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Cross-Game Learning and Cognitive Ability in Auctions
Giebe, Thomas; Kocher, Martin G.; Schudy, Simeon; … - 2021
study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account cognitive skills … losses from high bids are more salient than in SPAs. Experience in FPAs causes substantial cross-game learning for … bid shading by cognitively more able participants, resulting in lower profits in FPAs. Thus, cross-game learning has the …
Persistent link: https://www.econbiz.de/10013314693
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From Helping Hand to Stumbling Block: The ChatGPT Paradox in Competency Experiment
Kim, Duk Gyoo; Moon, Ahram - 2024
We ran a controlled laboratory experiment to examine whether ChatGPT's aid can increase the participants' performance in three different—reading and writing, mathematical problem-solving, and computational thinking—tasks. We find that the math score significantly decreases with ChatGPT's...
Persistent link: https://www.econbiz.de/10014534450
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Bribing the Self
Gneezy, Uri; Saccardo, Silvia; Serra-Garcia, Marta; van … - 2020
privately evaluating the investments. Consistent with self-deception, learning about the incentive before evaluating the options …
Persistent link: https://www.econbiz.de/10012179864
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Audi Alteram Partem: An Experiment on Selective Exposure to Information
Montanari, Giovanni; Nunnari, Salvatore - 2023
We report the results of an experiment on selective exposure to information. A decision maker interested in learning …
Persistent link: https://www.econbiz.de/10014469435
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Deception Under Time Pressure: Conscious Decision or a Problem of Awareness?
Konrad, Kai A.; Lohse, Tim; Simon, Sven A. - 2017
Time is a crucial determinant of deception, since some misreporting opportunities come as a surprise and require an intuitive decision while others allow for extensive reflection time. To be able to pursue a deceptive strategy, however, a subject must be aware of the misreporting opportunity....
Persistent link: https://www.econbiz.de/10011744977
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Individual and developmental differences in the relationship of preferences and theory of mind
Leipold, Kristina; Vetter, Nora C.; Dittrich, Marcus; … - 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/10010291540
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Peer effects in risk taking
Lahno, Amrei M.; Serra-Garcia, Marta - 2012
This paper examines the effect of peers on individual risk taking. In the absence of informational motives, we investigate why social utility concerns may drive peer effects. We test for two main channels: utility from payoff differences and from conforming to the peer. We show experimentally...
Persistent link: https://www.econbiz.de/10010291567
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The (In)Elasticity of Moral Ignorance
Serra-Garcia, Marta - 2020
Ignorance enables individuals to act immorally. This is well known in policy circles, where there is keen interest in lowering moral ignorance. In this paper, we study the (in)elasticity of moral ignorance, with respect to monetary incentives, social norms messages and moral context. We propose...
Persistent link: https://www.econbiz.de/10012849807
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Limited Self-Knowledge and Survey Response Behavior
Falk, Armin; Neuber, Thomas; Strack, Philipp - 2021
We study response behavior in surveys and show how the explanatory power of self-reports can be improved. First, we develop a choice model of survey response behavior under the assumption that the respondent has imperfect self-knowledge about her individual characteristics. In panel data, the...
Persistent link: https://www.econbiz.de/10013219070
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Intelligence Disclosure and Cooperation in Repeated Interactions
Lambrecht, Marco; Proto, Eugenio; Rustichini, Aldo; … - 2021
We investigate in a laboratory setting whether revealing information on intelligence affects behavior in games with repeated interactions. In our experimental design we communicate information on the cognitive ability of both players. We use three stage games: Prisoners’ Dilemma (PD) and two...
Persistent link: https://www.econbiz.de/10013322849