Showing 1 - 10 of 16
Extant research provides vast information on antecedents to creativity. However, creative thinking is oftentimes treated as a black box, requiring input and producing creative output. Cognitive processes occurring during creative thinking tend to be neglected, although they can provide a bridge...
Persistent link: https://www.econbiz.de/10014503378
This paper seeks to explain the evolution of human systems of exchange through the emergence of both fundamental forms of organization (such as firms and markets) and specific instances of organization (such as individual firms and other economic or social entities) for engaging in exchange. We...
Persistent link: https://www.econbiz.de/10010318225
Economists are increasingly interested in the cognitive basis of pro-social behavior. Using response time data, several authors have claimed that "fairness is intuitive". In light of conflicting empirical evidence, we provide theoretical arguments showing under which circumstances an increase...
Persistent link: https://www.econbiz.de/10011688293
Evidence from response time studies and time pressure experiments has led several authors to conclude that "fairness is intuitive". In light of conflicting findings we provide theoretical arguments showing under which conditions an increase in "fairness' due to time pressure indeed provides...
Persistent link: https://www.econbiz.de/10012141434
(from the introduction) Intuition and affect have been neglected topics in the literature on human judgment and decision making for a long time. Judgmental processes involved in risk perception and decision making have traditionally been conceptualized as cognitive in nature, being based upon a...
Persistent link: https://www.econbiz.de/10005000612
Consumers often have to decide whether to go to a remote store for a lower price. Only the absolute price difference between the stores should be relevant in this case, but several experiments showed that people exhibit "relative thinking": they are affected also by the relative savings...
Persistent link: https://www.econbiz.de/10005837411
The use of computers as writing instruments has not only had a profound effect on the writing practice and the attitudes towards writing, it has also created new possibilities for writing research. In the field of cognitive writing research especially, keystroke logging programs have become very...
Persistent link: https://www.econbiz.de/10005350878
Today's global markets have brought a new definition of the concept of loyalty. If a customer enjoys a continuous purchasing experience with a single supplier, he will develop a behavioural pattern, known as a 'shopping script', which may reduce his cognitive effort and optimise purchasing...
Persistent link: https://www.econbiz.de/10010568475
We study learning in a bandit problem where the outcome probabilities of six arms switch (jump) over time a restless bandit. In the experiment, optimal Bayesian learning tracks the jumps through learning of the probability of a jump or direct jump detection and, once a jump has occurred,...
Persistent link: https://www.econbiz.de/10008922911
The causes of everyday errors made by most people remain largely unknown. In order to investigate spontaneous lapses in attentional processing a new task was designed. This task creates an increased attentional load because it is based on impeded decision making involving both stimuli feature...
Persistent link: https://www.econbiz.de/10010720520