Showing 1 - 10 of 174
This paper reviews the problems and potential benefits of integrating personality psychology into economics. Economists have much to learn from and contribute to personality psychology.
Persistent link: https://www.econbiz.de/10010280682
This paper investigates collective denial and willful blindness in groups, organizations and markets. Agents with anticipatory preferences, linked through an interaction structure, choose how to interpret and recall public signals about future prospects. Wishful thinking (denial of bad news) is...
Persistent link: https://www.econbiz.de/10010293122
This paper explores individual and contextual factors related to the development of hopeful attitudes during adolescence using a nationally representative study. A key focus is on the experiences of maltreatment by adults, both for the adolescent and his/her classmates. While all types of...
Persistent link: https://www.econbiz.de/10011873550
strongly associated with optimism, a stable facet of personality and that it predicts real-life risk taking. The general risk … why risk taking is related to optimism. …
Persistent link: https://www.econbiz.de/10011931607
We aim to understand the role and evolution of beliefs in the indefinitely repeated prisoner's dilemma (IRPD). To do so, we elicit beliefs about the supergame strategies chosen by others. We find that heterogeneity in beliefs and changes in beliefs with experience are central to understanding...
Persistent link: https://www.econbiz.de/10013426341
In this paper, we provide an explanation for why risk taking is related to optimism. Using a laboratory experiment, we … show that the degree of optimism predicts whether people tend to focus on the positive or negative outcomes of risky … behavior. This suggests that dispositional optimism may affect risk taking mainly by shifting attention to specific outcomes …
Persistent link: https://www.econbiz.de/10014296507
link locus of control to decision- making: (i) preference for agency; (ii) optimism and (iii) confidence regarding the … agency, an effect that is driven by women. We find no evidence that locus of control influences optimism and confidence about …
Persistent link: https://www.econbiz.de/10014296805
optimism/pessimism over probability distributions and for loss averse/gain loving stochastic reference dependence. I give …
Persistent link: https://www.econbiz.de/10012141336
This paper reports results from a unique two-stage experiment designed to examine the spillover effects of optimism and … pessimism. In stage 1, we induce optimism or pessimism onto subjects by randomly assigning a high or low piece rate for …
Persistent link: https://www.econbiz.de/10005822246
This paper investigates collective denial and willful blindness in groups, organizations and markets. Agents with anticipatory preferences, linked through an interaction structure, choose how to interpret and recall public signals about future prospects. Wishful thinking (denial of bad news) is...
Persistent link: https://www.econbiz.de/10010704406