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We perform a (psychological) game-theoretic analysis of cheating in the setting proposed by Fischbacher & Föllmi-Heusi (2013). The key assumption, which we refer to as perceived cheating aversion, is that the decision maker derives disutility in proportion to the amount in which he is perceived...
Persistent link: https://www.econbiz.de/10011566513
Personal information is shared extensively every day, partly in exchange for benefits or as a reaction to other people's information sharing. In this paper, we experimentally investigate these two factors by analyzing the interaction of peer comparison and incentives to disclose potentially...
Persistent link: https://www.econbiz.de/10011988303
fundamental theoretical questions, such as what goals consumer law should pursue, to practical questions raised by disclosure … Example of Hyperbolized Mandated Disclosure.-Part II: Mandated Disclosure -- 4. From Disclosure to Transparency in Consumer …
Persistent link: https://www.econbiz.de/10012257312
government should just provide the basic legal framework for eco-labeling and leave the rest to non-governmental organizations … organic food labeling regimes with varying degrees of governmental involvement. Using unique and detailed survey data from the … in eco-labeling …
Persistent link: https://www.econbiz.de/10014188480
Two participants have to decide jointly, with the discussions preceding their choice being video/audiotaped. For two tasks, one with and one without strategic interaction, we refer to obvious reasoning styles as mental models. The videotaped discussions are analyzed according to which mental...
Persistent link: https://www.econbiz.de/10009723594
We designed an experiment that examines how knowledge about the price of a good, and the time at which the information is received, affects how the good is experienced. The good in question was wine, and the price was either high or low. Our results suggest that hosts offering wine to guests can...
Persistent link: https://www.econbiz.de/10003826777
Customers at the online music label Magnatune can pay what they want for albums, as long as the payment is within a given price range ($5-$18). Magnatune recommends to pay $8, and on average customers paid $8.20 (Regner and Barria, 2009). We ran an online survey and collected responses from 227...
Persistent link: https://www.econbiz.de/10008747635
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