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consequences. Contrary to that, deontology focuses solely on the morality of the action itself. We design an online experiment in … order to investigate the effect of market interaction on moral decision making in a subsequent moral dilemma. Taking into …
Persistent link: https://www.econbiz.de/10012029077
between axioms of decision theory: consistency and preference axioms. We argue that this distinction has been overlooked by … the literature and, as a result, evidence that consistency is a proxy of decision-making ability is often based on … incorrect identification strategies. We conduct an experiment to investigate the factors that drive violations of consistency …
Persistent link: https://www.econbiz.de/10014323610
experiment where we incentivize choice, vary the difference in utility between options and track which option participants …
Persistent link: https://www.econbiz.de/10012135537
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According to normative decision theory there exists a principle of procedure invariance which states that a decision … maker's preference order should remain the same, independently of which response mode is used. For example, the decision … research in behavioral decision making has suggested that judgments and choices yield different preference orders in both the …
Persistent link: https://www.econbiz.de/10014148216
moral costs associated with distorting judgment. In our experiment, two participants compete for a prize; a referee picks … judgment. When the referee keeps the bribes regardless of the winner, bribes no longer influence her decision. A field … experiment in an Indian market confirms these results. These findings imply that our participants are influenced by bribes out of …
Persistent link: https://www.econbiz.de/10014126521
This chapter focuses on the role of basic thinking processes in everyday economic decision making …
Persistent link: https://www.econbiz.de/10013099846
triangulation in both the empirical method and sample, the interlinked studies employ an online survey and a laboratory experiment …
Persistent link: https://www.econbiz.de/10011952648
procedure. At any given trial, the decision maker deliberately randomizes over mental categories and chooses the best item … decision maker picks the default option. We provide the necessary and sufficient conditions that characterize this model in a …
Persistent link: https://www.econbiz.de/10011526886