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durables. Who opts into the transaction when given such incentives? We show theoretically and experimentally that increasing …
Persistent link: https://www.econbiz.de/10012052276
high likelihood of cooperation or defection. We find that the effectiveness of flags depends on their timing: participants …
Persistent link: https://www.econbiz.de/10014304521
experiment with 743 subjects whether small-scale, seemingly negligible, events also affect the formation of risk preferences. In … second lottery almost a year later. The same pattern emerges in another experiment with 136 subjects where the second lottery …
Persistent link: https://www.econbiz.de/10012657858
experiment with 743 subjects whether small-scale, seemingly negligible, events also affect the formation of risk preferences. In … second lottery almost a year later. The same pattern emerges in another experiment with 136 subjects where the second lottery …
Persistent link: https://www.econbiz.de/10012607585
experiment with 743 subjects whether small-scale, seemingly negligible, events also affect the formation of risk preferences. In … second lottery almost a year later. The same pattern emerges in another experiment with 136 subjects where the second lottery …
Persistent link: https://www.econbiz.de/10012607807
experiment with 743 subjects whether small-scale, seemingly negligible, events also affect the formation of risk preferences. In … second lottery almost a year later. The same pattern emerges in another experiment with 136 subjects where the second lottery …
Persistent link: https://www.econbiz.de/10012607969
We develop a model in which an overconfident agent learns about groups in society from observations of his and others' successes. In our model, both the agent's information and his beliefs are multi-dimensional, allowing us to study interactions between different views. Overall, society always...
Persistent link: https://www.econbiz.de/10014578270
beliefs with experience are central to understanding behavior and learning in the IRPD. Beliefs strongly predict cooperation …
Persistent link: https://www.econbiz.de/10013345861
Using belief elicitation, the paper investigates the formation and the evolution of beliefs in a signalling game in …
Persistent link: https://www.econbiz.de/10009535526
We analyze a repeated principal-agent setting in which the principal cares about the agent's verifiable effort as well as an extra profit that can be generated only if the agent is talented. The agent is overconfident about his talent and updates beliefs using Bayes' rule. An exploitation...
Persistent link: https://www.econbiz.de/10014292070