Showing 1 - 10 of 1,698
Persistent link: https://www.econbiz.de/10005359232
Persistent link: https://www.econbiz.de/10005572802
This article explores the extent to which decision behavior is shaped by short-lived reactions to the outcome of the most recent decision. We inspected repeated decision-making behavior in two versions of each of two decision-making tasks, an individual task and a strategic one. By regressing...
Persistent link: https://www.econbiz.de/10008684439
Studies of the detection of change have commonly been concerned with individuals inspecting a system or a process, whose characteristics were fully determined by the researcher. We, instead, study the detection of change in the preferences - and hence the behavior - of others with whom an...
Persistent link: https://www.econbiz.de/10008684443
To maintain a chance of occasionally beating a stronger player in a competition waged over several fields, a weaker player should give up on some of the fields and concentrate resources on the remaining ones. But when do weak players actually do this? And which fields do they give up when the...
Persistent link: https://www.econbiz.de/10010870875
Whether behavior converges toward rational play or fair play in repeated ultimatum games, depends on which player yields first. If responders conceded first by accepting low offers, proposers, would not need to learn to offer more. Play would thus converge toward unequal sharing. If proposers,...
Persistent link: https://www.econbiz.de/10011051797
Whether behavior converges toward rational play or fair play in repeated ultimatum games depends on which player yields first. If responders concede first by accepting low offers, proposers would not need to learn to offer more, and play would converge toward unequal sharing. By the same token,...
Persistent link: https://www.econbiz.de/10008782796
In many situations one has to choose between risky alternatives, knowing only one's past experience with those alternatives. Such decisions can be made in more – or less – benevolent settings or 'worlds'. In a 'good world', high payoffs are more frequent than low payoffs, and vice versa in a...
Persistent link: https://www.econbiz.de/10010617790
In performing skill-based tasks individuals often face a choice between easier, less demanding alternatives, but ones whose expected payoffs in case of success are lower, and difficult, more demanding alternatives whose expected payoffs in case of success are higher: What piece to play in a...
Persistent link: https://www.econbiz.de/10010617801
In two experiments, we explored how the perspective through which individuals view their decisions influences their moral behavior. To do this we employed a computerized “Is that the answer you had in mind?” trivial-pursuit style game. The game challenges individuals’ integrity because...
Persistent link: https://www.econbiz.de/10010617808