Showing 1 - 10 of 562
Information about the consequences of our consumption choices can be unwelcome, and people sometimes avoid it. We investigate a situation where one person possesses information that is inconvenient for another, and study why and when they decide to transmit that information. We introduce a...
Persistent link: https://www.econbiz.de/10014369581
Are opportunities making thieves? Accumulated experimental evidence shows that, when people have the opportunity to cheat, often they take it. Most of the literature on cheating opportunities forces people into a tempting situation where they face a trade-off between money and morality. In our...
Persistent link: https://www.econbiz.de/10014340919
Persistent link: https://www.econbiz.de/10013369188
We study response behavior in surveys and show how the explanatory power of self-reports can be improved. First, we develop a choice model of survey response behavior under the assumption that the respondent has imperfect self-knowledge about her individual characteristics. In panel data, the...
Persistent link: https://www.econbiz.de/10012588630
We study response behavior in surveys and show how the explanatory power of selfreports can be improved. First, we develop a choice model of survey response behavior under the assumption that the respondent has imperfect self-knowledge about her individual characteristics. In panel data, the...
Persistent link: https://www.econbiz.de/10012605001
We study response behavior in surveys and show how the explanatory power of selfreports can be improved. First, we develop a choice model of survey response behavior under the assumption that the respondent has imperfect self-knowledge about her individual characteristics. In panel data, the...
Persistent link: https://www.econbiz.de/10012594949
This paper studies the dynamic effect of observability on prosocial behavior. We hypothesize a twofold positive effect. First, people should act more prosocially when being observed. Second, this increased level of prosociality should motivate an ongoing elevated altruistic attitude, in...
Persistent link: https://www.econbiz.de/10014284596
Economic theory has evolved without paying proper attention to behavioral approaches, especially to social, economic, and cognitive psychology. This has recently changed by including behavioral economics courses in many doctoral study programs. Although this new development is most welcome, the...
Persistent link: https://www.econbiz.de/10010263842
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
Fungibility of money is a central assumption in the theory of consumer choice: any unit of money is substitutable for another. This implies that the composition of income or wealth is irrelevant for consumption. We find in a field experiment that even in a simple, incentivized setup many...
Persistent link: https://www.econbiz.de/10010277470