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, while they are in line with recent models that focus on anger as the result of the frustration of expectations. …Economic inequality may fuel frustration, possibly leading to anger and antisocial behavior. We experimentally study a …
Persistent link: https://www.econbiz.de/10012058343
, while they are in line with recent models that focus on anger as the result of the frustration of expectations. …Economic inequality may fuel frustration, possibly leading to anger and antisocial behavior. We experimentally study a …
Persistent link: https://www.econbiz.de/10012064378
Persistent link: https://www.econbiz.de/10012616730
Traditionally, economic models have attributed procrastination to present bias. However, procrastination may also arise when individuals derive anticipatory utility from holding motivated, overly optimistic beliefs about the workload they need to complete. This study provides a rigorous...
Persistent link: https://www.econbiz.de/10014487122
Procrastination is often attributed to time-inconsistent preferences but may also arise when individuals derive anticipatory utility from holding optimistic beliefs about their future effort costs. This study provides a rigorous empirical test for this notion of ‘motivated procrastination’....
Persistent link: https://www.econbiz.de/10014517966
) Expectations have a significant effect on the probability of punishment but not on the intensity of experienced emotion. This last … hedonic impact. (2) Irritation and contempt drive punishment behavior. (3) There are discontinuous jumps in the behavior of … responders. They either choose no punishment (destroy nothing) or the highest level of punishment (destroy everything). (4 …
Persistent link: https://www.econbiz.de/10009781606
We investigate the relationship between (a) official information on COVID-19 infection and death case counts; (b) beliefs about such case counts, at present and in the future; (c) beliefs about average infection chance—in principle, directly calculable from (b); and (d) self-reported...
Persistent link: https://www.econbiz.de/10013220691
Despite much criticism, economic analyses often use Bayesian belief formation. Yet, widely applicable, empirically founded, non-Bayesian approaches are scarce. I investigate whether Thompson Sampling is a suitable unifying model of belief formation by testing its predictions in a pre-registered...
Persistent link: https://www.econbiz.de/10013405709
It has been argued that guilt aversion (the aversion to violate others' expectations) and the compliance to descriptive …
Persistent link: https://www.econbiz.de/10011825251
We study belief updating about relative performance in an ego-relevant task. Manipulating the perceived ego-relevance of the task, we show that subjects update their beliefs optimistically because they derive direct utility flows from holding positive beliefs. This finding provides a behavioral...
Persistent link: https://www.econbiz.de/10013433247