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In this paper, we run a series of experiments in order to investigate one possible cause of inconsistency in people’s behavior and concerns regarding online privacy. Even though individuals claim that privacy is very important, many end up revealing considerable private information in online...
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The authors review studies conducted by themselves and coauthors that document a 'self-serving' bias in judgments of fairness and demonstrate that the bias is an important cause of impasse in negotiations. They discuss experimental evidence showing that (1) the bias causes impasse; (2) it is...
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Neuroeconomics uses knowledge about brain mechanisms to inform economic analysis, and roots economics in biology. It opens up the "black box" of the brain, much as organizational economics adds detail to the theory of the firm. Neuroscientists use many tools— including brain imaging, behavior...
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