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This is the first definitive introduction to behavioral economics aimed at advanced undergraduate and postgraduate students. Authoritative, cutting edge, yet accessible, it guides the reader through theory and evidence, providing engaging and relevant applications throughout
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This is the first definitive introduction to behavioral economics aimed at advanced undergraduate and postgraduate students. Authoritative, cutting edge, yet accessible, it guides the reader through theory and evidence, providing engaging and relevant applications throughout
Persistent link: https://www.econbiz.de/10011842941
. Empirical evidence, however, is sparse. Using data from an experiment with 359 law and business administration students, we …
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common to preferences in this class. We illustrate our approach by analyzing data from a large scale experiment conducted … with a sample of participants randomly drawn from the Dutch population. We find that behavior of players in the experiment … determinant of decisions in our experiment. -- belief-dependent preferences ; guilt aversion ; reciprocity ; partial …
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This paper studies the evolution of both characteristics of reciprocity - the willingness to reward friendly behavior … can survive evolution provided individuals interact within separated groups. This holds even with randomly formed groups … entirely. Finally, the evolution of preferences for rewarding and the evolution of preferences for punishing influence each …
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