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Lives or Livelihoods? Perceived Tradeoffs and Public Demand for Non-Pharmaceutical Interventions

Settele, Sonja - 2020

We study how cost-benefit considerations shape the public acceptance of non-pharmaceutical interventions (NPIs). In an online experiment conducted on a representative sample from the US during the early COVID-19 pandemic, we provide half of our respondents with research evidence pointing to low...

Persistent link: https://www.econbiz.de/10012835414

Anticipatory anxiety and wishful thinking

Engelmann, Jan; Lebreton, Maël; Schwardmann, Peter; … - 2019

It is widely hypothesized that anxiety and worry about an uncertain future lead to the adoption of comforting beliefs or "wishful thinking". However, there is little direct causal evidence for this effect. In our experiment, participants perform a visual pattern recog- nition task where some...

Persistent link: https://www.econbiz.de/10012026094

Concern for relative standing and deception

Galanis, Spyros; Vlassopoulos, Michael - 2014

We report results from a sender-receiver deception game, which tests whether an individual's decision to deceive is influenced by a concern for relative standing in a reference group. The sender ranks six possible outcomes, each specifying a payoff for him and the receiver. A message is then...

Persistent link: https://www.econbiz.de/10010404042

Learning about ones' self

Le Yaouanq, Yves; Schwardmann, Peter - 2019

How can naivete about present bias persist despite experience? To answer this question, our experiment investigates participants' ability to learn from their own behavior. Participants decide how much to work on a real effort task on two predetermined dates. In the week preceding each work date,...

Persistent link: https://www.econbiz.de/10011976128

Focusing and framing of risky alternatives

Dertwinkel-Kalt, Markus; Wenzel, Tobias - 2017

This paper develops a theory of focusing and framing in an intertemporal context with risky choices. We provide a selection criterion between existing theories of fo- cusing by allowing a decision maker to choose her frame such that her attention is either drawn to salient events associated with...

Persistent link: https://www.econbiz.de/10011772689

Honesty in the digital age

Cohn, Alain; Gesche, Tobias; Maréchal, Michel André - 2018

Modern communication technologies enable efficient exchange of information, but often sacrifice direct human … interaction inherent in more traditional forms of communication. This raises the question of whether the lack of personal … that self-selection into communication channels can be used to screen for dishonest people. …

Persistent link: https://www.econbiz.de/10011825233

An eye-tracking study of feature-based choice in one-shot games

Devetag, Giovanna; Di Guida, Sibilla; Polonio, Luca - 2013

We analyze subjects' eye movements while they make decisions in a series of one-shot games. The majority of them perform a partial and selective analysis of the payoff matrix, often ignoring the payoffs of the opponent and/or paying attention only to specific cells. Our results suggest that...

Persistent link: https://www.econbiz.de/10009709528

Social anchor effects in decision-making under ambiguity

Lahno, Amrei M. - 2014

I experimentally examine whether feedback about others' choices provides an anchor for decision-making under ambiguity. In a between-subjects design I vary whether subjects learn choices made individually by a "peer" in a first part when facing the same task a second time, and whether prospects...

Persistent link: https://www.econbiz.de/10010364762

Managing self-confidence : theory and experimental evidence

Mobius, Markus; Niederle, Muriel; Niehaus, Paul; … - 2011 - This version: October 3, 2011

Evidence from social psychology suggests that agents process information about their own ability in a biased manner. This evidence has motivated exciting research in behavioral economics, but also garnered critics who point out that it is potentially consistent with standard Bayesian updating....

Persistent link: https://www.econbiz.de/10009388187

The false consensus effect disappears if representative information and monetary incentives are given

Engelmann, Dirk; Strobel, Martin - 1999

In this paper we present an experiment on the false consensus effect. Unlike previous experiments, we provide monetary incentives for revealing the actual estimation of others' behavior. In each session and round sixteen subjects make a choice between two options simultaneously. Then they...

Persistent link: https://www.econbiz.de/10009581106

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