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We study the attitudes of junior and senior employees towards strategic uncertainty and competition, by means of a …-strategic uncertainty and for beliefs on others’ competitiveness and ability. Social image matters, as evidenced by the fact that seniors … stereotype of risk averse and less competitive older employees. …
Persistent link: https://www.econbiz.de/10010858028
We study the attitudes of junior and senior employees towards strategic uncertainty and competition, by means of a …-strategic uncertainty and for beliefs on others' competitiveness and ability. Social image matters, as evidenced by the fact that seniors … stereotype of risk averse and less competitive older employees. …
Persistent link: https://www.econbiz.de/10010884197
towards strategic uncertainty and competition. Seniors exhibit higher entry rates compared to juniors, especially when the … controlling for attitudes towards non-strategic uncertainty and for beliefs on others' competitiveness and on relative ability …
Persistent link: https://www.econbiz.de/10010665916
We experimentally investigate a ?nitely repeated public good game with varying partners. Within each period, participants are pairwise matched and contribute simultaneously. Participants are informed about contributions and each participant evaluates her partner’s contribution. At the...
Persistent link: https://www.econbiz.de/10010561574
The ''hot stove effect'' has been studied for repeated-play decision making under uncertainty (also referred to as … effect is strong in repeated-play decision making under uncertainty, while other studies have found that the effect is weak …-play decision making under ambiguity. The current experiment involves an ambiguity treatment in which (1) the participants perform …
Persistent link: https://www.econbiz.de/10008459812
Financial, managerial, and medical decisions often involve alternatives whose possible outcomes have uncertain probabilities. In contrast to alternatives whose probabilities are known, these uncertain alternatives offer the benefits of learning. In repeat-choice situations, such learning brings...
Persistent link: https://www.econbiz.de/10011049682
Several factors affect attitudes toward ambiguity. What happens, however, when people are asked to exchange an …
Persistent link: https://www.econbiz.de/10010547457
This paper presents experimental evidence about how individuals learn from information that comes from inside versus outside their ethnic group. In the experiment, Thai subjects observed information that came from Americans and other Thais that they could use to help them answer a series of...
Persistent link: https://www.econbiz.de/10005125584
How do individuals’ beliefs respond to ego-relevant information? After receiving noisy, but unbiased performance feedback, participants in an experiment overestimate their own scores on a quiz and believe their feedback to be ‘unlucky’, estimating that it under-represents their score by...
Persistent link: https://www.econbiz.de/10011048066
economic literature. In this paper we explore whether individual decision making under risk is affected by the cost of the …
Persistent link: https://www.econbiz.de/10011256591