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nothing) or the highest level of punishment (destroyeverything). (4) Expectations have a significant effect on the …
Persistent link: https://www.econbiz.de/10011255559
-report measures were related to destruction decisions and expectations. The pattern of emotional arousal and its correlation with self …
Persistent link: https://www.econbiz.de/10011256599
understand what to expect from the inclusion of personality variables in their models and experiments, and where further research …
Persistent link: https://www.econbiz.de/10011256055
widely studied using either simulations or laboratory experiments. Simulations can show the dynamics of aggregate behavior …, but the results of such simulations depend on the type of strategies used. So far experiments provided little guidance on …
Persistent link: https://www.econbiz.de/10011256405
While most papers_new on team decision-making find teams to behave more selfish, less trusting and less altruistic than individuals, Cason and Mui (1997) report that teams are more altruistic than individuals in a dictator game. Using a within-subjects design we re-examine group polarization by...
Persistent link: https://www.econbiz.de/10011256730
The way in which individual expectations shape aggregate macroeconomic variables is crucial for the transmission and … effectiveness of monetary policy. We study the individual expectations formation process and the interaction with monetary policy …, within a standard New Keynesian model, by means of laboratory experiments with human subjects. Three aggregate outcomes are …
Persistent link: https://www.econbiz.de/10011257145
Earlier studies on scheduling behavior have mostly ignored that consumers have more flexibility to adjust their schedule in the long run than in the short run. We introduce the distinction between long-run choices of travel routines and short-run choices of departure times, using data from a...
Persistent link: https://www.econbiz.de/10011256935
the foreign country. In stark contrast with expectations of experts the sales tax system clearly outperforms the wage tax …
Persistent link: https://www.econbiz.de/10011256796
We examine factors that may contribute to 'overconfidence' in relative ability on an intelligence test. We test experimentally for evidence of self-esteem concerns and instrumental strategic concerns. Errors in Bayesian updating are rare when the information does not involve own relative...
Persistent link: https://www.econbiz.de/10011255502
adaptation levels relate to less positive emotions and less optimistic expectations about future price changes. The actual …. The adaptation level, by contrast, affects the actual investment decision indirectly via its impact on expectations. …
Persistent link: https://www.econbiz.de/10011257429