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Research on public-good games reveals greater contributions by fast decision-makers than by slow decision …, we find that fast decision-makers give more than slow decision-makers when the equilibrium is below the mid-point of the …. Consistent with mistakes decreasing with decision time, we find that individuals who make (or have to make) fast decisions are …
Persistent link: https://www.econbiz.de/10012972651
This paper attempts to identify the effect of fiscal decentralization on public sector efficiency (PSE). We employ data …
Persistent link: https://www.econbiz.de/10012770638
-consistent expectations. This implicitly assumes unrealistic cognitive abilities on the part of economic decision makers. The relevant … question, however, is not whether the assumption can be literally correct, but how much it would matter to model decision … problems such as chess or go, in which decision makers look ahead only a finite distance into the future, and use a value …
Persistent link: https://www.econbiz.de/10012913194
implemented. Fama & Jensen (1983) argue that the same members of many organization are often responsible for both decision … to express their discontent with the allocation of decision rights. How decisions come about also affects implementation …
Persistent link: https://www.econbiz.de/10013315530
Philosophers, psychologists, and economists have long argued that certain decision rights carry not only instrumental … – at least partly – from an assumed positive intrinsic value of decision rights. Proving the existence of this value and … reveal that – across different parameterizations – the large majority of our subjects intrinsically value decision rights …
Persistent link: https://www.econbiz.de/10013315775
intuitive decision while others allow for extensive reflection time. To be able to pursue a deceptive strategy, however, a … dimension for dishonest decision-making and for the cognition process of the chance to deceive. We conduct a laboratory … opportunity and the conscious decision to misreport, reveals that more reflection time increases awareness of the misreporting …
Persistent link: https://www.econbiz.de/10012945055
.g. gender, race, sugar) have a stronger effect when the attribute is mixed with others, and so the decision becomes less …
Persistent link: https://www.econbiz.de/10012998711
Persistent link: https://www.econbiz.de/10005405818
In the course of history, a large number of politicians have been assassinated. Rational choice hypotheses are developed and tested using panel data covering more than 100 countries over a period of 20 years. Several strategies, in addition to security measures, are shown to significantly reduce...
Persistent link: https://www.econbiz.de/10005406072
The hypothesis of non-satiation of rational choice theory is very seldom posed under scrutiny, maybe because it is taken as an anthropologic reality. Looking closer to that, we discover that it is taken for granted only in economic theory, and that it has become a reality as a result of a...
Persistent link: https://www.econbiz.de/10011097939