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subjects’ “internal” ambiguity aversion increases in performance in the high-competence task and that “external” ambiguity … confidence and ambiguity attitudes in individual decision making. Different ambiguity settings not only can be determined by the … multistage experiment where subjects face different sources of ambiguity and where we are able to control for self …
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People benefit from being perceived as trustworthy. Examples include sellers trying to attract buyers, or candidates in elections trying to attract voters. In a laboratory experiment using exchange games, in which the trustor can choose the trustee, we study whether trustees can signal their...
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In their pursuit of being elected, politicians might not provide their constituents with independent viewpoints, but just try to outguess popular opinion. Although rational voters see through such populism, candidates can not resist resorting to it when the spoils of office are too large. For an...
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-sided ambiguity and pure risk. Our results show a significant relationship between individual overconfidence and competence measures …This paper reports the results of an experiment that brings together psychological measures of competence and …) competence, the perception of feeling knowledgeable or competent in an area and 2) overconfidence, the well documented result …
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