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This paper examines the impact of a commonly experienced adverse cognitive state on decision making under uncertainty. Specifically, we administer an at-home sleep restriction protocol combined with random assignment to the time-of-day for decision making. Thus, we induce sleepiness in our...
Persistent link: https://www.econbiz.de/10012947720
People differ in their diurnal (time-of-day) preferences—some are morning-types and others are evening-types. These differences are explored in a unique experiment design in which subjects are randomly assigned to produce paper airplanes at either 8:00 a.m. or 10:00 p.m. Our results show that...
Persistent link: https://www.econbiz.de/10004969801
Research investigating risk preference has pointed towards motivation and ability as important factors for determining the strength and likelihood of the framing effect. In the current study we explored the influence of individual differences in motivation and ability through circadian rhythm....
Persistent link: https://www.econbiz.de/10008503144
We administer a unique online version of the Guessing Game where subject responses are collected across all 24 hours of the day. While time-of-day itself does not affect guesses, when combined with a trait-level sleepiness measure and previous night sleep, adverse sleep states lead to responses...
Persistent link: https://www.econbiz.de/10005010143
Research has shown that framing messages in terms of benefits or detriments can have a substantial influence on intended behavior. For prevention behaviors, positively framed messages have been found to elicit stronger behavioral intentions than negatively framed messages. Research also seems to...
Persistent link: https://www.econbiz.de/10005070441
We examined how the goal of a decision task influences the perceived positive, negative valence of the alternatives and thereby the likelihood and direction of framing effects. In Study 1 we manipulated the goal to increase, decrease or maintain the commodity in question and found that when the...
Persistent link: https://www.econbiz.de/10005575034
The current study looks at the role working memory plays in risky-choice framing. Eighty-six participants took the Automatic OSPAN, a measurement of working memory; this was followed by a risky-choice framing task. Participants with high working memory capacities demonstrated well pronounced...
Persistent link: https://www.econbiz.de/10008565935
Considerable research has pointed towards processing differences as a viable means for understanding the strength and likelihood of a framing effect. In the current study we explored how differences in processing may emerge through diurnal patters in circadian rhythm, which varies across...
Persistent link: https://www.econbiz.de/10008777046