Narrow search
Showing 1 - 10 of 625
Cover Image
Do choices affect preferences? Some doubts and new evidence
Holden, Steinar - 2009
Recent research is exploring the case for choice-induced changes in preferences using the free-choice paradigm of Brehm … (1956). Participants are faced with a choice between items that they have given the same rating of liking, two items at a … time, and it is found that an item not chosen in one choice has a lower tendency of being chosen in a subsequent choice …
Persistent link: https://www.econbiz.de/10010265988
Cover Image
Beyond Non-Satiation: Needs and Requirements
Pettini, Anna - 2014
The hypothesis of non-satiation of rational choice theory is very seldom posed under scrutiny, maybe because it is …
Persistent link: https://www.econbiz.de/10010480814
Cover Image
Of Morals, Markets and Mice: A Comment on Falk and Szech
Breyer, Friedrich; Weimann, Joachim - 2014
A recent experimental study by Falk and Szech (Science, 2013) concludes that „markets erode moral values”. If this were true, economists, who have emphasized the efficiency enhancing effects of markets for centuries, would have to reconsider their judgments fundamentally. This would be no...
Persistent link: https://www.econbiz.de/10010352354
Cover Image
Flipping a Coin: Theory and Evidence
Dwenger, Nadja; Kübler, Dorothea; Weizsäcker, Georg - 2014
, which contradicts most theories of choice such as expected utility but is consistent with a theory of responsibility … aversion that implies a preference for randomness. A large data set on university applications in Germany shows a choice …
Persistent link: https://www.econbiz.de/10010352389
Cover Image
Public Goods Games and Psychological Utility: Theory and Evidence
Dhami, Sanjit; Wei, Mengxing; al-Nowaihi, Ali - 2018
We consider a theoretical model of a public goods game that incorporates reciprocity, guilt-aversion/surprise-seeking, and the attribution of intentions behind these emotions. In order to test our predictions, we implement the ‘induced beliefs method’ and a within-subjects design, using the...
Persistent link: https://www.econbiz.de/10011872071
Cover Image
Prosociality, Political Identity, and Redistribution of Earned Income: Theory and Evidence.
Dhami, Sanjit; Manifold, Emma; al-Nowaihi, Ali - 2018
We explore the relation between social political identity and prosociality. We first construct a theoretical model to generate predictions for the behavior of players in an ultimatum game who are influenced by social political identity. Then we use a novel subject pool-registered members of...
Persistent link: https://www.econbiz.de/10011932006
Cover Image
Preferences for redistribution and pensions: What can we learn from experiments?
Tausch, Franziska; Potters, Jan; Riedl, Arno - 2010
Redistribution is an inevitable feature of collective pension schemes and economic experiments have revealed that most people have a preference for redistribution that is not merely inspired by self-interest. Interestingly, little is known on how these preferences interact with preferences for...
Persistent link: https://www.econbiz.de/10010270867
Cover Image
Identity and Redistribution: Theory and Evidence.
Dhami, Sanjit; Manifold, Emma; al-Nowaihi, Ali - 2020
We propose a theoretical model that embeds social identity concerns, as in Akerlof and Kranton (2000), with inequity averse preferences, as in Fehr and Schmidt (1999). We conduct an artefactual ultimatum game experiment with registered members of British political parties, for whom political...
Persistent link: https://www.econbiz.de/10012269467
Cover Image
Error Prone Inference from Response Time: The Case of Intuitive Generosity
Recalde, Maria P.; Riedl, Arno; Vesterlund, Lise - 2014
Response time is increasingly used to shed light on the process by which individuals make decisions. As mistakes may be correlated with response time it could, however, be misleading to use this measure to draw inference on preferences. To demonstrate we build on a recent literature, which uses...
Persistent link: https://www.econbiz.de/10010420722
Cover Image
Estimating Individual Ambiguity Aversion: A Simple Approach
Gneezy, Uri; Imas, Alex; List, John A. - 2015
We introduce a simple, easy to implement instrument for jointly eliciting risk and ambiguity attitudes. Using this instrument, we structurally estimate a two-parameter model of preferences. Our findings indicate that ambiguity aversion is significantly overstated when risk neutrality is assumed....
Persistent link: https://www.econbiz.de/10010500387