Showing 1 - 10 of 13,166
This paper reviews some of the economic experimental evidence on conformism. There is nothing to match the early psychology experiments where subjects were often swayed by the behaviour of others to an extraordinary degree, but there is plenty of evidence of conformism. This seems built-in to...
Persistent link: https://www.econbiz.de/10010230894
bounded rationality. Experimentally observed choice behavior in various decision tasks is used to assess heterogeneity in how …-irrelevant, categorizing decision types relies on parameter dependence and choice adaptations. We find that most participants reduce …
Persistent link: https://www.econbiz.de/10012945510
this paper, we study the impact of providing personalized information on health plan choices in a laboratory experiment. We … longer-lasting if individuals are distracted from their original task. In addition to providing decision support, receiving …
Persistent link: https://www.econbiz.de/10011857122
attention only to specific cells. Our results suggest that subjects apply boundedly rational decision heuristics that involve … best responding to a simplification of the decision problem, obtained either by ignoring the other players' motivations or …
Persistent link: https://www.econbiz.de/10009709528
. Over time, participants adapt to changes in tier structure in the direction predicted by theory. Risk aversion partly …
Persistent link: https://www.econbiz.de/10013115508
agents, allowing them to plan optimally. This experiment tests a somewhat implicit assumption of the Rolling Model, or of … planning horizons. Moreover, this hypothesis is tested in the cases of decision making under certainty, risk and uncertainty … deviations are considered, results are confirmed only in the case of decision making under uncertainty. This second finding has …
Persistent link: https://www.econbiz.de/10013096664
According to the Terror Management Theory, the fear of death may induce anxiety and threaten individual self-esteem. To …
Persistent link: https://www.econbiz.de/10011730443
The thought of one's own death induces anxiety and threatens self-esteem. According to Terror Management Theory, to …
Persistent link: https://www.econbiz.de/10011715852
actions. The paper presents results from two experiments that distinguish the role of perceived motives in reciprocal decision …
Persistent link: https://www.econbiz.de/10012954733
Persistent link: https://www.econbiz.de/10013501438