Showing 1 - 10 of 1,419
by 8 - 15% compared to only offering a pay-per-use contract. -- access services ; pricing contracts ; decision biases … ; experiment …
Persistent link: https://www.econbiz.de/10009489036
thereby distort optimal search. In addition, urgency may alter decision-making processes and thereby the salience of regret … interaction on search behavior in a pre-registered, theory-based, and well-powered experiment. We find that urgency reduces … decision times and perceived decision quality but does not alter search length. Only very inexperienced decision-makers buy …
Persistent link: https://www.econbiz.de/10012534681
preferences. Among the behavioral patterns that allow for a clear-cut interpretation on the decision level, we find that roughly …
Persistent link: https://www.econbiz.de/10014556632
This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for …
Persistent link: https://www.econbiz.de/10009764385
We use data on insurance deductible choices to estimate a structural model of risky choice that incorporates "standard" risk aversion (diminishing marginal utility for wealth) and probability distortions. We find that probability distortions - characterized by substantial overweighting of small...
Persistent link: https://www.econbiz.de/10009621724
Beliefs are a central determinant of behavior. Recent models assume that beliefs about or the anticipation of future consumption have direct utilityconsequences. This gives rise to informational preferences, i.e., preferences over the timing and structure of information. Using a novel and...
Persistent link: https://www.econbiz.de/10011523747
, because the economics literature on group decision making has, so far, assumed homogeneity within groups. In a lab experiment …
Persistent link: https://www.econbiz.de/10012029172
The completeness axiom of choice has been questioned for long, and in response, theoretical models of decision making … decision tasks where specific choice patterns are consistent with incomplete preferences under uncertainty but inconsistent …
Persistent link: https://www.econbiz.de/10010519933
.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/10011415271
"undesirable" values. In laboratory experiments and surveys, I provide causal evidence that consumption can be diagnostic of …
Persistent link: https://www.econbiz.de/10013285514