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“Big data” gives markets access to previously unmeasured characteristics of individual agents. Policymakers must decide whether and how to regulate the use of this data. We study how new data affects incentives for agents to exert effort in settings such as the labor market, where an agent's...
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Self-perception and perception by others can diverge. Such differences can play an important role in corporate governance settings, for example in the context of task allocation. We run two experiments to study how predictions about own performance and the performance of others develop over time...
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Reinforcement learning theory has produced important insights into economic behavior. Intriguingly, neuroscientists … characterizes the empirical implications of this theory for an idealized data set comprising both neuroscientific measurements and …
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The WHO defines vaccine hesitancy as one of the ten biggest threats to global health nowadays. To contribute to finding a solution for vaccine hesitancy, this study aims at gaining new insights on the influence of the default effect, anticipated regret, and decision roles on vaccination...
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This research examined whether people can accurately predict the risk preferences of others.Three experiments featuring different designs revealed a systematic bias: that participants predicted others to be more risk seeking than themselves in risky choices, regardless of whether the choices...
Persistent link: https://www.econbiz.de/10014026773