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We investigate whether depleting people's cognitive resources (or "willpower") affects the degree to which they are susceptible to framing effects. Recent research in social psychology and economics has suggested that willpower is a resource that can be temporarily depleted and that a depleted...
Persistent link: https://www.econbiz.de/10009793156
Persistent link: https://www.econbiz.de/10009154862
In this study we test predictions from Unconscious Thought Theory (UTT) that unconscious thought will lead to better decision making in complex decision tasks relative to conscious thought. Different from prior work testing this prediction, we use a method of manipulating conscious and...
Persistent link: https://www.econbiz.de/10011580853
' present bias. In an online experiment, participants engaged in a real-effort task display little awareness of their own …
Persistent link: https://www.econbiz.de/10012936520
experiment, we study the endowment effect in lotteries with the same payoffs as the games in the first part. Our findings provide …
Persistent link: https://www.econbiz.de/10011339153
than Italian-speaking children to delay gratification in an intertemporal choice experiment. This result is robust when …
Persistent link: https://www.econbiz.de/10011343740
than Italian-speaking children to delay gratification in an intertemporal choice experiment. The difference remains …
Persistent link: https://www.econbiz.de/10011346563
We test experimentally an explanation of over and under confidence as motivated by (perhaps unconscious) strategic concerns, and find compelling evidence supporting this hypothesis in the behavior of participants who send and respond to others ́statements of confidence about how well they have...
Persistent link: https://www.econbiz.de/10010223063
While previous research has shown that social preferences develop in childhood, we study whether this development is accompanied by reduced use of deception when lies would harm others, and increased use of deception to benefit others. In a sample of children aged between 7 and 14, we find...
Persistent link: https://www.econbiz.de/10010229316
We explore the individual and joint explanatory power of concepts from economics, psychology, and criminology for criminal behavior. More precisely, we consider risk and time preferences, personality traits from psychology (Big Five and locus of control), and a self-control scale from...
Persistent link: https://www.econbiz.de/10010235856