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The importance of relative performance feedback information: Evidence from a natural experiment using high school students

Azmat, Ghazala; Iriberri, Nagore - Department of Economics and Business, Universitat … - 2009

rewarded according to their absolute performance. A natural experiment that took place in a high school offers an unusual …

Persistent link: https://www.econbiz.de/10005078609

The provision of relative performance feedback information: An experimental analysis of performance and happiness

Azmat, Ghazala; Iriberri, Nagore - Department of Economics and Business, Universitat … - 2010

This paper studies the effect of providing relative performance feedback information on individual performance and on individual affective response, when agents are rewarded according to their absolute performance. In a laboratory set-up, agents perform a real effort task and when receiving...

Persistent link: https://www.econbiz.de/10008466064

Insurance and safety after September 11, 2001: Coming to grips with the costs and threats of terrorism

Hogarth, Robin - Department of Economics and Business, Universitat … - 2002

This chapter, originally written as a consequence of the terrorist attacks of September 11, 2001, provides an elementary, everyday introduction to the concepts of risk and insurance. Conceptually, risk has two dimensions: a potential loss, and the chance of that loss being realized. People can,...

Persistent link: https://www.econbiz.de/10005772000

Deciding analytically or trusting your intuition? The advantadges and disadvantadges of analytic and intuitive thought

Hogarth, Robin - Department of Economics and Business, Universitat … - 2002

Recent research has highlighted the notion that people can make judgments and choices by means of two systems that are labeled here tacit (or intuitive) and deliberate (or analytic). Whereas most decisions typically involve both systems, this chapter examines the conditions under which each...

Persistent link: https://www.econbiz.de/10005772107

Ignoring information in binary choice with continuous variables: When is less 'more'?

Hogarth, Robin; Karelaia, Natalia - Department of Economics and Business, Universitat … - 2004

-reason” decision making can be more effective than analyses that use more information. We thus provide analytical backing to intriguing …

Persistent link: https://www.econbiz.de/10005772123

Regions of rationality: Maps for bounded agents

Hogarth, Robin; Karelaia, Natalia - Department of Economics and Business, Universitat … - 2005

An important problem in descriptive and prescriptive research in decision making is to identify “regions of rationality … regions (e.g., if there is low inter-correlation among attributes/cues). Since our work assumes a “hit or miss” decision …

Persistent link: https://www.econbiz.de/10005772221

On heuristic and linear models of judgment: Mapping the demand for knowledge

Hogarth, Robin; Karelaia, Natalia - Department of Economics and Business, Universitat … - 2006

Research on judgment and decision making presents a confusing picture of human abilities. For example, much research … premise that understanding human performance requires specifying how characteristics of the decision rules people use interact …

Persistent link: https://www.econbiz.de/10005772356

Is confidence in decisions related to feedback? Evidence-and lack of evidence-from random samples of real-world managerial behavior?

Hogarth, Robin - Department of Economics and Business, Universitat … - 2003

Confidence in decision making is an important dimension of managerial behavior. However, what is the relation between … explore this and related issues in the context of everyday decision making, use was made of the ESM (Experience Sampling … their current decision making activities. Issues considered here include differences between the types of decisions faced by …

Persistent link: https://www.econbiz.de/10005772371

Take-the-best and other simple strategies: Why and when they work 'well' in binary choice

Hogarth, Robin; Karelaia, Natalia - Department of Economics and Business, Universitat … - 2003

The effectiveness of decision rules depends on characteristics of both rules and environments. A theoretical analysis …

Persistent link: https://www.econbiz.de/10005772523

Simple models for multi-attribute choice with many alternatives: When it does and does not pay to face tradeoffs with binary attributes

Hogarth, Robin; Karelaia, Natalia - Department of Economics and Business, Universitat … - 2004

Working Paper no longer available. Please contact the author.

Persistent link: https://www.econbiz.de/10005772544