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This study investigates the framing effect of experiments that conducted among students. The main aim of this work is to show the results of an experiment conducted in Turkey how could affect behavior of subjects who were students in banking and insurance business studies department. By...
Persistent link: https://www.econbiz.de/10010460138
We synthesize and discuss the available knowledge on the role of human cognition biases for sustainability and sustainable behavior. Human cognition biases are defined as any deviation in decision making from the standard framework of rational choice. We distinguish between biases in individual...
Persistent link: https://www.econbiz.de/10012853272
We investigate the effect of group versus individual decision-making in the context of risky investment decisions in which all subjects are fully informed of the probabilities and payoffs. Although there is full information, the lottery choices pose cognitive challenges so that people may not be...
Persistent link: https://www.econbiz.de/10014180402
Smart city policy approaches have been gradually transitioning in parallel with data policy regulations. This is the case for Barcelona, which has been executing its policy framework called ‘data commons’ with the goal of further grassroots-led urban experimentations. This paper examines to...
Persistent link: https://www.econbiz.de/10014107210
A modern, decision-theoretic framework can help clarify important practical questions of experimental design. Building on our recent work, this chapter begins by summarizing our framework for understanding the goals of experimenters and applying this to rerandomization. We then use this...
Persistent link: https://www.econbiz.de/10014023425
Conflicts of interest can lead experts to give biased and corrupt advice. Although disclosure is often proposed as a potential solution to these problems, we show that it can have perverse effects. First, people generally do not discount advice from biased advisors as much as they should, even...
Persistent link: https://www.econbiz.de/10014029654
This study discusses business simulation games as teaching tools in Information Systems (IS). The discipline's traditional teaching methods, while appropriate for the dissemination of foundational knowledge, do not provide the optimal platform for students to implement IS concepts. We suggest...
Persistent link: https://www.econbiz.de/10014165394
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