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. Human subjects choose in continuous time when to invest. If she invests before expiration, the subject receives V C: the …
Persistent link: https://www.econbiz.de/10014213974
We study the statistical properties of three estimation methods for a model of learning that is often fitted to experimental data: quadratic deviation measures without unobserved heterogeneity, and maximum likelihood with and without unobserved heterogeneity. After discussing identification...
Persistent link: https://www.econbiz.de/10014143970
and abstain from time to time. The latter generates more habitual voting behavior. Thus far, the latter model seemed to be … well as implications with survey data is still pending. We designed a laboratory experiment in which subjects repeatedly …
Persistent link: https://www.econbiz.de/10014144494
another that is deeper, producing generalizable insights that transfer across domains. The game theory literature has only …
Persistent link: https://www.econbiz.de/10014055234
We develop a simple model that describes individuals’ self-assessments oftheir abilities. We assume that individuals learn about their abilities from appraisalsof others and experience. Our model predicts that if communicationis imperfect, then (i) appraisals of others tend to be too positive,...
Persistent link: https://www.econbiz.de/10011348342
Deceptive communication or behavior can inflict loss, so it may be important to be able to distinguish these from trustworthy ones. Repeated exposure or experience can cause learning and hence better detection of deception. We investigate whether experience improves deception detection by...
Persistent link: https://www.econbiz.de/10013222511
Deceptive communication or behavior can inflict loss, making it important to be able to distinguish these from trustworthy ones. This article pursues the hypothesis that repeated exposure or experience can cause learning and hence better detection of deception. We investigate using data from a...
Persistent link: https://www.econbiz.de/10013226472
-rational inferences, drive herd behavior. In Experiment 1, unobserved, whose actions remain private, learn from the public actions made in …
Persistent link: https://www.econbiz.de/10011789104
We examine the realism of the assumption of self-interested opportunism in agency theory. We place subjects into … increases shirking with all variables in the model. We discuss the implications of these results for theory and practice …
Persistent link: https://www.econbiz.de/10014072255
Deceptive communication, as involved in impersonation fraud and other forms of economic crime, can inflict loss, making it important to be able to distinguish these from trustworthy ones. This article pursues the hypothesis that repeated exposure or experience can cause learning and hence better...
Persistent link: https://www.econbiz.de/10014517089