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The impact of culture on non-kin cooperation has been singled out as critical for economic activity. However, causal … evidence of culture's influence on cooperation remains scant. In this paper we provide such evidence, focusing on two key … components of culture: preferences and beliefs. Adopting the view that culture is one aspect of an individual's multi …
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Anchoring and overconfidence are some of the best-known biases in psychology and behavioral finance literature. While a number of studies have investigated the evidence of these biases and explored the motives and human factors that contribute to the one's susceptibility to the effects, little...
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We study how individuals’ willingness to delegate choice is affected by heterogeneity in identity between the delegee … show experimentally that divergent identity also causes delegation aversion through purely intrinsic channels. More …
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