Showing 1 - 10 of 787
dimension for dishonest decision-making and for the cognition process of the chance to deceive. We conduct a laboratory … experiment of self-serving deceptive behavior which combines two exogenously varied levels of reflection time with a cognition … 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
-rational inferences, drive herd behavior. In Experiment 1, unobserved, whose actions remain private, learn from the public actions made in …
Persistent link: https://www.econbiz.de/10011789104
when a decision is complex, they implicitly treat different time delays to some degree alike. By experimentally measuring … when the decision environment is more complex. Third, cognitive uncertainty matters for choice architecture: people who are …
Persistent link: https://www.econbiz.de/10012697938
Algorithm-based decision support systems play an increasingly important role in decisions involving exploration tasks … exploration and exploitation, which can be highly dependent on individual preferences. In an online experiment, we study whether … rather than exploitation, and model the participants' decision-making processes using a learning model comparable to the …
Persistent link: https://www.econbiz.de/10013482224
simple theoretical framework and an experiment to show that enhanced cognitive abilities may lead to better policy choices … in others’ understanding could improve the quality of democratic decision-making in our societies. …
Persistent link: https://www.econbiz.de/10014578562
We test experimentally an explanation of over and under confidence as motivated by (perhaps unconscious) strategic concerns, and find compelling evidence supporting this hypothesis in the behavior of participants who send and respond to others ́statements of confidence about how well they have...
Persistent link: https://www.econbiz.de/10010223063
Understanding the roots of human cooperation among strangers is of great importance for solving pressing social dilemmas and maintening public goods in human societies. We study the development of cooperation in 929 young children, aged 3 to 6. In a unified experimental framework, we examine...
Persistent link: https://www.econbiz.de/10012547006
Overbidding in second-price auctions (SPAs) has been shown to be persistent and associated with cognitive ability. We study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account cognitive skills. Employing an order-balanced design, we use...
Persistent link: https://www.econbiz.de/10012668312
We study the development of cooperation in 929 young children, aged 3 to 6. In a unified experimental framework, we examine pre-registered hypotheses about which of three fundamental pillars of human cooperation – direct and indirect reciprocity, and third-party punishment – emerges earliest...
Persistent link: https://www.econbiz.de/10012668493
decision makers for whom acquiring and processing information is more costly respond more strongly to changes in incentive … thus consists of a larger proportion of individuals who have a worse understanding of the consequences of their decision …. We conduct a behavioral experiment that confirms these predictions, both for experimental variation in the costs of …
Persistent link: https://www.econbiz.de/10011863553