Showing 61 - 70 of 98,251
risk attitudes weremeasured through a web-based questionnaire before the experiment and participants' preferencesfor … resolution timing, risk, and time were incentive compatibly measured during the experiment.Main findings are that delayed …
Persistent link: https://www.econbiz.de/10011257035
salient perturbations, we propose a strategic foundation of overconfidence. Since overconfident statements are used in …
Persistent link: https://www.econbiz.de/10010223063
work environments. We examine the relationship between, and the driving forces behind, individual overconfidence and … significantly more cooperative, whereas overconfidence, beliefs, and cooperativeness are not correlated in women. …
Persistent link: https://www.econbiz.de/10010225443
stylized laboratory experiment to investigate the causal effect of an increase in confidence on two important choices made by …
Persistent link: https://www.econbiz.de/10012238957
Confidence is often seen as the key to success. Empirical evidence about how such beliefs about one's abilities causally map into actions is, however, sparse. In this paper, we experimentally investigate the causal effect of an increase in confidence about one's own ability on two central...
Persistent link: https://www.econbiz.de/10012064447
Confidence is often seen as the key to success. Empirical evidence about how such beliefs about one's abilities causally map into actions is, however, sparse. In this paper, we experimentally investigate the causal effect of an increase in confidence about one's own ability on two central...
Persistent link: https://www.econbiz.de/10011964220
financial decision? A laboratory experiment investigates the way external information is integrated into the decision … quality of advice is moderate. Overconfidence biases the perceived need for information. Both results point to difficulties in … wahrgenommene Bedarf an Informationen durch overconfidence verzerrt wird. Beide Ergebnisse zeigen, inwiefern der Anspruch, eine …
Persistent link: https://www.econbiz.de/10011523264
In this paper, we design an investment game which allows us to study the influence of selection when learning from others. Using the theoretical study of selection neglect in Jehiel (2018) as a guide, we test (i) for the presence of selection neglect in this investment context, and (ii) some...
Persistent link: https://www.econbiz.de/10011984926
identified overconfidence as one of the key drivers. Yet, prior research is non-experimental and focused on the so-called flat …-rate bias. By contrast, we examine the effects of overconfidence on the choice between a pay-per-use and a flat-rate option … using an experimental approach. We develop an incentive-compatible experiment to provide causal evidence for the effect of …
Persistent link: https://www.econbiz.de/10014504288
There are many important decision problems where learning through experimentation is costly or impossible. In these situations, individuals may try to learn from observing the outcomes of others who have made similar decisions. Often, however, information about others comprises a selected...
Persistent link: https://www.econbiz.de/10011982107