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Policies and explicit private incentives designed for self-regarding individuals sometimes are less effective or even counterproductive when they diminish altruism, ethical norms and other social preferences. Evidence from 51 experimental studies indicates that this crowding out effect is...
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We discuss the literatures on behavioral economics, bounded rationality and experimental economics as they apply to firm behaviour in markets. Topics discussed include the impact of imitative and satisficing behavior by firms, outcomes when managers care about their position relative to peers,...
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Although both economists and psychologists seek to identify determinants of heterogeneity in behavior, they use different concepts to capture them. In this review we first analyze the extent to which economic preferences and psychological concepts of personality - such as the Big Five and locus...
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desired behavioral and health outcomes. We therefore advocate a rigorous large-scale randomized experiment to provide reliable … estimates of the effect. -- Financial incentives ; weight loss ; obesity ; randomized experiment ; survey … designtes und groß angelegtes randomisiertes Experiment wird gefordert. Zur Lösung des Selektivitätsproblems aufgrund von …
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