Showing 1 - 10 of 15
a series of additional laboratory experiments suggest that task complexity decreases the responsiveness to incentives …
Persistent link: https://www.econbiz.de/10011298558
We study two dimensions of complexity that may interfere with individual choice. The first one is object complexity … complexity, which increases when suboptimal alternatives become more similar to optimal ones. We develop a satisficing …, as the object complexity of an optimal (suboptimal) alternative increases, it becomes less (more) likely to be chosen …
Persistent link: https://www.econbiz.de/10012602341
This paper studies the relevance of cognitive uncertainty - subjective uncertainty over one’s utility-maximizing action - for understanding and predicting intertemporal choice. The main idea is that when people are cognitively noisy, such as when a decision is complex, they implicitly treat...
Persistent link: https://www.econbiz.de/10012697938
The present complexity approach is based on two assumptions: A1: measurability of deviations of outcomes with respect … to reference values; A2 : extension of A1 to multi-set analysis. Complexity is then defined in terms of multi … reducing greatly the degree of complexity of the problem, and hence the difficulty of finding a solution. …
Persistent link: https://www.econbiz.de/10009781643
We analyze the relationship between cognitive ability and bunching in the context of a large and salient kink point of the Swedish income tax schedule. Using population-wide register data from the Swedish military enlistment and administrative tax records, we find that high-ability individuals...
Persistent link: https://www.econbiz.de/10012206064
obligations. We present evidence from a laboratory tax experiment suggesting that the effects of complexity on compliance are … intrinsically linked to distributive fairness. We find that compliance remains largely unaffected by complexity when income taxes … are distributed to a morally justified charity. Conversely, complexity significantly amplifies noncompliance when income …
Persistent link: https://www.econbiz.de/10012119790
computational complexity of the decision problem. These results point to the context-dependence of what comes to mind and the …
Persistent link: https://www.econbiz.de/10012171711
, structural estimates of present bias, hyperbolicity and transitivity violations - are driven by complexity rather than time or … intertemporal decisions. Second, intertemporal choice anomalies are highly correlated with indices of complexity responses including … to complexity severely inflates structural estimates of present bias. …
Persistent link: https://www.econbiz.de/10014247072
We consider technology choices between green and brown technologies by firms. We use insights from complexity theory …
Persistent link: https://www.econbiz.de/10014251250
In this paper, we analyze whether the complexity of tax bills affects financial markets. Based on the Flesch … between tax bills' complexity and financial markets using an event study approach. Our results show a negative (positive) and …
Persistent link: https://www.econbiz.de/10013426525