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longitudinal experiment over four weeks, individuals have to complete a cumbersome task of unknown length. They are exposed to … (motivated procrastination) turns out to be robust to accounting for decision-makers' time preferences and emotional responses …, and looms largest for decision makers who tend to not acquire information that may include negative news. …
Persistent link: https://www.econbiz.de/10014487122
remedy for these shortcomings by developing a dynamical model of procedurally rational decision making. The basic idea of the … model is a feedback loop between experienced utility, decision utility, and activities. In applications of the model, I show …
Persistent link: https://www.econbiz.de/10014480143
We test the effects of dual processing differences in both individual traits and decision states on risk taking. In an … experiment with a large representative sample (N = 1,832), we vary whether risky choices are induced to be based on either … emotion or reason, while simultaneously measuring individual decision-making traits. Our results show that decision …
Persistent link: https://www.econbiz.de/10012118611
There are many important decision problems where learning through experimentation is costly or impossible. In these … degree of bias due to selection neglect increases when other decision makers become more informed, or become more rational …
Persistent link: https://www.econbiz.de/10011982107
Persistent link: https://www.econbiz.de/10013364388
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-standard preferences, non-standard beliefs, and non-standard decision-making) and the marketing mix instruments (i.e., product, price …
Persistent link: https://www.econbiz.de/10011762602
of the decision mode), the trait level (using individual difference measures of the decision mode), and their interaction … on cooperative behavior. In a survey experiment with a representative sample of the Swedish population (N = 1,828), we … elicited the individuals’ primary decision mode and experimentally varied whether individuals could rely on their preferred …
Persistent link: https://www.econbiz.de/10012237149
sense-making explanation (or narrative). Using a theory-driven experiment, we investigate the mechanics of such narrative …
Persistent link: https://www.econbiz.de/10014532535
sense-making explanation (or narrative). Using a theory-driven experiment, we investigate the mechanics of such narrative …
Persistent link: https://www.econbiz.de/10014537296