Showing 1 - 8 of 8
Persistent link: https://www.econbiz.de/10009244676
In this paper we propose a theory of cognitive dissonance through imperfect memory. Cognitive dissonance is the tendency of a person to engage in self justification after a decision. We offer an interpretation of the single decision cognitive dissonance experiments: an agent has an unknown cost...
Persistent link: https://www.econbiz.de/10003710369
In this paper we show how imperfect memory can imply a preference for increasing payments. We model an agent making a decision regarding effort in two periods where the cost of effort is imperfectly known. Before making the first decision, the agent receives a signal related to the cost of...
Persistent link: https://www.econbiz.de/10003879424
In this paper we show how imperfect memory can imply a preference for increasing payments. We model an agent making a decision regarding effort in two periods where the cost of effort is imperfectly known. Before making the first decision, the agent receives a signal related to the cost of...
Persistent link: https://www.econbiz.de/10010282860
Persistent link: https://www.econbiz.de/10003910520
In this paper we show how imperfect memory can imply a preference for increasing payments. We model an agent making a decision regarding effort in two periods where the cost of effort is imperfectly known. Before making the first decision, the agent receives a signal related to the cost of...
Persistent link: https://www.econbiz.de/10012723575
Persistent link: https://www.econbiz.de/10012250752
In this paper we propose a theory of cognitive dissonance through imperfect memory. Cognitive dissonance is the tendency of a person to engage in self justification after a decision. We offer an interpretation of the single decision cognitive dissonance experiments: an agent has an unknown cost...
Persistent link: https://www.econbiz.de/10012729428