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On the effect of anchoring on valuations when the anchor is transparently uninformative
Ioannidis, Konstantinos; Offerman, Theo; Sloof, Randolph - 2020 - Revision: April 2020
We test whether markets are needed to mitigate the effects of anchoring on peoples' pref- erences. We anchor subjects by asking them if they are willing to sell a bottle of wine for a transparently uninformative random price. We elicit subjects' Willingness-To-Accept for the bottle before and...
Persistent link: https://www.econbiz.de/10012122507
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The economics of altruistic punishment and the demise of cooperation
Egas, Martijn; Riedl, Arno - 2005
Explaining the evolution and maintenance of cooperation among unrelated individuals is one of the fundamental problems in biology and the social sciences. Recent experimental evidence suggests that altruistic punishment is an important mechanism to maintain cooperation among humans. In this...
Persistent link: https://www.econbiz.de/10011343948
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Why do oaths work? : image concerns and credibility in promise keeping
Kingsuwankul, Sorravich; Tergiman, Chloe; Villeval, … - 2023
We use a laboratory experiment to understand the channels through which honesty oaths can affect behavior and …
Persistent link: https://www.econbiz.de/10014380769
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Negative reciprocity and the interaction of emotions and fairness norms
Reuben, Ernesto; Winden, Frans A. A. M. van - 2005
This experimental study investigates how behavior changes after punishment for an unkind action. It also studies how fairness perceptions affect the reaction to punishment and whether this effect is consistent across repeated play and role experiences. A repeated version of the power-to-take...
Persistent link: https://www.econbiz.de/10011343297
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Train commuters' scheduling preferences : evidence from a large-scale peak avoidance experiment
Peer, Stefanie; Knockaert, Jasper; Verhoef, Erik T. - 2015
collected during large-scale peak avoidance experiment conducted in the Netherlands, in which participants could earn monetary … rewards for traveling outside peak hours. The experiment included ca. 1000 participants and lasted for about 6 months. Holders … of an annual train pass were invited to join the experiment, and a customized smartphone app was used to measure the …
Persistent link: https://www.econbiz.de/10011295719
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Habitual communication
Ioannidis, Konstantinos - 2022
Many everyday activities are habitual. Among the most common human activities is communication. If people primarily communicate in a common-interests environment, they may form habits of truth-telling and believing messages. If they primarily communicate in a conflicting-interests environment,...
Persistent link: https://www.econbiz.de/10012887895
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Decision and strategies in a sequential search experiment
Sonnemans, Joep - 1997
works in anindividual decision experiment. Subjects are faced with a sequentialsearch problem. After extensive practice …
Persistent link: https://www.econbiz.de/10011283474
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Investment, resolution of risk, and the role of affect
Winden, Frans A. A. M. van; Krawczyk, Michal; … - 2008
under delayed resolution (which involved two days). Affective traits and risk attitudes weremeasured through a web …-based questionnaire before the experiment and participants' preferencesfor resolution timing, risk, and time were incentive compatibly … measured during the experiment.Main findings are that delayed resolution can affect investment, that the effect depends on the …
Persistent link: https://www.econbiz.de/10011374397
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Errors in judicial decisions
Sonnemans, Joep; Dijk, Frans van - 2008
verdict. In this experiment we examine the relationship between evidence of which the strength is known, subjective …
Persistent link: https://www.econbiz.de/10011377092
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Social comparison and risky choices
Linde, Jona; Sonnemans, Joep - 2009
decision making in an interpersonal context. The influence of social comparison on risky choices is explored in an experiment …
Persistent link: https://www.econbiz.de/10011379362