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The self-perception theory vs. a dynamic learning model

Swank, Otto H. - 2006

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

Deliberation, information aggregation and collective decision making

Swank, Otto H.; Wrasai, Phongthorn - 2003

We study a model of collective decision making with endogenous information collection.Agents collect information about the consequences of a project, communicate, and then vote onthe project. We examine under what conditions communication may increase the probability thatgood decisions are made....

Persistent link: https://www.econbiz.de/10011325966

On the composition of committees

Beniers, Klaas J.; Swank, Otto H. - 2003

This paper is concerned with the role of committees in collective decision-makingprocesses in a world where agents must be motivated to collect information. Committees improvethe quality of decision-making by providing information and by coordinating the collection ofinformation. We address two...

Persistent link: https://www.econbiz.de/10011332816

Naïve learning in social networks with random communication

Heidergott, Bernd; Huang, Jiaping; Lindner, Ines - 2018

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

A simple model of self-assessments

Dominguez-Martinez, Silvia; Swank, Otto H. - 2006

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

Need to know? : on information systems in firms

Bijkerk, Suzanne; Delfgaauw, Josse; Karamychev, Vladimir A. - 2018 - This version: November 14, 2018

In the context of firm decision-making, several motives for acquiring and conveying information exist. Information serves to make better decisions, to persuade, and to impress. In this paper, we study how these motives shape incentives to acquire and communicate information. We employ a...

Persistent link: https://www.econbiz.de/10011932570

Committees as active audiences : reputation concerns and information

Swank, Otto H.; Visser, Bauke - 2018

We study committees that acquire information, deliberate and vote. A member cares about state-dependent decision payoffs and about his reputation for expertise. The state remains unobserved, even after the decision has been taken. In such inconclusive environments, in equilibrium, a member's...

Persistent link: https://www.econbiz.de/10011895815

Policy makers, advisors, and reputation

Wrasai, Phongthorn; Swank, Otto H. - 2004

When hiring an adviser (he), a policy maker (she) often faces the problem that she has incomplete information about his preferences. Some advisers are good, in the sense that their preferences are closely aligned to the policy maker's preferences, and some advisers are bad. Recently, some...

Persistent link: https://www.econbiz.de/10011334827

Learning, forecasting and optimizing : an experimental study

Te, Bao; Duffy, John; Hommes, Cars H. - 2012

Persistent link: https://www.econbiz.de/10010191021

Consistent estimation of structural parameters in regression models with adaptive learning

Christopeit, Norbert; Massmann, Michael - 2010

estimation of the parameters in an auxiliary model. The learning scheme employed by the agents belongs to the class of stochastic …

Persistent link: https://www.econbiz.de/10011381034

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