Croson, Rachel T. A.

Permanent URI for this collectionhttps://hdl.handle.net/10735.1/3064

Dr. Rachel Croson serves as Professor of Economics and of Organizations, Strategy, and International Management. She is also the director of The Negotiations Center. Her research interests include

  • Experimental Economics
  • Judgement and Decision Making
  • Bargaining and Negotiation

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Recent Submissions

Now showing 1 - 2 of 2
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    The Impact of Near-Miss Events on Betting Behavior: An Examination of Casino Rapid Roulette Play
    Sundali, J. A.; Safford, A. H.; Croson, Rachel T. A.; 0000 0003 5347 5280 (Croson, RTA); 2009104767‏ (Croson)
    We examine how almost winning in roulette affects subsequent betting behavior. Our main finding is heterogeneity in gambler behavior with some gamblers less likely to bet on numbers that were near misses on the prior spin and other gamblers more likely to bet on near miss numbers. Using a unique data set from the game rapid roulette, we model the likelihood of a gambler betting on a near miss number while controlling for the favorite number bias and the likelihood of a number being a near miss. We also find no evidence that near misses in roulette leads to gamblers extending the time spent gambling or to the placing of more bets.
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    The Stability of Social Preferences in a Low-Income Neighborhood
    De Oliveira, A. C. M.; Eckel, C.; Croson, Rachel T. A.; 0000 0003 5347 5280 (Croson, RTA); 2009104767‏ (Croson)
    We investigate whether social preferences are stable across contexts using a field population of low-income Americans. We develop and demonstrate a simplified, visually-based experimental methodology appropriate for this population. We show that choices in a laboratory public goods game predict giving in real donation experiments, as well as self-reported donations and volunteering outside the lab. At the same time, choices vary systematically by individual characteristics and decision context. Thus, our results provide evidence both for an underlying stable social preference and for the role of context in influencing the expression of that preference.

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