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deliberate has evolved for good reason. But on many more tasks than one might think at first sight, intuitive decision-making, or …
Persistent link: https://www.econbiz.de/10014221658
Donors may often not be sure whether a recipient really deserves their help. Does this uncertainty deter generosity? In an experiment we find that, to the contrary, under most specifications of uncertainty, dictators give more, compared with the donation the same dictator makes to a recipient...
Persistent link: https://www.econbiz.de/10011349370
From the perspective of competitors, competition may be modeled as a prisoner's dilemma. Setting the monopoly price is cooperation, undercutting is defection. Jointly, competitors are better off if both are faithful to a cartel. Individually, profit is highest if only the competitor(s) is (are)...
Persistent link: https://www.econbiz.de/10008822475
Donors may often not be sure whether a recipient really deserves their help. Does this uncertainty deter generosity? In an experiment we find that, to the contrary, under most specifications of uncertainty, dictators give more, compared with the donation the same dictator makes to a recipient...
Persistent link: https://www.econbiz.de/10013013735
constraint satisfaction models for legal decision making, findings indicate that role induced bias is driven by coherence effects …
Persistent link: https://www.econbiz.de/10014191303
From the perspective of competitors, competition may be modeled as a prisoner's dilemma. Setting the monopoly price is cooperation, undercutting is defection. Jointly, competitors are better off if both are faithful to a cartel. Individually, profit is highest if only the competitor(s) is (are)...
Persistent link: https://www.econbiz.de/10010281843
Individuals often have to decide to which degree of risk they want to expose others, or how much risk to accept if … Socio-Economic Panel with two members from 494 households. Participants have a good estimate of each other's risk … household member, but shy away from exposing others to risk. We model the situation, and we find four distinct types of …
Persistent link: https://www.econbiz.de/10011977828
Individuals often have to decide to which degree of risk they want to expose others, or how much risk to accept if … Socio-Economic Panel with two members from 494 households. Participants have a good estimate of each other's risk … household member, but shy away from exposing others to risk. We model the situation, and we find four distinct types of …
Persistent link: https://www.econbiz.de/10011957498
lab experimental practice: In one task, attitude towards risk is measured, in another task participants behave in a way … that can possibly be explained by their risk attitude. How should we deal with inconsistent behaviour in the risk task …
Persistent link: https://www.econbiz.de/10011562619
lab experimental practice: In one task, attitude towards risk is measured, in another task participants behave in a way … that can possibly be explained by their risk attitude. How should we deal with inconsistent behaviour in the risk task …
Persistent link: https://www.econbiz.de/10011516657