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Persistent link: https://www.econbiz.de/10010388558
Using illustrations from research on inequality, this paper offers evidence on the strengths of 'behavioural synthesis', i.e. the reconciliation between neoclassical and behavioural economics. We compare how theoretical models of absolute and relative inequality have evolved from assumptions of...
Persistent link: https://www.econbiz.de/10012509292
The conflict between pro-self and pro-social behaviour is at the core of many key problems of our time, as, for example, the reduction of air pollution and the redistribution of scarce resources. For the well-being of our societies, it is thus crucial to find mechanisms to promote pro-social...
Persistent link: https://www.econbiz.de/10012900728
Policy interventions are generally evaluated for their direct effectiveness. Little is known about their ability to persist over time and spill across contexts. These latter aspects can reinforce or offset the direct impacts depending on the policy instrument choice. Through an online experiment...
Persistent link: https://www.econbiz.de/10012970820
impulses? I investigated the role of intuition and deliberation in cooperation by meta-analyzing 67 studies in which cognitive …-processing manipulations were applied to economic cooperation games (total N = 17,647; no indication of publication bias using Egger's test … favors behavior that typically maximizes payoffs, whereas deliberation favors behavior that maximizes one's payoff in the …
Persistent link: https://www.econbiz.de/10012991568
advantageous in everyday life, leading to the formation of generalized cooperative intuitions. Deliberation, by contrast, adjusts …
Persistent link: https://www.econbiz.de/10014160699
Contrary to claims by Gul and Pesendorfer (2008), I show that standard economics makes use of non-choice evidence in a meaningful way. This is because standard economics solely grounded in the theory of choice is "incomplete". That is, it has content that can not be revealed with any general...
Persistent link: https://www.econbiz.de/10003894920
coincide with a preference for commitment or dynamically inconsistent preferences. Present-bias is a special case of present …
Persistent link: https://www.econbiz.de/10014023383
's presence. Monetary incentives reduce the average bias to one-third of its original value. Additionally, the average anchor bias … abilities are on average less biased toward the anchor when task complexity is high. The anchoring bias in our repeated game is …
Persistent link: https://www.econbiz.de/10009777356
degree of bias due to selection neglect increases when other decision makers become more informed, or become more rational …
Persistent link: https://www.econbiz.de/10011982107