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Two agents independently choose mixed m-recall strategies that take actions in finite action spaces A1 and A2. The strategies induce a random play, a1,a2,..., where at assumes values in A1 X A2. An M-recall observer observes the play. The goal of the agents is to make the observer believe that...
Persistent link: https://www.econbiz.de/10009195413
"Very small but cumulated decreases in food intake may be sufficient to have significant effects, even erasing obesity over a period of years" (Rozin et al., 2011). In two studies, one a lab study and the other a real-world study, we examine the effect of manipulating the position of different...
Persistent link: https://www.econbiz.de/10009195414
Persistent link: https://www.econbiz.de/10009200943
We find a herding tendency among both amateur and professional investors and conclude that the propensity to herd is lower in the professionals. These results are obtained both when we consider herding into individual stocks and herding into stocks in general. Herding depends on the firm’s...
Persistent link: https://www.econbiz.de/10009209675
The ability to detect a change, to accurately assess the magnitude of the change, and to react to that change in a commensurate fashion are of critical importance in many decision domains. Thus, it is important to understand the factors that systematically affect people’s reactions to change....
Persistent link: https://www.econbiz.de/10009209676
Gambling frequencies on single numbers in real casino roulette were displayed in a contour map. This resulted not only in a confirmation that gamblers are subject to middle bias, but also to accessibility effects. The figure allowed us to infer the location of the roulette wheel and croupier...
Persistent link: https://www.econbiz.de/10009209677
This paper investigates the effect of compensation of corporate personnel on their investment in new technologies. We focus on a specific corporate activity, namely corporate venture capital (CVC), describing minority equity investment by established-firms in entrepreneurial ventures. The...
Persistent link: https://www.econbiz.de/10009209678
Do participants bring their own priors to an experiment? If so, do they share the same priors as the researchers who design the experiment? In this article, we examine the extent to which self-generated priors conform to experimenters’ expectations by explicitly asking participants to indicate...
Persistent link: https://www.econbiz.de/10009209679
Since its inception, psychology has studied position effects. But the position was a temporal one in sequential presentation, and the dependent variables related to memory and learning. This paper attempts to survey position effects when position is spatial (namely, position=location), all...
Persistent link: https://www.econbiz.de/10009209680
A stranger entering the store ahead of you may hold the door open so it does not slam in your face, or your daughter may tidy up the kitchen when she realizes that you are very tired: both act out of considerateness. In acting considerately one takes others into consideration. The considerate...
Persistent link: https://www.econbiz.de/10009209681