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is known, however, about discounting when there are trade-offs between own and others' consumption. In this paper, we … provide a systematic analysis of present bias in individual and social contexts, as well as its stability across these two. In …
Persistent link: https://www.econbiz.de/10012029780
Little is known about the underlying mechanisms of behavioral contagion, in particular with respect to differences in contagion of pro- versus anti-social behavior. Our principal contribution is the use of a novel experimental approach that enables us to analyze the contagion of behavior under...
Persistent link: https://www.econbiz.de/10012029799
According to the Description-Experience gap (DE gap), people act as if overweighting rare events when information about those events is derived from descriptions but as if underweighting rare events when they experience them through a sampling process. While the is now clear evidence that the DE...
Persistent link: https://www.econbiz.de/10012389704
The Description-Experience gap (DE gap) is widely thought of as a tendency for people to act as if overweighting rare events when information about those events is derived from descriptions but as if underweighting rare events when they experience them through a sampling process. While there is...
Persistent link: https://www.econbiz.de/10012705275
Existing research has demonstrated carryover effects whereby emotions generated in one context influence decisions in other, unrelated ones. We examine the carryover effect in relation to valuations of risky and ambiguous lotteries with a novel focus on comparing the carryovers arising from a...
Persistent link: https://www.econbiz.de/10014480701
Accounting for ambiguity aversion in dynamic decisions generally implies that either dynamic consistency or consequentialism must be given up. To gain insight into which of these principles better describes people's preferences we tested them using a variation of Ellsberg's three-color urn...
Persistent link: https://www.econbiz.de/10012705273
We experimentally investigate spillover effects of affirmative action policies on team performance and the willingness to work in teams. We find that such policies in form of gender quotas do not harm performance and cooperation within teams, and do not discourage selection into teams.
Persistent link: https://www.econbiz.de/10011688532
We experimentally investigate spillover effects of affirmative action policies in tournaments on subsequent team performance and the willingness to work in teams. In three different team environments, we find that such policies in form of gender quotas do not harm performance and cooperation...
Persistent link: https://www.econbiz.de/10011688545
A stream of research examining the effect of punishment on conformity indicates that punishment can backfire and lead to suboptimal social outcomes. In such studies, the enforcement of a behavioral rule to cooperate originates from a single party. This feature may raise concern about the...
Persistent link: https://www.econbiz.de/10012029776
We investigate the effects of an institutional mechanism that incentivizes tax payers to blow the whistle on collusive corruption and tax compliance. We do this through a leniency program. In our experiment we nest collusive corruption within a tax evasion framework. We not only study the effect...
Persistent link: https://www.econbiz.de/10012029806