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Several recent models of choice build on the idea that decision makers are more likely to choose an option if its attributes stand out compared to the attributes of the available alternatives. One example is the model of focusing by Köszegi and Szeidl (2013) where decision makers focus...
Persistent link: https://www.econbiz.de/10013208758
changing preferences and focusing attention. The resulting Limited Attention Status Quo Bias model can explain both the finding … of decision avoidance are inconsistent with the latter. We report the results of laboratory experiments which show that … both attention and preference channels are necessary to explain the impact of status quo on choice. …
Persistent link: https://www.econbiz.de/10011526710
We examine in controlled experiments how individuals make choices when faced withmultiple options. The choice tasks …
Persistent link: https://www.econbiz.de/10009302527
By now there is substantial experimental evidence that people make use of "moral wiggle room" (Dana et al., 2007), that is, they tend to exploit moral excuses for selfish behavior. However, this evidence is limited to dictator games. In our experiment, a trust game variant, we study whether...
Persistent link: https://www.econbiz.de/10011446176
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/10011576929
Interactions between players with private information and opposed interests are often prone to bad advice and inefficient outcomes, e.g. markets for financial or health care services. In a deception game we investigate experimentally which factors could improve advice quality. Besides advisor...
Persistent link: https://www.econbiz.de/10011881706
laboratory experiments, I provide causal evidence that demand for a product is lower if its customer base consists of individuals …
Persistent link: https://www.econbiz.de/10012315963
"undesirable" values. In laboratory experiments and surveys, I provide causal evidence that consumption can be diagnostic of …
Persistent link: https://www.econbiz.de/10013285524
We study the origins of support for gender-related affirmative action (AA) in two pre-registered online experiments (N … treatments to disentangle the preference for AA stemming from i) perceived gender differences in productivity, ii) beliefs about …, despite successfully altering beliefs about expected productivity differences. Our results suggest that AA choice reflects a …
Persistent link: https://www.econbiz.de/10013208898
An important line of recent literature has found gender differences in attitudes toward competition, with men being more likely to choose competitive incentive schemes, even when factors such as ability and risk aversion are controlled for. This paper examines the effect of information on the...
Persistent link: https://www.econbiz.de/10010276874