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Reputational herding has been considered as a driving force behind economic and financial forecasts clustered around consensus values. Strategic coordination can consequently explain poor performances of prediction markets as resulting from the distinct incentives that forecasters face. While...
Persistent link: https://www.econbiz.de/10010254998
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Reputational herding has been considered as a driving force behind economic and financial forecasts clustered around consensus values. Strategic coordination can consequently explain poor performances of prediction markets as resulting from the distinct incentives that forecasters face. While...
Persistent link: https://www.econbiz.de/10013056991
In an experiment on moral cleansing with an endogenously manipulated moral self-image, we examine the relevance of the addressee of an immoral action. The treatments differ such that cheating on a die roll reduces either the experimenterś or another subjectś payoff. We find that cheating is...
Persistent link: https://www.econbiz.de/10010490151
Persistent link: https://www.econbiz.de/10011701766
The performance of groups has been thoroughly investigated in experimental economics, showing that groups are overall more rational deciders than individuals. However, superior group performance in economic experiments has primarily been shown for face-to-face decision making, which has ceased...
Persistent link: https://www.econbiz.de/10014149364
Wirtschaftsprognosen sollen die Unsicherheit bezüglich der zukünftigen wirtschaftlichen Entwicklung mindern und Planungsprozesse von Regierungen und Unternehmen unterstützen. Empirische Studien bescheinigen ihnen jedoch in aller Regel ein unbefriedigendes Qualitätsniveau. Auf der Suche nach...
Persistent link: https://www.econbiz.de/10011305813
The present book adds to the broad field of investigations concerning what affects and determines human cooperation. It provides new insights into internal and external factors that influence such decisions. Rather than presenting a closed and universal examination, this book should be seen as...
Persistent link: https://www.econbiz.de/10012260480
Diese Arbeit leistet einen Beitrag zur Forschung, die die im ökonomischen Standardmodell verwendete Annahme des eng gefassten Eigeninteresses in Frage stellt. Der erste Teil der Arbeit umfasst drei experimentelle Studien über soziale Präferenzen. Der zweite Teil der Arbeit umfasst drei...
Persistent link: https://www.econbiz.de/10013341941
The European Community Regulation on Chemicals (REACH) is supposed to be a modern and intelligent regulation. It entered into effect on June 1, 2007 and remains in its implementation phase. The modern and intelligent aspects primarily lie in the way in which self-responsible action on the part...
Persistent link: https://www.econbiz.de/10012659515