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Studying group decision-making is challenging for multiple reasons. An important logistic difficulty is studying a sufficiently large number of groups, each with multiple participants. Assembling groups online could make this process easier and also provide access to group members more...
Persistent link: https://www.econbiz.de/10010575516
Individual differences in decision making are a topic of longstanding interest, but often yield inconsistent and contradictory results. After providing an overview of individual difference measures that have commonly been used in judgment and decision-making (JDM) research, we suggest that our...
Persistent link: https://www.econbiz.de/10014181378
Any solution to rising levels of CO2 depends on human behavior. One common approach to changing human behavior is rewarding desired behavior. Because financial incentives often have side effects that diminish efficacy, we predict that social rewards are more effective, because they invoke...
Persistent link: https://www.econbiz.de/10011043648
In bargaining, buyers aim to spend as little money as they can on the items they seek to purchase. Compared to promotion-oriented people, prevention-oriented people seek to avoid losses rather than to secure gains. Employing different negotiation scenarios, three lab experiments tested the...
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When asked to delay consumption, people are impatient and discount future rewards more than when offered the chance to accelerate consumption. Three experiments provide a process-level account for this asymmetry, with implications for the design of decision environments that promote less...
Persistent link: https://www.econbiz.de/10012756404
Interventions to increase cooperation in social dilemmas depend on understanding decision makers' motivations for cooperation or defection. We examined these in five real-world social dilemmas: situations where private interests are at odds with collective ones. An online survey (N = 929) asked...
Persistent link: https://www.econbiz.de/10010812076
In two studies, time preferences for financial gains and losses at delays of up to 50 years were elicited using three different methods: matching, fixed-sequence choice titration, and a dynamic ``staircase'' choice method. Matching was found to create fewer demand characteristics and to produce...
Persistent link: https://www.econbiz.de/10010661322