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Replication data for: A Structural Analysis of Disappointment Aversion in a Real Effort Competition

Version
1
Resource Type
Dataset
Creator
  • Gill, David
  • Prowse, Victoria
Publication Date
2012-02-01
Description
  • Abstract

    We develop a novel computerized real effort task, based on moving sliders across a screen, to test experimentally whether agents are disappointment averse when they compete in a real effort sequential-move tournament. We predict that a disappointment averse agent, who is loss averse around her endogenous choice-acclimating expectations-based reference point, responds negatively to her rival's effort. We find significant evidence for this discouragement effect, and use the Method of Simulated Moments to estimate the strength of disappointment aversion on average and the heterogeneity in disappointment aversion across the population. (JEL C91, D12, D81, D84)
Availability
Download
Relations
  • Is supplement to
    DOI: 10.1257/aer.102.1.469 (Text)
Publications
  • Gill, David, and Victoria Prowse. “A Structural Analysis of Disappointment Aversion in a Real Effort Competition.” American Economic Review 102, no. 1 (February 2012): 469–503. https://doi.org/10.1257/aer.102.1.469.
    • ID: 10.1257/aer.102.1.469 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-11

Gill, David; Prowse, Victoria (2012): Replication data for: A Structural Analysis of Disappointment Aversion in a Real Effort Competition. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E112499V1