risk, and Probability Weights

Women are commonly stereotyped as more risk averse than men in financial decision making. In this paper we examine whether this stereotype reflects gender differences in actual risk-taking behavior by means of a laboratory experiment with monetary incentives. Gender differences in risk taking may be due to differences in valuations of outcomes or in probability weights. The results of our experiment indicate that value functions do not differ significantly between men and women. Men and women differ in their probability weighting schemes, however. In general, women tend to be less sensitive to probability changes. They also tend to underestimate large probabilities of gains more strongly than do men. This effect is particularly pronounced when the decisions are framed in investment terms. As a result, women appear to be more risk averse than men in specific circumstances. Copyright Springer 2006gender differences, risk aversion, financial decision making, prospect theory, probability weighting function,

The convergence between for-profit and nonprofit hospitals in the United States

Nonprofit hospitals, Mixed ownership equilibrium, Convergence, L11, L13, L25, L31, L44, I11, I18,