Showing 1 - 10 of 44
consistent with the rationality criterion. In contrast, Chapters 3, 4 and 5 take a behavioral approach to decisions under … assumptions of expected utility theory and the basic rationality requirement of consistency with first-order stochastic dominance … by a systematic bias instead of a private information advantage. Contradicting the rationality postulate and ruled out …
Persistent link: https://www.econbiz.de/10009759716
Persistent link: https://www.econbiz.de/10002741373
Persistent link: https://www.econbiz.de/10002474995
Persistent link: https://www.econbiz.de/10012624993
Persistent link: https://www.econbiz.de/10011804654
Persistent link: https://www.econbiz.de/10013443074
Both theory and recent empirical evidence on nudging suggest that observability of behavior acts as an instrument for promoting (discouraging) pro-social (anti-social) behavior. Our study questions the universality of these claims. We employ a novel four-party setup to disentangle the roles that...
Persistent link: https://www.econbiz.de/10011998007
Both theory and recent empirical evidence on nudging suggest that observability of behavior acts as an instrument for promoting (discouraging) pro-social (anti-social) behavior. We connect three streams of literature (nudging, social preferences, and social norms) to investigate the universality...
Persistent link: https://www.econbiz.de/10012158705
Reducing criminal acts in society is a crucial duty of governments. Establishing punishment structures to attain this goal involves high costs. Typically, both theorists and practitioners resort to the adjustment of severity and/or certainty of punishment as effective deterrents of criminal...
Persistent link: https://www.econbiz.de/10011745785
Persistent link: https://www.econbiz.de/10001760275