Showing 1 - 10 of 354
We examine in an experiment the causes, consequences and possible cures of myopic loss aversion (MLA) for investment …
Persistent link: https://www.econbiz.de/10010263857
Humans make decisions jointly with others. They share responsibility for the outcome with their interaction partners. Today, more and more often the partner in a decision is not another human but, instead, a machine. Here we ask whether the type of the partner, machine or human, affects our...
Persistent link: https://www.econbiz.de/10011985509
We identify the causal effect of cognitive abilities on economic behavior in an experimental setting. Using a forecasting task with varying cognitive load, we identify the causal effect of working memory on subjects' forecasting performance, while also accounting for the effect of other...
Persistent link: https://www.econbiz.de/10009391901
We examine in an experiment the causes, consequences and possible cures of myopic loss aversion (MLA) for investment …
Persistent link: https://www.econbiz.de/10005090568
This paper investigates whether language priming activates different cultural identities and norms associated with the … language communicated; bilingual subjects are given Chinese instructions in the Chinese treatment and English instructions in … hypothesis that languages are associated with cultural frames and that communicating in a particular language increases the …
Persistent link: https://www.econbiz.de/10010286480
We analyze reciprocal behavior when moral wiggle room exists. Dana et al. (2007) show that giving in a dictator game is only partly due to distributional preferences as the giving rate drops when situational excuses for selfish behavior are provided. Our binary trust game closely follows their...
Persistent link: https://www.econbiz.de/10011580465
We conduct a modified dictator game in order to analyze the role self-image concerns play in other-regarding behavior. While we generally follow Konow (2000), a cognitive dissonance-based model of other-regarding behavior in dictator games, we relax one of its assumptions as we allow for...
Persistent link: https://www.econbiz.de/10010500163
explained by avoiding cognitive dissonance as in Konow (2000). Our experiment's choice data is in line with this approach. In …
Persistent link: https://www.econbiz.de/10010281645
model based on cognitive dissonance that focuses on the importance of self-image. An experiment (a dictator game variant …
Persistent link: https://www.econbiz.de/10010281679
We study time preferences in a real-effort experiment with a one-month horizon. We report that two thirds of choices …
Persistent link: https://www.econbiz.de/10010286447