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Concessions try to avoid conflict in bargaining and can finally lead to an agreement. Although they usually are seen as unfolding in time, concessions can also be studied in normal form or by conditioning only on failure of earlier agreement attempts. We experimentally compare three protocols of...
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In the last decades, there has been a large volume of research showing that emotions do have relevant effects on …
Persistent link: https://www.econbiz.de/10010252392
We report on an experiment designed to explore whether a written expression of disapproval affects future levels of …
Persistent link: https://www.econbiz.de/10010405218
We investigate the influence of ethical feedback on decision-makers' behavior, focusing on the role of emotions in … mediating this relationship. We examine how emotions generated by ethical feedback impact subsequent decisions in a laboratory … mediated by emotions. This research is pioneering in linking emotions to ethical decisions in a controlled environment. The …
Persistent link: https://www.econbiz.de/10014467617
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During the last three decades the ascent of behavioral economics clearly helped to bring down artificial disciplinary boundaries between psychology and economics. Noting that behavioral economics seems still under the spell of the rational choice tradition and, indirectly, of behaviorism we...
Persistent link: https://www.econbiz.de/10003809939
Overweighting private information is often used to explain various detrimental decisions. In behavioral economics and finance, it is usually modeled as a direct consequence of misperceiving signal reliability. This bias is typically dubbed overconfidence and linked to the judgment literature in...
Persistent link: https://www.econbiz.de/10008669956
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/10008746951
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