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Competition and well-being
Brandts, Jordi; Riedl, Arno; Winden, Frans A. A. M. van - 2004
We study the effects of competition in a context in which people's actions can not be contractually fixed. We find that in such an environment the very presence of competition does neither increase efficiency nor does it yield any payoff gains for the short side of the market. We also find that...
Persistent link: https://www.econbiz.de/10011335225
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Still in search of the sunk cost bias
Negrini, Marcello; Riedl, Arno; Wibral, Matthias - 2020
Persistent link: https://www.econbiz.de/10012298379
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Still in search of the sunk cost bias
Negrini, Marcello; Riedl, Arno; Wibral, Matthias - 2020
psychological channels underlying such a bias is scarce. We present a laboratory experiment designed to investigate the sunk cost …
Persistent link: https://www.econbiz.de/10012299784
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Sunk cost in investment decisions
Negrini, Marcello; Riedl, Arno; Wibral, Matthias - In: Journal of economic behavior & organization : JEBO 200 (2022), pp. 1105-1135
Persistent link: https://www.econbiz.de/10013389381
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Emotions and economic shocks in a first-price auction
Bosman, Ronald; Riedl, Arno - 2003
We investigate experimentally whether emotions affect bidding behavior in a firstprice auction. To induce emotions, we … between emotions andbidding behavior in a second auction series. Our main results are: (i) the economic shock has asubstantial … impact on the experienced emotions of bidders; (ii) the emotional statesystematically influences bidding behavior. In …
Persistent link: https://www.econbiz.de/10011333886
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Emotions and Economic Shocks in a First-Price Auction
Bosman, Ronald; Riedl, Arno - Tinbergen Instituut - 2003
We investigate experimentally whether emotions affect bidding behavior in a firstprice auction. To induce emotions, we … between emotions andbidding behavior in a second auction series. Our main results are: (i) the economic shock has asubstantial … impact on the experienced emotions of bidders; (ii) the emotional statesystematically influences bidding behavior. In …
Persistent link: https://www.econbiz.de/10011255774
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Emotions and Economic Shocks in a First-Price Auction
Bosman, Ronald; Riedl, Arno - Tinbergen Institute - 2003
We investigate experimentally whether emotions affect bidding behavior in a first price auction. To induce emotions, we … between emotions and bidding behavior in a second auction series. Our main results are: (i) the economic shock has a … substantial impact on the experienced emotions of bidders; (ii) the emotional state systematically influences bidding behavior. In …
Persistent link: https://www.econbiz.de/10005137109
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Emotionen bestimmen wirtschaftliches Handeln : experimentelle Befunde
Riedl, Arno - In: Jahrbuch normative und institutionelle Grundfragen der … 2 (2003), pp. 191-216
Persistent link: https://www.econbiz.de/10001756394
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Emotions and economic shocks in first-price auction : an experimental study
Bosman, Ronald; Riedl, Arno - 2003
Persistent link: https://www.econbiz.de/10001792640
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Emotions and Economic Shocks in a First-Price Auction : An Experimental Study
Riedl, Arno; Bosman, Ronald - 2003
We investigate experimentally whether emotions affect bidding behavior in a first price auction. To induce emotions, we … between emotions and bidding behavior in a second auction series. Our main results are: (i) the economic shock has a … substantial impact on the experienced emotions of bidders; (ii) the emotional state systematically influences bidding behavior …
Persistent link: https://www.econbiz.de/10014030294