Theory of mind and individual preferences are important determinants in social decision making. The current study …

by 8 - 15% compared to only offering a pay-per-use contract. -- access services ; pricing contracts ; decision biases …

are information seeking otherwise. Because belief updating depends on the decision problem in which new information is …

thereby distort optimal search. In addition, urgency may alter decision-making processes and thereby the salience of regret … decision times and perceived decision quality but does not alter search length. Only very inexperienced decision-makers buy …

university students who we randomly assign to study groups. Our results show that students become more similar to their peers … along several dimensions. Students with more competitive peers become more competitive, students with more open-minded peers … become more open-minded, and students with more conscientious peers become more conscientious. We see no significant effects …

using a large survey linked to administrative student register data. Exploiting cross sectional variation in students' self …-reported grit in the last year of compulsory school, we find that an increase in students' grit is associated with a higher … cognitive skill measures and a comprehensive set of other students' background characteristics. Moreover, using novel data on …

cost of making a mistake on this decision is $ 262. We then compute that almost all members have made the right decision …