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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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Correlation Neglect in Belief Formation
Enke, Benjamin; Zimmermann, Florian - 2013
learning. …
Persistent link: https://www.econbiz.de/10010328793
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Bracelets of Pride and Guilt? An Experimental Test of Self-Signaling in Charitable Giving
van der Weele, Joël J.; von Siemens, Ferdinand - 2014
Self-signaling theory argues that individuals partly behave prosocially to create or uphold a favorable self-image. To study self-signaling theory, we investigate whether increasing self-image concerns affects charitable giving. In our experiment subjects divide 20 euros between themselves and a...
Persistent link: https://www.econbiz.de/10010333449
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Beliefs and Utility: Experimental Evidence on Preferences for Information
Falk, Armin; Zimmermann, Florian - 2016
Beliefs are a central determinant of behavior. Recent models assume that beliefs about or the anticipation of future consumption have direct utilityconsequences. This gives rise to informational preferences, i.e., preferences over the timing and structure of information. Using a novel and...
Persistent link: https://www.econbiz.de/10011555503
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Whistle-Blower Protection: Theory and Experimental Evidence
Mechtenberg, Lydia; Mühlheusser, Gerd; Roider, Andreas - 2017
Whistle-blowing by employees plays a major role in uncovering corporate fraud. Various recent laws aim at improving protection of whistle-blowers and enhancing their willingness to report. Evidence on the effectiveness of such legislation is, however, scarce. Moreover, critics have raised...
Persistent link: https://www.econbiz.de/10011657115
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The (in)elasticity of moral ignorance
Serra-Garcia, Marta; Szech, Nora - 2019
We investigate the elasticity of moral ignorance with respect to monetary incentives and social norm information. We propose that individuals suffer from higher moral costs when rejecting a certain donation, and thus pay for moral ignorance. Consistent with our model, we find significant...
Persistent link: https://www.econbiz.de/10012018246
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Norms and Guilt
Danilov, Anastasia; Khalmetski, Kiryl; Sliwka, Dirk - 2018
It has been argued that guilt aversion (the aversion to violate others’ expectations) and the compliance to descriptive social norms (the aversion to act differently than others in the same situation) are important drivers of human behavior. We show in a formal model that both motives are...
Persistent link: https://www.econbiz.de/10011872056
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Motivated Procrastination
Cordes, Charlotte; Friedrichsen, Jana; Schudy, Simeon - 2024
Procrastination is often attributed to time-inconsistent preferences but may also arise when individuals derive anticipatory utility from holding optimistic beliefs about their future effort costs. This study provides a rigorous empirical test for this notion of 'motivated procrastination'. In a...
Persistent link: https://www.econbiz.de/10014534328
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Good News Is Not a Sufficient Condition for Motivated Reasoning
Thaler, Michael - 2024
People often receive good news that makes them feel better about the world around them, or bad news that makes them feel worse about it. This paper studies how the valence of news affects belief updating, absent functional and ego-relevant factors. Using experiments with over 1,500 participants...
Persistent link: https://www.econbiz.de/10014534346
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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