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In his paper Emotion and reasoning in human decision-making (Economics Discussion Papers, No 2019-8) Edmund Rolls …
Persistent link: https://www.econbiz.de/10012035104
If choices depend on the decision maker's mood, is the attempt to derive any consistency in choice doomed? In this …
Persistent link: https://www.econbiz.de/10003976547
Persistent link: https://www.econbiz.de/10014320380
Two systems in the brain that are involved in emotional and economic decision-making are described. The first is an … which cannot be simultaneously optimized. The second route to decision-making involves reasoning, in which it is assumed … decision-making are described. In macroeconomics, it is assumed that the economy behaves like one “representative” agent who …
Persistent link: https://www.econbiz.de/10012105103
Two systems in the brain that are involved in emotional and economic decision-making are described. The first is an … which cannot be simultaneously optimized. The second route to decision-making involves reasoning, in which it is assumed … decision-making are described. In macroeconomics, it is assumed that the economy behaves like one "representative" agent who …
Persistent link: https://www.econbiz.de/10011964229
Economists have been theorizing that other-regarding preferences influence decision making. Yet, what are the …
Persistent link: https://www.econbiz.de/10003980496
We conduct experiments in which participants made multiple intertemporal decisions throughout a seven week period. In addition to exploring dynamic consistency and the stability of single period discount rates, our experiments introduce a manipulation to identify the role of positive and...
Persistent link: https://www.econbiz.de/10012777271
We test the effects of dual processing differences in both individual traits and decision states on risk taking. In an … emotion or reason, while simultaneously measuring individual decision-making traits. Our results show that decision …
Persistent link: https://www.econbiz.de/10012118611
This paper seeks to contribute to institutional theory by providing it with a stronger basis in cognitive and affective psychology. We organise this contribution around the central question of what psychological preconditions must exist for institutions to determine behaviour and order our...
Persistent link: https://www.econbiz.de/10014116502
Emotions have a strong impact on our everyday lives in general and judgment and decision making in particular. Our …
Persistent link: https://www.econbiz.de/10012897949