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In this study we test predictions from Unconscious Thought Theory (UTT) that unconscious thought will lead to better … decision making in complex decision tasks relative to conscious thought. Different from prior work testing this prediction, we … processing in complex decision making …
Persistent link: https://www.econbiz.de/10012979447
learning model with the theory of rational inattention introduced by Sims (2006). In the model firms optimally allocate …
Persistent link: https://www.econbiz.de/10013135991
to a better understanding of the role of cognitive skills in decision making under uncertainty …
Persistent link: https://www.econbiz.de/10013085047
experiments designed to test the ways in which incentive mechanisms influence the use of a particular heuristic in decision …When making judgments, individuals often utilize heuristics to interpret information. We report on a series of … individuals preparing for an exam (the proportion heuristic). More importantly the extent to which this information influences …
Persistent link: https://www.econbiz.de/10013316971
and epidemiologic evidence linking air pollution, cognition performance and real-world decision making, we first …, and educational attainment. We further extend to a review of real-world decision making that has been found to be affected … have to be made. The decision-making process can be vulnerable to environmental stressors. Summarizing the growing economic …
Persistent link: https://www.econbiz.de/10012907831
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
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)...
Persistent link: https://www.econbiz.de/10013324818
endogeneity of the temporary migration decision, an overseas returnee is more likely to become an entrepreneur than a non …
Persistent link: https://www.econbiz.de/10013154977
I develop a dynamic model of forward-looking entrepreneurs, who decide whether to operate in the formal economy or informal economy and choose how much to invest in their businesses, taking government policy as given. The government has access to two policy tools: taxes on formal business...
Persistent link: https://www.econbiz.de/10012979858
methodology that combines institutions and human agency into an interdependent system, applying the configuration theory. We argue …
Persistent link: https://www.econbiz.de/10013042995