Showing 1 - 10 of 2,149
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 impact of age on this relation. Theory of mind is measured in a …
Persistent link: https://www.econbiz.de/10010291540
(reduced net operating surplus) due to the extension of the youth voting franchise mainly appear in governments with low party …
Persistent link: https://www.econbiz.de/10014357513
In an experiment that elicits subjects’ willingness to pay (WTP) for the outcome of a lottery, we confirm the fourfold pattern of risk attitudes described by Kahneman and Tversky. In addition, we document a systematic effect of stake sizes on the magnitude and sign of the relative risk...
Persistent link: https://www.econbiz.de/10014077011
This paper estimates a New Keynesian model with new and old behavioral elements. Agents in the model exhibit cognitive discounting, or myopia: they discount variables far into the future at higher rates than typically implied in the benchmark model. We investigate the model under different...
Persistent link: https://www.econbiz.de/10013229788
Do people anticipate the conditions that enable them to manipulate their beliefs when confronted with unpleasant information? We investigate whether individuals seek out the “cognitive flexibility” needed to distort beliefs in self-serving ways, or instead attempt to constrain it, committing...
Persistent link: https://www.econbiz.de/10012823149
conceptualize our arguments in a theoretical model of policy preference changes rooted in cognitive dissonance theory. A pre …-registered, online experiment with 1,200 U.S. participants confirms our main hypotheses. As predicted by cognitive dissonance theory …
Persistent link: https://www.econbiz.de/10013306851
We propose and experimentally test a theory of strategic behavior in which players are cognitively imprecise and …
Persistent link: https://www.econbiz.de/10013310763
suggest an important role of motivated cognition …
Persistent link: https://www.econbiz.de/10014243099
that the choices of the proposers and the responders are consistent with social identity theory (higher offers and lower …
Persistent link: https://www.econbiz.de/10012908662
individual’s intrinsic ability and on an external variable. We analyze the mistakes made by decision-makers who hold inaccurate … variable environments and revise their self-confidence over time. In contrast, underconfident decision-makers might be trapped …
Persistent link: https://www.econbiz.de/10012892079