Showing 1 - 8 of 8
Persistent link: https://www.econbiz.de/10009376927
This paper provides an argument for the advantage of a preference for identity-consistent behaviour from an evolutionary point of view. Within a stylised model of social interaction, we show that the development of cooperative social norms is greatly facilitated if the agents of the society...
Persistent link: https://www.econbiz.de/10010366516
Persistent link: https://www.econbiz.de/10003513117
Persistent link: https://www.econbiz.de/10009672956
Is being informed about nudging detrimental to the effect of the nudge? This paper reports results from an experimental study (n = 623) testing the effects of transparency on the effectiveness of a default nudge while controlling for reactance and decision time. Overall, the data show that more...
Persistent link: https://www.econbiz.de/10014323254
This paper proposes a simple framework to model contextual influences on procedural decision making. In terms of utility, we differentiate between monetary payoffs and contextual psychological ones, e.g. deriving from the subjects’ normative frame of reference. Monetary payoffs are treated as...
Persistent link: https://www.econbiz.de/10012745564
This paper investigates the effectiveness of two instruments designed to defer termination in the centipede game: an insurance against termination by the opponent, and an option to offer the opponent a bonus for not terminating the game. The rational prediction in both cases is passing until...
Persistent link: https://www.econbiz.de/10014050321
This paper discusses the behavioural e ffects of cognitive dissonance in conjunction with cooperative social norms and highlights their relevance for the interpretation of (non)cooperative behaviour in economic lab experiments. In particular, it is argued that, if subjects are used to...
Persistent link: https://www.econbiz.de/10014062970