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Individual and Developmental Differences in the Relationship of Preferences and Theory of Mind

Leipold, Kristina; Vetter, Nora C.; Dittrich, Marcus; … - CESifo - 2012

Theory of mind and individual preferences are important determinants in social decision making. The current study examined in a large sample whether being a cooperative preference type is related with better theory of mind skills. Furthermore, by testing adolescents and adults, we examined the...

Persistent link: https://www.econbiz.de/10010877849

Peer Effects in Risk Taking

Lahno, Amrei M.; Serra-Garcia, Marta - CESifo - 2012

We examine peer effects in risk taking with complete information and compare explanations for peer effects based on relative payoff concerns to explanations that allow peer choices to matter. We vary experimentally whether individuals can condition a simple lottery choice on the lottery choice,...

Persistent link: https://www.econbiz.de/10010739341

Bracelets of Pride and Guilt? An Experimental Test of Self-Signaling in Charitable Giving

Weele, Joël J. van der; Siemens, Ferdinand von - CESifo - 2014

Self-signaling theory argues that individuals partly behave prosocially to create or uphold a favorable self-image. To study self-signaling theory, we investigate whether increasing self-image concerns affects charitable giving. In our experiment subjects divide 20 euros between themselves and a...

Persistent link: https://www.econbiz.de/10010747212

Correlation Neglect in Belief Formation

Enke, Benjamin; Zimmermann, Florian - CESifo - 2013

learning. …

Persistent link: https://www.econbiz.de/10010718532

Bounded Rationality and Voting Decisions Exploring a 160-Year Period

Stadelmann, David; Torgler, Benno - CESifo - 2012

Using a natural voting experiment in Switzerland that encompasses a 160-year period (1848–2009), we investigate whether a higher level of complexity leads to increased reliance on expert knowledge. We find that when more referenda are held on the same day, constituents are more likely to refer...

Persistent link: https://www.econbiz.de/10010568471

Optimal Monetary Policy when Agents are Learning

Molnár, Krisztina; Santoro, Sergio - CESifo - 2010

We derive the optimal monetary policy in a sticky price model when private agents follow adaptive learning. We show … order to facilitate private sector learning and thus ease the future intratemporal inflation-output gap trade-offs. The … policy recommendation is robust: the welfare loss entailed by the optimal policy under learning if the private sector …

Persistent link: https://www.econbiz.de/10008596587

Compliance Dynamics Generated by Social Interaction Rules

Lipatov, Vilen - CESifo - 2014

We study compliance dynamics generated by a large set of behavioral rules describing social interaction in a population of agents facing an enforcement authority. When the authority adjusts the auditing probability every period, cycling in cheating-auditing occurs: Intensive monitoring induces...

Persistent link: https://www.econbiz.de/10010764298