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Decision and strategies in a sequential search experiment

Sonnemans, Joep - 1997

works in anindividual decision experiment. Subjects are faced with a sequentialsearch problem. After extensive practice …

Persistent link: https://www.econbiz.de/10011283474

Does decentralization of decisions increase the stability of large groups?

Bjedov, Tjaša; Lapointe, Simon; Madiès, Thierry; … - 2018

Using a laboratory experiment with nested local and global public goods, we analyze the stability of global groups when … individuals have the option to separate, according to the degree of decentralization of decision-making. We show that increasing …

Persistent link: https://www.econbiz.de/10011803271

No need for more time : intertemporal allocation decisions under time pressure

Lindner, Florian; Rose, Julia - 2016

situations are characterized by a very short time frame for decision making. Preferences are potentially susceptible to the … confounding effects of time pressure, as proposed by dual-systems theory (Evans, 2006; Kahneman and Frederick, 2002). Results of …. Embedding our results in dual-systems theory, how information is presented can serve as a potential means to exogenously …

Persistent link: https://www.econbiz.de/10011523286

Incentives and the allocation of effort over time : the joint role of affective and cognitive decision making

Goette, Lorenz (contributor); Huffman, David (contributor) - 2006

We use natural experiments plausibly exogenous, anticipated increases in the piece rate to study how effort responds to incentives. Our first finding, like some previous studies, lends little support to the view that incentives increase effort: raising the piece rate has zero effect on total...