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This paper studies, theoretically and experimentally, whether the entitlement effect created by deservingness affects the willingness to lie. In a laboratory experiment, we compare the lying behavior of high-endowment participants with low-endowment participants. In one treatment, the allocation...
Persistent link: https://www.econbiz.de/10012225391
. However, particularly in the field of economic policy the scope for irrational behaviour is given, since voters lack … incentives for rational reasoning concerning their voting decision. The explanatory power of irrational behaviour is demonstrated …
Persistent link: https://www.econbiz.de/10013428315
We analyze both theoretically and empirically how monetary incentives and information about others’ behavior affect dishonesty. We run a laboratory experiment with 560 participants, each of whom observes a number from one to six with there being a payoff associated with each number. They can...
Persistent link: https://www.econbiz.de/10012438251
We investigate the elasticity of moral ignorance with respect to monetary incentives and social norm information. We propose that individuals suffer from higher moral costs when rejecting a certain donation, and thus pay for moral ignorance. Consistent with our model, we find significant...
Persistent link: https://www.econbiz.de/10011993589
Psychology and economics (the mixture of which is known as behavioral economics) are two fundamental disciplines …
Persistent link: https://www.econbiz.de/10011762602
Persistent link: https://www.econbiz.de/10014563084
Non-pecuniary incentives motivated by insights from psychology ("nudges") have been shown to be effective tools to …
Persistent link: https://www.econbiz.de/10012267142
Digitalization has changed existing business models and enabled new ones. This development has been accompanied by the emergence of new pricing options and the possibility of applying established pricing models in new domains. Today, consumers can, for example, pay for accessing a product...
Persistent link: https://www.econbiz.de/10012033570
We propose nonparametric definitions of absolute and comparative naivete. These definitions leverage ex-ante choice of menu to identify predictions of future behavior and ex-post (random) choices from menus to identify actual behavior. The main advantage of our definitions is their independence...
Persistent link: https://www.econbiz.de/10011933088
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/10012118521