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Unleashing Animal Spirits - Self-Control and Overpricing in Experimental Asset Markets

Kocher, Martin; Lucks, Konstantin; Schindler, David - 2018

One explanation for overpricing on asset markets is a lack of traders\' self-control. Self-control is the individual capacity to override or inhibit undesired impulses that may drive prices. We implement the first experiment to address the causal relationship between self-control abilities and...

Persistent link: https://www.econbiz.de/10011932946

Sin taxes and self-control

Schmacker, Renke; Smed, Sinne - 2020

"Sin taxes" are high on the political agenda in the global fight against obesity. According to theory, they are welfare improving if consumers with low self-control are at least as price responsive as consumers with high self-control, even in the absence of externalities. In this paper, we...

Persistent link: https://www.econbiz.de/10012254832

Self-control and Performance while Working from Home

Baumann, Julia; Danilov, Anastasia; Stavrova, Olga - 2023

This study explores the role of trait self-control in individuals' changes in performance and well-being when working from home (WFH). In a three-wave longitudinal study with UK workers in the midst of the COVID-19 pandemic, we find that low self-control workers experienced a significant...

Persistent link: https://www.econbiz.de/10014467881

Contracting over commitment vs. flexibility under asymmetric information

Galperti, Simone - 2011

-inconsistent fellows. Its magnitude depends on the degree of contractual flexibility and the likelihood of facing temptation. We derive the …

Persistent link: https://www.econbiz.de/10010282919

Procrastination and learning about self-control

Christensen, Else Gry Bro; Murooka, Takeshi - 2019

We study a model of task completion with the opportunity to learn about own self-control problems over time. While the agent is initially uncertain about her future self-control, in each period she can choose to learn about it by paying a non-negative learning cost and spending one period. If...

Persistent link: https://www.econbiz.de/10012141898

The effect of self-control on borrowing: Experimental evidence

Grohmann, Antonia; Hamdan, Jana S. - 2020

This paper examines the effect of reduced self-control on debt-taking in a laboratory experiment. We manipulate self-control using an ego depletion task and show that it is effective. Following the ego depletion task, participants can anonymously buy hot drinks on credit. We find no significant...

Persistent link: https://www.econbiz.de/10012504511

Bandwagon voting or false-consensus effect in voting experiments? First results and methodological limits

Bischoff, Ivo; Egbert, Henrik - 2008

In an experiment designed to test for expressive voting, Tyran (JPubEc 2004) found a strong positive correlation … voting decisions in the social science literature. Redoing Tyran's experiment and adding new treatments, we provide evidence …

Persistent link: https://www.econbiz.de/10010301374

On a class of threshold public goods games: With applications to voting and the Kyoto Protocol

Bolle, Friedel - 2014

the launch of the project. Examples are the Kyoto protocol, voting with different weights (shareholders, the UN with the …

Persistent link: https://www.econbiz.de/10010332908

Simultaneous and sequential voting under general decision rules

Bolle, Friedel - 2017

In an economic theory of voting, voters have positive or negative costs of voting in favor of a proposal and positive … or negative benefits from an accepted proposal. When votes have equal weight then simultaneous voting mostly has a unique … pure strategy Nash equilibrium which is independent of benefits. Voting with respect to (arbitrarily small) costs alone …

Persistent link: https://www.econbiz.de/10011630502

Did sanctions help Putin?

Peeva, Aleksandra - 2019

impact on voting. The US and the EU introduced targeted measures against Russian entities and individuals related to Putin … effect on voting can be explained as rally-around-the-flag in the face of sanctions, as long as voters did not endure …

Persistent link: https://www.econbiz.de/10012016401