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motivation may undermine intrinsic motivation. The self-perception (SP) theory developed by Bem (1972) explains this finding. The … crux of this theory is that people remember their past decisions and the extrinsic rewards they received, but they do not … recall their intrinsic motives. In this paper I show that the SP theory can be modeled as a variant of a conventional dynamic …
Persistent link: https://www.econbiz.de/10011349711
We develop a simple model that describes individuals’ self-assessments oftheir abilities. We assume that individuals learn about their abilities from appraisalsof others and experience. Our model predicts that if communicationis imperfect, then (i) appraisals of others tend to be too positive,...
Persistent link: https://www.econbiz.de/10011348342
We develop a theoretical framework for studying the effects of interaction on the quaJity of decision-making by monetary policy committees. We show that interaction, i.e. increasing one's expertise through an exchange of views, is most likely not to result in interdependent voting...
Persistent link: https://www.econbiz.de/10011334835
We study social learning in a social network setting where agents receive independent noisy signals about the truth …
Persistent link: https://www.econbiz.de/10011801379
that while the possibility of learning increases activism,the existence of political instability distorts learning … political parties does not always decreaseactive learning. In the case with endogenous elections we find that electoral concerns …
Persistent link: https://www.econbiz.de/10011316875
growth, learning, and survival using monthly sales histories from 305 Texas bars. We find that heterogeneity in firms' pre … remainder. We find no evidence of entrepreneurial learning. Variation of the firms' fixed costs consistent with an annual lease …
Persistent link: https://www.econbiz.de/10011343305
firms survive and others do not than does neoclassical economics. At the heart of the evolutionary theory isthe view that …
Persistent link: https://www.econbiz.de/10010533203
We analyze communication about the social returns to investment in a public good. We model two agents who have private information about these returns as well as their own taste for cooperation, or social preferences. Before deciding to contribute or not, each agent submits an unverifiable...
Persistent link: https://www.econbiz.de/10011801387
This paper considers competitive search equilibrium in a market for a good whose quality differs across sellers. Each seller knows the quality of the good that he or she is offering for sale, but buyers cannot observe quality directly. We thus have a "market for lemons" with competitive search...
Persistent link: https://www.econbiz.de/10015053938
A physician performs two tasks: making diagnoses and determining treatments. To reduce medical error, residents are supposed to consult their supervisors when they face uncommon circumstances. However, recent research shows that residents are reluctant to do so. This paper presents a model that...
Persistent link: https://www.econbiz.de/10011378360