Showing 1 - 10 of 52
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
privately evaluating the investments. Consistent with self-deception, learning about the incentive before evaluating the options …
Persistent link: https://www.econbiz.de/10012179864
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
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
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
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
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
infinite-horizon learning, and subjective expectations with Euler-equation learning. Under rational expectations, the model … necessitates of large, possibly unrealistically so, degrees of myopia. The same result persists under infinite-horizon learning …, given that agents are still remarkably farsighted. But, under Euler-equation learning, the model can fit the data with only …
Persistent link: https://www.econbiz.de/10013229788
The decision how to share resources with others often needs to be taken under uncertainty on its allocational consequences. Although risk preferences are likely important, existing research is silent about how social and risk preferences interact in such situations. In this paper we provide...
Persistent link: https://www.econbiz.de/10011584886
Many modern organisations collect data on individuals’ personality traits as part of their human resource selection processes. We test experimentally whether revealing information on personality data impacts on pro-social behaviour as measured in a one-shot modified dictator game and a public...
Persistent link: https://www.econbiz.de/10012018229