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for performance. ii) Present-biased preferences create self-control problems. We show how goals permit self …-regulation through goals only up to a certain point. For severely present-biased preferences, the required goal for self-regulation is …
Persistent link: https://www.econbiz.de/10003793362
-control ; motivation ; self-reinforcement ; time inconsistency ; reference-dependent preferences …
Persistent link: https://www.econbiz.de/10003824207
We introduce a modification to the two-timescale games studied in the evolution of preferences (EOP) literature. In … explanations for why humans sometimes adopt interdependent preferences and sometimes exhibit logit quantal response functions. In …
Persistent link: https://www.econbiz.de/10008663363
We assess the empirical validity of the overall theoretical framework of other-regarding preferences by focusing on … those preference axioms that are common to all the prominent theories of outcome-based other-regarding preferences. This … discuss the implications of our findings for theoretical modeling of other-regarding preferences. -- Other …
Persistent link: https://www.econbiz.de/10009306937
cooperative norms have a positive impact on aggregate outcomes, we conclude that such preferences are evolutionarily advantageous …
Persistent link: https://www.econbiz.de/10010366516
defining unawareness and knowledge in terms of preferences over acts in unawareness structures and showing their equivalence to …
Persistent link: https://www.econbiz.de/10013093614
preferences in the model, properties of rules that concern preferences (e.g., strategy-proofness and efficiency) have not been … studied in the literature. We fill this gap by working with a class of incomplete preferences derived directly from opinions …
Persistent link: https://www.econbiz.de/10012951982
A new class of preference-aggregation rules is proposed, weak-veto rules. Weak-veto rules are applicable in settings characterized by strong pre-existing views on the desirability of different outcomes, whose recommendations should be modified only in the presence of strenuous opposition. They...
Persistent link: https://www.econbiz.de/10012962563
Substantial evidence in field, lab and thought experiments in multiple disciplines, shows that decision makers often choose a dominated strategy, which contradicts with current economic theory. To bridge this gap between theory and evidence, first, we propose two alternative axiomatic...
Persistent link: https://www.econbiz.de/10012902209
This paper is concerned with preference-aggregation rules satisfying desirable efficiency and solidarity requirements. We formulate weaker versions of existing solidarity axioms and show how they imply, in conjunction with strategy-proofness, the existence of reference outcomes holding...
Persistent link: https://www.econbiz.de/10012907976