Showing 1 - 10 of 21
How does the increasing publicness of decisions (due, for example, to social media) affect the total costs of social signaling distortions? While pervasive signaling may induce pervasive distortions, it may also permit people to signal while distorting each choice to a smaller degree....
Persistent link: https://www.econbiz.de/10014536949
We investigate how individuals think groups should aggregate members' ordinal preferences - that is, how they interpret "the will of the people." In an experiment, we elicit revealed attitudes toward ordinal preference aggregation and classify subjects according to the rules they apparently...
Persistent link: https://www.econbiz.de/10012631631
We investigate the nature of social preferences when a decision maker's information is limited to group members' ordinal rankings. By studying choices made on behalf of others, we identify social choice rules that embody the normative values decision makers implicitly favor. Few people are...
Persistent link: https://www.econbiz.de/10014468187
We study experimentally when, why, and how people intervene in others’ choices. Choice Architects (CAs) construct opportunity sets containing bundles of time-indexed payments for Choosers. CAs frequently prevent impatient choices despite opportunities to provide advice, believing Choosers...
Persistent link: https://www.econbiz.de/10012052868
We investigate how individuals think groups should aggregate members' ordinal preferences -that is, how they interpret "the will of the people." In an experiment, we elicit revealed attitudes toward ordinal preference aggregation and classify subjects according to the rules they apparently...
Persistent link: https://www.econbiz.de/10012658023
Intra-familial conflict which arises from individual consumption choices in an environment characterized by mutual altruism and direct consumption externalities results in parents receiving from their children less than the desired level of attention. Parents adopt a joint bequest-fertility...
Persistent link: https://www.econbiz.de/10014001233
Persistent link: https://www.econbiz.de/10010332116
Persistent link: https://www.econbiz.de/10010332110
We analyze the optimal policy of an antitrust authority towards horizontal mergers when merger proposals are endogenous and firms choose which of several mutually exclusive mergers to propose. The optimal policy of an antitrust authority that seeks to maximize expected consumer surplus involves...
Persistent link: https://www.econbiz.de/10010332125
We consider Bayesian incentive-compatible mechanisms with independent types and either private values or interdependent values that satisfy a form of "congruence." We show that in these settings, interim participation constraints are satisfied when the status quo is the randomized allocation...
Persistent link: https://www.econbiz.de/10011599440