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Psychological game theory can provide rational-choice-based framing effects; frames influence beliefs, beliefs …
Persistent link: https://www.econbiz.de/10010277474
We present experimental evidence which sheds new light on why women may be less competitive than men. Specifically, we observe striking differences in how men and women respond to good and bad luck in a competitive environment. Following a loss, women tend to reduce effort, and the effect is...
Persistent link: https://www.econbiz.de/10010269929
On the basis of problems related to asymmetric information, self-governance has been proposed and often empirically found to be superior to the external imposition of rules in social dilemma situations. The present paper suggests and experimentally analyses a different line of argument, namely...
Persistent link: https://www.econbiz.de/10010324002
Jerusalem (Israel), we test for a presentation bias in a two-person cooperation game. In the positive frame of the game, a …, no framing effect is observed. These findings are also reflected in associated first-order beliefs. We argue that …
Persistent link: https://www.econbiz.de/10010270441
Psychological game theory can provide rational-choice-based framing effects; frames influence beliefs, beliefs …
Persistent link: https://www.econbiz.de/10010293368
Psychological game theory can help provide a rational choice explanation of framing effects; frames influence beliefs …
Persistent link: https://www.econbiz.de/10010265677
study, we investigate whether social framing effects are also present when only one of the subjects makes a decision, in … which case the frame may only affect preferences. We find that behavior is insensitive to social framing. …
Persistent link: https://www.econbiz.de/10010286337
We use a simple, three-item test for cognitive abilities to investigate whether established behavioral biases that play … a prominent role in behavioral economics and finance are related to cognitive abilities. We find that higher test scores … on the Cognitive Reflection Test of Frederick (2005) indeed are correlated with lower incidences of the conjunction …
Persistent link: https://www.econbiz.de/10011422177
This paper investigates how Confucianism affects individual decision making in Taiwan and in China. We found that Chinese subjects in our experiments became less accepting of Confucian values, such that they became significantly more risk loving, less loss averse, and more impatient after being...
Persistent link: https://www.econbiz.de/10010329049
We use a simple, three-item test for cognitive abilities to investigate whether established behavioral biases that play … a prominent role in behavioral economics and finance are related to cognitive abilities. We find that higher test scores … on the Cognitive Reflection Test of Frederick (2005) indeed are correlated with lower incidences of the conjunction …
Persistent link: https://www.econbiz.de/10010269260