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disposition based on self-efficacy, self-esteem, locus of control, and emotional stability-that has been found impacting decision …-leadership are more prone to be victims of some cognitive biases in decision-making processes, such as the internal attribution of … of CSE and self-leadership as not always being desirable for managerial decision-making processes and consequent …
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We explore the influence of cognitive ability and judgment on strategic behavior in the beauty contest game (where the Nash equilibrium action is zero). Using the level-k model of bounded rationality, cognitive ability and judgment both predict higher level strategic thinking. However,...
Persistent link: https://www.econbiz.de/10014584425
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)...
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Recent research is exploring the case for cognitive or post-decision dissonance using the free-choice paradigm of Brehm … choice against a different alternative item. This tendency is interpreted as evidence for cognitive or post-decision … dissonance. I argue that this interpretation of the evidence is invalid. Furthermore, I report a novel experiment in which …
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methodology, we conducted a laboratory experiment that allowed us to isolate behavioral biases and personality traits and measure … their influence on investors' decision-making processes. The participants filled out questionnaires containing two parts: 1 …
Persistent link: https://www.econbiz.de/10011392293