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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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"It's Not about the Money. It's about Sending a Message!" Unpacking the Components of Revenge
Molnar, Andras; Chaudhry, Shereen J.; Loewenstein, George - 2020
We examine whether belief-based preferences - caring about what transgressors believe - play a crucial role in punishment decisions: Do punishers want to make sure that transgressors understand why they are being punished, and is this desire to affect beliefs often prioritized over distributive...
Persistent link: https://www.econbiz.de/10012179901
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Individual and Collective Information Acquisition: An Experimental Study
Reshidi, Pëllumb; Lizzeri, Alessandro; Yariv, Leeat; … - 2021
Many committees—juries, political task forces, etc.—spend time gathering costly information before reaching a decision. We report results from lab experiments focused on such information-collection processes. We consider decisions governed by individuals and groups and compare how voting...
Persistent link: https://www.econbiz.de/10012799768
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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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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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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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Individual and Collective Information Acquisition : An Experimental Study
Reshidi, Pellumb; Lizzeri, Alessandro; Yariv, Leeat; … - 2021
Many committees—juries, political task forces, etc.—spend time gathering costly information before reaching a decision. We report results from lab experiments focused on such information-collection processes. We consider decisions governed by individuals and groups and compare how voting...
Persistent link: https://www.econbiz.de/10013311705