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Cooperation, Motivation and Social Balance
Bosworth, Steven - 2016
This paper examines the reflexive interplay between individual decisions and social forces to analyze the evolution of cooperation in the presence of “multi-directedness,” whereby people's preferences depend on their psychological motives. People have access to multiple, discrete motives....
Persistent link: https://www.econbiz.de/10012996678
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Efficiency-Morality Trade-Offs in Repugnant Transactions : A Choice Experiment
Elias, Julio - 2016
conducted an online choice experiment to characterize preferences for the morality and efficiency of payments to kidney donors …
Persistent link: https://www.econbiz.de/10012979667
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Do Choices Affect Preferences? Some Doubts and New Evidence
Holden, Steinar - CESifo - 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/10008583740
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Beyond Non-Satiation: Needs and Requirements
Pettini, Anna - CESifo - 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/10011097939
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Error Prone Inference from Response Time : The Case of Intuitive Generosity
Recalde, Maria P. - 2017
Research on public-good games reveals greater contributions by fast decision-makers than by slow decision-makers. Interpreting greater contributions as generosity, this is seen as evidence of generosity being intuitive. We caution that mistakes may lead to the observed comparative static....
Persistent link: https://www.econbiz.de/10012972651
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Flipping a Coin : Theory and Evidence
Dwenger, Nadja - 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/10013054492
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What Makes a Price Fair? An Experimental Study of Transaction Experience and Endogenous Fairness Views
Herz, Holger - 2016
People's fairness preferences are an important constraint for what constitutes an acceptable economic transaction, yet little is known about how these preferences are formed. In this paper, we provide clean evidence that previous transactions play an important role in shaping perceptions of...
Persistent link: https://www.econbiz.de/10012987400
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Do Preferences and Biases Predict Life Outcomes? Evidence from Education and Labor Market Entry Decisions
Backes-Gellner, Uschi - 2018
Evidence suggests that acquiring human capital is related to better life outcomes, yet young peoples' decisions to invest in or stop acquiring human capital are still poorly understood. We investigate the role of time and reference-dependent preferences in such decisions. Using a data set that...
Persistent link: https://www.econbiz.de/10012924444
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Estimating Individual Ambiguity Aversion : A Simple Approach
Gneezy, Uri; Imas, Alex; List, John A. - 2021
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/10013315553
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Of Morals, Markets and Mice : A Comment on Falk and Szech
Breyer, Friedrich; Weimann, Joachim - 2021
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 less...
Persistent link: https://www.econbiz.de/10013315611