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Our study examines the impact of framing of tasks on dictator game choices. We specifically examine the effect of using two different framing of instructions, one of which we deem the charity frame and the other the group frame. The former frames the dictator choice in terms of giving to a...
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the exponential model of prospect theory and to perform a comparative analysis to verify the hypothesis that a better … judgment theory increases the predictive capacity of the utility function proposed in Leoneti [2016]. …
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Many previous experiments document that behavior in multi-person settings responds to the name of the game and the labeling of strategies. Usually these studies cannot tell whether frames affect preferences or beliefs. In this Dictator game study, we investigate whether social framing effects...
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Negotiations are ubiquitous in business, politics, and private life. In many cases their outcome is of great importance. Yet, negotiators frequently act irrationally and fail to reach mutually beneficial agreements. Cognitive biases like overconfidence, egocentrism, and the mythical fixed pie...
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We investigate whether depleting people's cognitive resources (or "willpower") affects the degree to which they are susceptible to framing effects. Recent research in social psychology and economics has suggested that willpower is a resource that can be temporarily depleted and that a depleted...
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