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Whether, and if so, how exactly gender differences are manifested in moral judgment has recently been at the center of much research on moral decision making. Previous research suggests that women are more deontological than men in personal, but not impersonal, moral dilemmas. However, typical...
Persistent link: https://www.econbiz.de/10012955391
How do human beings make decisions when, as the evidence indicates, the assumptions of the Bayesian rationality approach in economics do not hold? Do human beings optimize, or can they? Several decades of research have shown that people possess a toolkit of heuristics to make decisions under...
Persistent link: https://www.econbiz.de/10011926917
This paper examines the reflexive interplay between individual decisions and social forces to analyze the evolution of cooperation in the presence of "multi-directedness," whereby people's preferences depend on their psychological motives. People have access to multiple, discrete motives....
Persistent link: https://www.econbiz.de/10011452082
This paper examines the reflexive interplay between individual decisions and social forces to analyze the evolution of cooperation in the presence of "multi-directedness", whereby people's preferences depend on their psychological motives. People have access to multiple, discrete motives....
Persistent link: https://www.econbiz.de/10011414267
choice the DM can make) can also be rationalized by the DM maximizing her subjective expected utility for some subjective …
Persistent link: https://www.econbiz.de/10013101803
-report “what they think is the morally right thing to do” does not only increase pro-sociality in the choice immediately after, but …
Persistent link: https://www.econbiz.de/10012900728
Rationalizability is a central concept in game theory. Since there may be many rationalizable strategies, applications commonly use refinements to obtain sharp predictions. In an important paper, Weinstein and Yildiz (2007) show that none of these refinements is robust to perturbations of...
Persistent link: https://www.econbiz.de/10012979085
The emergence and survival of cooperation is one of the hardest problems still open in science. Several factors such as the existence of punishment, repeated interactions, topological effects and the formation of prestige may all contribute to explain the counter-intuitive prevalence of...
Persistent link: https://www.econbiz.de/10012929847
People frequently reward and punish other people if they perceive them to be responsible for the implementation of events that they like or dislike. However, the determinants of such responsibility perceptions are not well understood within economics. In this paper, I propose a notion of causal...
Persistent link: https://www.econbiz.de/10012934472
For choice with deterministic consequences, the standard rationality hypothesis is ordinality, i.e., maximization of a … weak preference ordering. For choice under risk (resp. uncertainty), preferences are assumed to be represented by the … objectively (resp. subjectively) expected value of a von Neumann-Morgenstern utility function. For choice under risk, this implies …
Persistent link: https://www.econbiz.de/10014025530