Showing 1 - 10 of 876
feasible set of experiments. Receiver observes the realization of this experiment and chooses an action. We characterize …We introduce experimental persuasion between Sender and Receiver. Sender chooses an experiment to perform from a … the experiment. Our model includes Bayesian persuasion as the special case in which every experiment is feasible; however …
Persistent link: https://www.econbiz.de/10012618374
Economists have been theorizing that other-regarding preferences influence decision making. Yet, what are the corresponding psychological mechanisms that inform these preferences in laboratory games? Empathy and Theory of Mind (ToM) are dispositions considered to be essential in social...
Persistent link: https://www.econbiz.de/10003980496
Can differences in cognitive reflection explain other-regarding behavior? To test this, I use the three-item Cognitive Reflection Task to classify individuals as intuitive or reflective and correlate this measure with choices in three games that each subject participates in. The main sample...
Persistent link: https://www.econbiz.de/10012431890
This dissertation addresses human decision making in justice-related contexts. Experiments involving second and third … party fairness situations as well as consumer psychological contexts show how people care about justice. Further, individual … difference measures (justice sensitivity) help to distentangle stable and fragile fairness concerns of individuals. The results …
Persistent link: https://www.econbiz.de/10008842544
Persistent link: https://www.econbiz.de/10014429999
We explore the influence of cognitive ability and judgment on strategic behavior in the beauty contest game (where the Nash equilibrium action is zero). Using the level-k model of bounded rationality, cognitive ability and judgment both predict higher level strategic thinking. However,...
Persistent link: https://www.econbiz.de/10014584425
Persistent link: https://www.econbiz.de/10015073365
Persistent link: https://www.econbiz.de/10009579384
We analyze and evaluate the different decision rules describing the Council of Ministers of the EU starting from 1958 up to date. Most of the existing studies use the Banzhaf index (for binary voting) or the Shapley-Shubik index (for distributive politics). We argue in favor of the nucleolus as...
Persistent link: https://www.econbiz.de/10014184868
Persistent link: https://www.econbiz.de/10011396639