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Social comparison and risky choices
Linde, Jona; Sonnemans, Joep - 2009
This study attempts to combine two traditional fields in microeconomics: individual decision making under risk and … decision making in an interpersonal context. The influence of social comparison on risky choices is explored in an experiment … lower than all possible payoffs of the decision maker. In the neutral context social referent and decision maker will always …
Persistent link: https://www.econbiz.de/10011379362
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Deal or no deal? : decision-making under risk in a large-payoff game show
Post, Thierry; Baltussen, Guido; Assem, Martijn J. van den - 2006
We examine the risky choices of contestants in the popular TV game show “Deal or No Deal” and related classroom experiments. Contrary to the traditional view of expected utility theory, the choices can be explained in large part by previous outcomes experienced during the game. Risk aversion...
Persistent link: https://www.econbiz.de/10011348343
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The behavioral impact of emotions in a power to take game : an experimental study
Bosman, Ronald; Winden, Frans A. A. M. van - 1999
authority and responder.Both players in each pair have earned an own income in an individual realeffort decision …
Persistent link: https://www.econbiz.de/10011301155
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Other-regarding preferences, group identity and political participation : an experiment
Robalo, Pedro; Schram, Arthur; Sonnemans, Joep - 2013
Persistent link: https://www.econbiz.de/10010191396
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Inefficiency and social exclusion in a coalition formation game : experimental evidence
Okada, Akira; Riedl, Arno - 1999 - This version: February, 1999
decision making.Thehypothesis that selfishness and anticipatednegative reciprocity by proposers together with actual …
Persistent link: https://www.econbiz.de/10011301150
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That's just : not fair ; gender differences in notions of justice
Becker, Nicole; Häger, Kirsten; Heufer, Jan - 2015
In Becker et al. (2013a,b), we proposed a theory to explain giving behaviour in dictator experiments by a combination of selfishness and a notion of justice. The theory was tested using dictator, social planner, and veil of ignorance experiments. Here we analyse gender differences in preferences...
Persistent link: https://www.econbiz.de/10011327335
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How universal is behavior?
Brandts, Jordi; Saijō, Tatsuyoshi; Schram, Arthur - 2002
This paper studies behavior in experiments with a linear voluntary contributions mechanism for public goods conducted in Japan, the Netherlands, Spain and the USA. The same experimental design was used in the four countries. Our 'contribution function' design allows us to obtain a view of...
Persistent link: https://www.econbiz.de/10011327522
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Seeing the world with different eyes
Koellinger, Philipp; Minniti, Maria; Schade, Christian D. - 2008 - Revised version (v2.0)
Across countries, women own significantly fewer businesses than do men. We show that this is due, in large part, to the fact that the propensity to start businesses of women is significantly lower than that of men. The lower propensity of women, in turn, appears to be highly correlated to...
Persistent link: https://www.econbiz.de/10011374407
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On the optimality of regularity in mixing markovian decision rules for MDP control
Laan, Dinard van der - 2010
In this paper we study Markov Decision Process (MDP) problems with the restriction that at decision epochs only a … finite number of given Markovian decision rules may be applied. The elements of the finite set of allowed decision rules … should be mixed to improve the performance. The set of allowed Markovian decision rules could for example consist of some …
Persistent link: https://www.econbiz.de/10011380145
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On the optimality of decisions
Berk, Jan Marc; Bierut, Beata - 2004
heterogeneity of committee members, this voting rule is suboptimal in terms of the quality of the interest rate decision, but …
Persistent link: https://www.econbiz.de/10011342577