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Why are some people more optimistic about their life than others? Literature on locus of control suggests that optimism is associated with the belief that one's life outcomes are controlled by internal factors, such as ability, instead of external factors, such as powerful others or chance....
Persistent link: https://www.econbiz.de/10010266644
Why are some people more optimistic about their life than others? Literature on locus of control suggests that optimism is associated with the belief that one’s life outcomes are controlled by internal factors, such as ability, instead of external factors, such as powerful others or...
Persistent link: https://www.econbiz.de/10005051053
Our study analyzes theories of learning for strategic interactions in networks. Participants played two of the 2 x 2 … games used by Selten and Chmura (2008) and in the comment by Brunner, Camerer and Goeree (2009). Every participant played … against four neighbors and could choose a different strategy against each of them. The games were played in two network …
Persistent link: https://www.econbiz.de/10010286462
Our study analyzes theories of learning for strategic interactions in networks. Participants played two of the 2 x 2 … games used by Selten and Chmura (2008) and in the comment by Brunner, Camerer and Goeree (2009). Every participant played … against four neighbors and could choose a different strategy against each of them. The games were played in two network …
Persistent link: https://www.econbiz.de/10009318135
In a public goods experiment, subjects can vary over a period of stochastic length two contribution levels: one is publicly observable (their cheap talk stated intention), while the other is not seen by the others (their secret intention). When the period suddenly stops, participants are...
Persistent link: https://www.econbiz.de/10010275033
compensation scheme under both symmetric and asymmetric information about workers' actions, and we also derive conditions for our …
Persistent link: https://www.econbiz.de/10010281688
learning process of individuals with different preference types (more and less pro-social) and coarse information regarding the … opponent's past behavior. We manipulate the quality of information feedbacks provided after each play. If subjects rely only on … earlier nodes due to prediction errors. Aggregate information release decreases heterogeneity of behavior by increasing the …
Persistent link: https://www.econbiz.de/10011348202
A common feature of the literature on the evolution of preferences is that evolution favors nonmaterialistic preferences only if preference types are observable at least to some degree. We argue that this result is due to the assumption that in each state of the evolutionary dynamics some...
Persistent link: https://www.econbiz.de/10010281643
A common feature of the literature on the evolution of preferences is that evolution favors nonmaterialistic preferences only if preference types are observable at least to some degree. We argue that this result is due to the assumption that in each state of the evolutionary dynamics some...
Persistent link: https://www.econbiz.de/10009143374
Preference for control affects investment behavior. Participants of laboratory experiments invest different amount of money in a risky asset when face with two different methods of control which have identical payoff structure and probability distribution, but provide different sense of control....
Persistent link: https://www.econbiz.de/10010271187