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In social dilemmas, negotiations, and other forms of strategic interaction, mind-reading – intuiting another party’s preferences and intentions – has an important impact on an actor’s own behavior. In this paper, we present a model of how perceivers shift between social projection (using...
Persistent link: https://www.econbiz.de/10014155839
Every attribute can be expressed in multiple ways. For example, car fuel economy can be expressed as fuel efficiency (“miles per gallon”), fuel cost in dollars, or tons of greenhouse gases emitted. Each expression, or “translation”, highlights a different aspect of the same attribute. We...
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In the last two decades, much has been published on the topic of culture and cross-cultural psychology and much on the topic of judgment and decision making (J/DM). However, only a few researchers have examined the intersection of the two areas. In this article, we review this body of research....
Persistent link: https://www.econbiz.de/10012756622
A green growth agenda requires policy makers, from local to supranational levels, to examine and influence behavior that impacts economic, social, and environmental outcomes on multiple scales. Behavioral and social change, in addition or conjunction with technological change, is thus a crucial...
Persistent link: https://www.econbiz.de/10012557121
When people have access to information sources such as newspaper weather forecasts, drug-package inserts, and mutual-fund brochures, all of which provide convenient descriptions of risky prospects, they can make decisions from description. When people must decide whether to back up their...
Persistent link: https://www.econbiz.de/10012714016
A green growth agenda requires policy makers, from local to supranational levels, to examine and influence behavior that impacts economic, social, and environmental outcomes on multiple scales. Behavioral and social change, in addition or conjunction with technological change, is thus a crucial...
Persistent link: https://www.econbiz.de/10012974875
Extreme events, by definition, cause much harm to people, property, and the natural world. Sometimes they result from the vagaries of nature, as in the case of flood, earthquake, or storm, and thus are truly the outcomes of "games against nature." In other cases they follow technological failure...
Persistent link: https://www.econbiz.de/10013079182
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In spite of large number of financial crises, often depicted as episodes of financial panic, the notion of panic in financial markets is not very well understood. Many have argued that in order to understand financial crises, and in particular panic events, we need to go beyond classic economic...
Persistent link: https://www.econbiz.de/10013096194