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experiment of self-serving deceptive behavior which combines two exogenously varied levels of reflection time with a cognition …Time is a crucial determinant of deception, since some misreporting opportunities come as a surprise and require an … intuitive decision while others allow for extensive reflection time. To be able to pursue a deceptive strategy, however, a …
Persistent link: https://www.econbiz.de/10011723505
This paper presents an empirical investigation of the relation between decision speed and decision quality for a real-world setting of cognitively-demanding decisions in which the timing of decisions is endogenous: professional chess. Move-by-move data provide exceptionally detailed and precise...
Persistent link: https://www.econbiz.de/10012806643
We study the role of heuristic versus deliberative processing in intertemporal choice. Using studies in the Democratic Republic of Congo and an online labor market, we show that waiting periods - designed to prompt deliberation by temporally separating news about choice sets from choices...
Persistent link: https://www.econbiz.de/10011557776
and decision time. Overall, the data show that more people follow the default if the nudge is made transparent. More … data also show an interaction of reactance and decision time in that more reactant subjects making slower decisions respond … of reactance can be established in the data if decision time is accounted for. …
Persistent link: https://www.econbiz.de/10014323254
Pay What You Want (PWYW) can be an attractive marketing strategy to price discriminate between fair-minded and selfish customers, to fully penetrate a market without giving away the product for free, and to undercut competitors that use posted prices. We report on laboratory experiments that...
Persistent link: https://www.econbiz.de/10010431266
identify demand elasticities across hotel room types and over time. We confirm these elasticity estimates with a difference …-function approach to two classic questions in the dynamic pricing literature: the evolution of price elasticity of demand over time as …
Persistent link: https://www.econbiz.de/10012534709
survey experiment among 807 local community members in an oil-rich district using videos with three information treatments …
Persistent link: https://www.econbiz.de/10014452391
survey experiment among 2300 Ghanaian respondents to study the impact of information provision and encouragement messages by … shows that these impacts do not last. The experiment suggests that providing relevant information affects attitudes and …
Persistent link: https://www.econbiz.de/10014443982
hypothesize that technological innovations, which improved information transmission and shortened the response time between an …
Persistent link: https://www.econbiz.de/10011549387
This article discusses the effects of taxation on the discrete choice of alternative projects. In particular, it is shown that if taxation affects the optimal timing of irreversible investment, then the discrete choice is distorted as well. This result has both methodological and political...
Persistent link: https://www.econbiz.de/10011409961