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Traditionally, economic models have attributed procrastination to present bias. However, procrastination may also arise … longitudinal experiment over four weeks, individuals have to complete a cumbersome task of unknown length. They are exposed to …
Persistent link: https://www.econbiz.de/10014487122
for this notion of ‘motivated procrastination’. In a longitudinal experiment over four weeks, individuals must complete a …
Persistent link: https://www.econbiz.de/10014517966
' present bias. In an online experiment, participants engaged in a real-effort task display little awareness of their own …Do individuals anticipate present bias in others? This paper jointly investigates beliefs about one's own and others … present bias, but anticipate present bias in others. Structurally, I estimate a present bias parameter β of 0.82. Participants …
Persistent link: https://www.econbiz.de/10012936520
than they reward those of positive ones. In this paper we extend this explanation of the praise-blame bias by arguing that … ; externalities ; punishment ; praise ; moral bias …
Persistent link: https://www.econbiz.de/10003980539
messages, on their credibility and on actual play. We run an experiment in a three-player coordination game with Pareto ranked …
Persistent link: https://www.econbiz.de/10010418867
Multiplicative growth processes that are subject to random shocks often have an asymmetric distribution of outcomes. In a series of incentivized laboratory experiments we show that a large majority of participants either strongly underestimate the asymmetry or ignore it completely. Participants...
Persistent link: https://www.econbiz.de/10012041010
Absentmindedness is a special case of imperfect recall which according to Piccione and Rubinstein (1997a) leads to time inconsistencies. Aumann, Hart and Perry (1997a) question their argument and show how dynamic inconsistencies can be resolved. The present paper explores this issue from a...
Persistent link: https://www.econbiz.de/10010277338
We experimentally investigate a finitely repeated public good game with varying partners. Within each period, participants are pairwise matched and contribute simultaneously. Participants are informed about contributions and each participant evaluates her partner's contribution. At the beginning...
Persistent link: https://www.econbiz.de/10009572902
Many information structures generate correlated rather than mutually independent signals, the news media being a prime example. This paper shows experimentally that in such context many people neglect these correlations in the updating process and treat correlated information as independent. In...
Persistent link: https://www.econbiz.de/10009748615
; social preferences ; laboratory experiment …
Persistent link: https://www.econbiz.de/10009691154