Showing 1 - 10 of 11
This article explores the extent to which decision behavior is shaped by short-lived reactions to the outcome of the most recent decision. We inspected repeated decision-making behavior in two versions of each of two decision-making tasks, an individual task and a strategic one. By regressing...
Persistent link: https://www.econbiz.de/10008684439
Studies of the detection of change have commonly been concerned with individuals inspecting a system or a process, whose characteristics were fully determined by the researcher. We, instead, study the detection of change in the preferences - and hence the behavior - of others with whom an...
Persistent link: https://www.econbiz.de/10008684443
In many situations one has to choose between risky alternatives, knowing only one's past experience with those alternatives. Such decisions can be made in more – or less – benevolent settings or 'worlds'. In a 'good world', high payoffs are more frequent than low payoffs, and vice versa in a...
Persistent link: https://www.econbiz.de/10010617790
In performing skill-based tasks individuals often face a choice between easier, less demanding alternatives, but ones whose expected payoffs in case of success are lower, and difficult, more demanding alternatives whose expected payoffs in case of success are higher: What piece to play in a...
Persistent link: https://www.econbiz.de/10010617801
In two experiments, we explored how the perspective through which individuals view their decisions influences their moral behavior. To do this we employed a computerized “Is that the answer you had in mind?” trivial-pursuit style game. The game challenges individuals’ integrity because...
Persistent link: https://www.econbiz.de/10010617808
When two agents of unequal strength compete, the stronger one is expected to always win the competition. This expectation is based on the assumption that evaluation of performance is flawless. If, however, the agents are evaluated on the basis of only a small sample of their performance, the...
Persistent link: https://www.econbiz.de/10005752843
Even with ample time and data at their disposal, people often make do with small samples, which increases their risk of making the wrong decision. A theoretical analysis indicates, however, that when the decision involves selecting among competing, adaptive agents who are eager to be selected,...
Persistent link: https://www.econbiz.de/10005596263
Regularities in the environment are used to decide what course of action to take and how to prepare for future events. Here we focus on the utilization of regularities for prediction and argue that the commonly considered measure of regularity - the strength of the contingency between antecedent...
Persistent link: https://www.econbiz.de/10005596274
Although the fact that the eye is moving constantly has been known for a long time, the role of fixational eye movements (FEM) is still in dispute. Whatever their role, it is structurally clear that, since the eye is a ball, the size of these movements diminishes for locations closer to the...
Persistent link: https://www.econbiz.de/10005596282
The paper reports a perceptual asymmetry for the two diagonals that is related to gender such that females prefer the diagonal spanning from top-right to bottom left (/) while males the opposite one (\). This relationship is observed in a variety of tasks: Aesthetic judgment of paintings,...
Persistent link: https://www.econbiz.de/10005585346