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bonus contracts, which builds on a model of attentional focusing. Our main result identifies market conditions under which …
Persistent link: https://www.econbiz.de/10011917562
Persistent link: https://www.econbiz.de/10012238075
We propose a model of competitive attention based on two key premises: i) People have limited information processing …
Persistent link: https://www.econbiz.de/10012513583
We propose a model of competitive attention based on two key premises: i) People have limited information processing …
Persistent link: https://www.econbiz.de/10012510634
Focusing theory hypothesizes a bias toward concentration according to which consumers prefer goods with one outstanding … feature over those with several smaller sized upsides. In contrast to models of present-biased behavior, focusing theory … focusing theory. …
Persistent link: https://www.econbiz.de/10011588687
Focusing theory hypothesizes a bias toward concentration according to which consumers prefer goods with one outstanding … feature over those with several smaller sized upsides. In contrast to models of present-biased behavior, focusing theory … focusing theory. …
Persistent link: https://www.econbiz.de/10011433413
Many intertemporal trade-offs are unbalanced: while the advantages of options are concen- trated in a few periods, the disadvantages are dispersed over numerous periods. We provide novel experimental evidence for 'concentration bias', the tendency to overweight advantages that are concentrated...
Persistent link: https://www.econbiz.de/10012603357
Focusing theory hypothesizes a bias toward concentration according to which consumers prefer goods with one outstanding … feature over those with several smaller sized upsides. In contrast to models of present-biased behavior, focusing theory … focusing theory. …
Persistent link: https://www.econbiz.de/10011433396
Focusing theory hypothesizes a bias toward concentration according to which consumers prefer goods with one outstanding … feature over those with several smaller sized upsides. In contrast to models of present-biased behavior, focusing theory … focusing theory. …
Persistent link: https://www.econbiz.de/10011492200
Many intertemporal trade-offs are unbalanced: while the advantages of options are concen- trated in a few periods, the disadvantages are dispersed over numerous periods. We provide novel experimental evidence for “concentration bias”, the tendency to overweight advantages that are...
Persistent link: https://www.econbiz.de/10012499569