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Persistent link: https://www.econbiz.de/10004074733
Rationality is a complex behavioral theory that can be parsed into statements about preferences, perceptions, and … process. This paper looks at the evidence on rationality that is provided by behavioral experiments, and argues that most … least with rationality narrowly defined. The paper discusses how these cognitive anomalies influence economic behavior and …
Persistent link: https://www.econbiz.de/10005837711
Businesses that rely heavily on cash transactions have been found to be particularly susceptible to low tax ethics. Recent research indicates that cash is a highly powerful and tempting reward, which elicits a strong emotional response. In this article, we investigate how emotions affect tax...
Persistent link: https://www.econbiz.de/10010868396
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This is a response to Michael Macy's contribution to the JASSS Forum, Social Order in Artificial Worlds.
Persistent link: https://www.econbiz.de/10005518519
This paper evaluates the rationality of anger in the light of a standard notion of economic rationality. Whether anger …
Persistent link: https://www.econbiz.de/10005462983
Persistent link: https://www.econbiz.de/10005040758
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The paper critically discusses the issue of rationality and choices in economics in both the behavioural and … the analysis of economic choices, showing the limits of rationality. On the other hand, the work offers a reinterpretation … single and undifferentiated thought, locked into the idea of perfect rationality, but, on the opposite, is a discipline that …
Persistent link: https://www.econbiz.de/10009418485
This paper tests whether changes in “incidental emotions” lead to changes in economic choices. Incidental emotions are experienced at the time of an economic decision but are not part of the payoff from a particular choice. As such, the standard economic model predicts that incidental...
Persistent link: https://www.econbiz.de/10011213706