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In this paper, we report an experimental investigation of the effect of framing on social preferences, as revealed in a one-shot linear public goods game. We use two indicators to measure social preferences: self-reported emotional responses; and, as a behavioural indicator of disapproval,...
Persistent link: https://www.econbiz.de/10003675323
Psychological game theory can provide a rational choice explanation of framing effects; frames influence beliefs, and beliefs influence motivations. We explain this point theoretically, and explore its empirical relevance experimentally. In a 2×2-factorial framing design of one-shot public good...
Persistent link: https://www.econbiz.de/10003385854
We study the relative effectiveness of contracts that are framed either in terms of bonuses or penalties. In one set of treatments subjects know at the time of effort provision whether they have achieved the bonus / avoided the penalty. In another set of treatments subjects only learn the...
Persistent link: https://www.econbiz.de/10011434361
Psychological game theory can provide rational-choice-based framing effects; frames influence beliefs, beliefs influence motivations. We explain this theoretically and explore empirical relevance experimentally. In a 2×2 design of one-shot public good games we show that frames affect subject's...
Persistent link: https://www.econbiz.de/10008699706
, the nature, causes and implications of the phenomenon for economic theory remain unclear. We present a new experiment … cognition (likelihood representation and memory). Our design permits model-free and model-mediated tests for these mechanisms …
Persistent link: https://www.econbiz.de/10012242996
-nudge interventions worked. A follow-up experiment reveals the reason for these convincing null-effects: the information norm-nudges did …
Persistent link: https://www.econbiz.de/10012131678
Persistent link: https://www.econbiz.de/10003454075
large sample of auto buyers using an experiment which allows us to measure loss aversion, at the individual level for …
Persistent link: https://www.econbiz.de/10003289075
Persistent link: https://www.econbiz.de/10003225850
another. This implies that the composition of income or wealth is irrelevant for consumption. We find in a field experiment … of their budget, subjects change consumption according to the label. A controlled laboratory experiment confirms this … Bracketing ; Field Experiment ; Laboratory Experiment …
Persistent link: https://www.econbiz.de/10008699736