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Previous research on public-good games revealed greater contributions by fast decision-makers than by slow decision-makers. Interpreting greater contributions as generosity, this has been seen as evidence of generosity being intuitive. We caution that fast decisions are more prone to error, and...
Persistent link: https://www.econbiz.de/10012925616
making ; choice behavior ; public goods ; experimental economics ; altruism ; fairness ; conditional reciprocity …
Persistent link: https://www.econbiz.de/10008697050
Economists have been theorizing that other-regarding preferences influence decision making. Yet, what are the corresponding psychological mechanisms that inform these preferences in laboratory games? Empathy and Theory of Mind (ToM) are dispositions considered to be essential in social...
Persistent link: https://www.econbiz.de/10003980496
This paper analyzes how moral costs affect individual support of morally difficult group decisions. We study a threshold public good game with moral costs. Motivated by recent empirical findings, we assume that these costs are heterogeneous and consist of three parts. The first one is a standard...
Persistent link: https://www.econbiz.de/10011567880
Persistent link: https://www.econbiz.de/10012138437
We investigate violations of consequentialism in the form of the stochastic dominance property. The property is shared by many theories of choice and implies that the decision-maker prefers receiving the best outcome for sure over all lotteries that involve multiple outcomes. We run experiments...
Persistent link: https://www.econbiz.de/10009681824
Whether, and if so, how exactly gender differences are manifested in moral judgment has recently been at the center of much research on moral decision making. Previous research suggests that women are more deontological than men in personal, but not impersonal, moral dilemmas. However, typical...
Persistent link: https://www.econbiz.de/10012955391
We use a simple cost-benefit analysis to derive optimal similarity judgments - addressing the question: when should we expect a decision maker to distinguish between different time periods or different prizes? Our key premise is that cognitive resources are costly and are to be deployed only...
Persistent link: https://www.econbiz.de/10012058613
resist temptation. Our evidence comes from a food choice experiment that we conducted with comparable participant pools of …
Persistent link: https://www.econbiz.de/10013109899
experiment, we deconstruct the expected value with variance and skewness of a lottery with Bernoulli distribution to examine the …
Persistent link: https://www.econbiz.de/10013323549