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This study analyses the behavioural response of travellers on a temporal reduction of public transport prices in Germany through the so-called 9 Euro Ticket during summer 2022. The focus is on the inertia effect, e.g. the resistance to change behaviour, on people's travel mode decisions for...
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We use novel data on individual activity in a sports betting market to study the effect of past performance sequences on individual behavior in a real market. The revelation of fundamental values in this market enables us to disentangle whether behavior is caused by sentiment or by superior...
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experimentally test three competing theories of GF and HHF: probability bias, randomized choice, and bounded rationality. We find … the classical method suggests about 51% (48%). We show that probability bias, randomized choice, and bounded rationality …
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identity (in-group bias). While both phenomena involve some degree of discrimination towards others, a systematic study of … games with either an in-group or an out-group member. Wend strong evidence of in-group bias when agents are matched … matching. -- In-Group Bias ; Homophily ; Endogenous Matching ; Experiments ; Game Theory …
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