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-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/10012838243
also on the decisions of others. In the present article, we review the literature on decision making made by groups of the …
Persistent link: https://www.econbiz.de/10013111990
This paper studies experimentally when and how ideological motives shape group decision-making outcomes. Groups …
Persistent link: https://www.econbiz.de/10013243248
We consider a model where agents differ in their ‘types' which determines their voluntary contribution towards a public good. We analyze what the equilibrium composition of groups are under centralized and centralized choice. We show that there exists a top-down sorting equilibrium i.e. an...
Persistent link: https://www.econbiz.de/10012824828
Two non-transitive theories to model decision making under risk are regret theory (Loomes and Sugden, 1982, 1987) and …
Persistent link: https://www.econbiz.de/10012850081
risk preferences. First, all anomalies also arise in structurally similar atemporal decision problems involving valuation …
Persistent link: https://www.econbiz.de/10014358834
By means of a laboratory experiment, we show that, contrary to standard consumer theory, financially equivalent balance …
Persistent link: https://www.econbiz.de/10012845685
experiment, reduces evasion, as predicted by our theory. Loss aversion, risk aversion, and their interaction, are critical …
Persistent link: https://www.econbiz.de/10013315211
We experimentally study the impact of framing effects in a repeated sequential social dilemma game. Our between-subjects design consists of two group level (“Wall Street” vs. “Community”) and two individual level (“First (Second) Movers” vs. “Leaders (Followers)”) frames. We find...
Persistent link: https://www.econbiz.de/10013315235
Rewards to prevent supervisors from accepting bribes create incentives for extortion. This raises the question whether a supervisor who can engage in bribery and extortion can still be useful in providing incentives. By highlighting the role of team work in forging information, we present a...
Persistent link: https://www.econbiz.de/10013317102