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the notion of sequential rationalizability. F-consistency is a testable property that highlights the behavioral aspects … identifies the selected alternative in every choice problem. We propose a property, F-consistency, and show that it characterizes … how other behavioral concepts are related to sequential rationalizability, and establish a priori unexpected implications …
Persistent link: https://www.econbiz.de/10005707995
status-quo bias is a refinement of rationalizability by game trees, which, in turn, is also a refinement of sequential … rationalizability. Thus, we provide a sharp taxonomy of these choice models, and show that they all can be understood as choice by …
Persistent link: https://www.econbiz.de/10010849621
status-quo bias is a refinement of rationalizability by game trees, which, in turn, is also a refinement of sequential … rationalizability. Thus, we provide a sharp taxonomy of these choice models, and show that they all can be understood as choice by …
Persistent link: https://www.econbiz.de/10011253109
status quo bias is a refinement of rationalizability by game trees, which, in turn, is also a refinement of sequential … rationalizability. Thus, we provide a sharp taxonomy of these choice models, and show that they all can be understood as choice by …
Persistent link: https://www.econbiz.de/10010603339
This article develops a general method to solve dynamic models of interactions between multiple strategic agents that extends the static model studied previously by the authors. It describes a general model of several interacting agents, their domination relations as well as a graph encoding...
Persistent link: https://www.econbiz.de/10011170147
This paper conducts a systematic comparison of behavioral economics’s challenges to the standard accounts of economic behaviors within three dimensions: under risk, over time and regarding other people. A new perspective on two underlying methodological issues, i.e., interdisciplinarity and...
Persistent link: https://www.econbiz.de/10011809698
This paper conducts a systematic comparison of behavioral economics's challenges to the standard accounts of economic behaviors within three dimensions: under risk, over time and regarding other people. A new perspective on two underlying methodological issues, i.e., interdisciplinarity and the...
Persistent link: https://www.econbiz.de/10011812583
We examine framing effects in nudging honesty, in the spirit of the growing norm-nudge literature, by utilizing a high-powered and pre-registered study. Across four treatments, participants received one random truthful norm-nudge that emphasized 'moral suasion" based on either what other...
Persistent link: https://www.econbiz.de/10012838243
The enforcement of social norms is the fabric of a functioning society. Through the lens of mul-tiple studies using different methodologies (a behavioral experiment and a vignette experiment in Study 1, as well as a norm elicitation experiment in Study 2), we examine how motives for lying and...
Persistent link: https://www.econbiz.de/10012653339
The model of Homo economicus has often been criticized as unrealistic. In particular, it has been found lacking for allegedly assuming that people are selfish, an assumption which is contradicted by both introspection and empirical evidence. The aim of this paper is to show that never in the...
Persistent link: https://www.econbiz.de/10013036487