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insured individuals. Thus, the functioning of social norms depends crucially on information, in particular on what norm … enforcers are able to observe about an insured individual's behavior. Information is also decisive when distinguishing between …
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We introduce experimental persuasion between Sender and Receiver. Sender chooses an experiment to perform from a feasible set of experiments. Receiver observes the realization of this experiment and chooses an action. We characterize optimal persuasion in this baseline regime and in an...
Persistent link: https://www.econbiz.de/10012618374
We explore whether behavioral biases impede the effective processing and interpretation of soft information in private …) common identity. Specifically, we find that using soft information in lending decisions leads to worse loan quality when loan … information in lending decisions …
Persistent link: https://www.econbiz.de/10011931483
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This paper examines how information sharing impacts the quality of decision-making in Jordanian private hospitals from … the point of view of employees. It involved a structured questionnaire, which consisted of demographic data, information … sharing, and decision-making. The research results suggest that sharing information in both common and unique situations …
Persistent link: https://www.econbiz.de/10014476801
they model the choice of different alternatives through high or low cognitive costs and feedback information provided to …
Persistent link: https://www.econbiz.de/10010425055
In this paper, we test the realization effect, i.e., that risk-taking increases after a paper loss, whereas risk-taking decreases after a realized loss, using gambling data from a real casino. During a particular casino visit, losses are likely perceived as paper losses because the chance to...
Persistent link: https://www.econbiz.de/10012209223
. Embedding our results in dual-systems theory, how information is presented can serve as a potential means to exogenously …
Persistent link: https://www.econbiz.de/10011523286