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Confucianism and Preferences : Evidence from Lab Experiments in Taiwan and China

Liu, Elaine - 2013

This paper investigates how Confucianism affects individual decision making in Taiwan and in China. We found that Chinese subjects in our experiments became less accepting of Confucian values, such that they became significantly more risk loving, less loss averse, and more impatient after being...

Persistent link: https://www.econbiz.de/10013073810

Behavioral Economic Phenomena in Decision-Making for Others

Ifcher, John - 2018

We examine whether biases identified in the behavioral-economics literature apply in decision-making for others (DMfO). We conduct a laboratory experiment in which subjects make decision on behalf of themselves and others in eighteen tasks that measure the following biases: present-bias in time...

Persistent link: https://www.econbiz.de/10012906522

The Effect of Language on Economic Behavior : Experimental Evidence from Children's Intertemporal Choices

Sutter, Matthias - 2015

According to Chen's (2013) linguistic-savings hypothesis, languages which grammatically separate the future and the present (like English or Italian) induce less future-oriented behavior than languages in which speakers can refer to the future by using present tense (like German). We complement...

Persistent link: https://www.econbiz.de/10013014019

The Effect of Perceived Regional Accents on Individual Economic Behavior : A Lab Experiment on Linguistic Performance, Cognitive Ratings and Economic Decisions

Heblich, Stephan - 2014

Does it matter if you speak with a regional accent? Speaking immediately reveals something of one's own social and cultural identity, be it consciously or unconsciously. Perceiving accents involves not only reconstructing such imprints but also augmenting them with particular attitudes and...

Persistent link: https://www.econbiz.de/10013043672

Using Ethical Dilemmas to Predict Antisocial Choices with Real Payoff Consequences : An Experimental Study

Dickinson, David L. - 2018

Anti-social behaviours are costly to organizations, and the ability to identify predictors of such behaviours can be valuable. In this paper, we used a within-subjects laboratory design to study choices in the well-known (hypothetical) Trolley problem as well as in a real payoff money-burning...

Persistent link: https://www.econbiz.de/10012915721

Cognitive Abilities and Behavioral Biases

Oechssler, Joerg; Roider, Andreas; Schmitz, Patrick W. - 2021

We use a simple, three-item test for cognitive abilities to investigate whether established behavioral biases that play … a prominent role in behavioral economics and finance are related to cognitive abilities. We find that higher test scores … on the Cognitive Reflection Test of Frederick (2005) indeed are correlated with lower incidences of the conjunction …

Persistent link: https://www.econbiz.de/10013324818

Conforming with Peers in Honesty and Cooperation

Isler, Ozan; Gaechter, Simon - 2022

Peer observation can influence social norm perceptions as well as behavior in various moral domains, but is the tendency to be influenced by and conform with peers domain-general? In an online experiment (N = 815), we studied peer effects in honesty and cooperation and tested the...

Persistent link: https://www.econbiz.de/10014083953

Behavioural Responses to Unfair Institutions : Experimental Evidence on Rule Compliance, Norm Polarisation, and Trust

Columbus, Simon; Feld, Lars P.; Kasper, Matthias; … - 2023

This study investigates the effects of unfair enforcement of institutional rules on public good contributions, personal and social norms, and trust. In a preregistered online experiment (n = 1,038), we find that biased institutions reduce rule compliance compared to fair institutions. However,...

Persistent link: https://www.econbiz.de/10014346014

Strategic Sophistication of Individuals and Teams in Experimental Normal-Form Games

Sutter, Matthias - 2010

We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games. Besides making choices, decision makers have to state their first- and second-order beliefs. We find that teams play the Nash strategy significantly more often, and their choices...

Persistent link: https://www.econbiz.de/10013148075

Strategic Sophistication of Adolescents : Evidence from Experimental Normal-Form Games

Czermak, Simon - 2010

We examine the strategic sophistication of adolescents, aged 10 to 17 years, in experimental normal-form games. Besides making choices, subjects have to state their first- and second-order beliefs. We find that choices are more often a best reply to beliefs if any player has a dominant strategy...

Persistent link: https://www.econbiz.de/10013141220

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