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Marketing activities nowadays frequently involve personalizing product offers to consumers' individually-measured preferences. Because preferences are often ill defined, responses to customized offers may depend on how easy it is for consumers to identify the preferences they stated in the...
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emotions. This conjecture is tested in an experiment with real lottery tickets. We show that our theoretical considerations may …
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. Empirical evidence, however, is sparse. Using data from an experiment with 359 law and business administration students, we …
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tend to have smaller incentives to engage in effort, the reverse does not hold true. Using a lab experiment, we show that …
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We compare inequality aversion in individuals and teams by means of both within- and between-subject experimental designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality aversion than individual initial proposals in team...
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While previous research has shown that social preferences develop in childhood, we study whether this development is …
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