Similar Search Results

Beliefs and utility : experimental evidence on preferences for information

Falk, Armin; Zimmermann, Florian - 2016

Beliefs are a central determinant of behavior. Recent models assume that beliefs about or the anticipation of future consumption have direct utilityconsequences. This gives rise to informational preferences, i.e., preferences over the timing and structure of information. Using a novel and...

Persistent link: https://www.econbiz.de/10011523747

Beliefs and utility : experimental evidence on preferences for information

Falk, Armin; Zimmermann, Florian - 2016

Beliefs are a central determinant of behavior. Recent models assume that beliefs about or the anticipation of future consumption have direct utility-consequences. This gives rise to informational preferences, i.e., preferences over the timing and structure of information. Using a novel and...

Persistent link: https://www.econbiz.de/10011528156

Do not incentivize eco-friendly behavior : go for a competition to go green!

Bühren, Christoph; Daskalakis, Maria - 2015

Which behavior-based interventions are more appropriate to induce energy saving: energy saving goals with or without incentive, energy saving products, environmentally related information, social comparison or competition? We try to answer this question in a comprehensive study. First, we...

Persistent link: https://www.econbiz.de/10011373730

Nudges That Hurt Those Already Hurting -- Distributional and Unintended Effects of Salience Nudges

Thunström, Linda - 2018

first design an economic laboratory experiment to examine the incidence of an opportunity cost reminder nudge (a salience … peoples' underlying spending preferences. We specifically test whether a salience nudge designed to boost spending … results highlight two important aspects of salience nudges -- given the complexity of consumer emotions and information …

Persistent link: https://www.econbiz.de/10012935416

Self-control, financial literacy and the co-holding puzzle

Gathergood, John; Weber, Jörg - 2012

We use UK household survey data incorporating measures of financial literacy and behavioural characteristics to analyse the puzzling co-existence of high cost revolving consumer credit alongside low yield liquid savings in household balance sheets, which we term the 'co-holding puzzle'....

Persistent link: https://www.econbiz.de/10009535534

Editorial

Musso, Fabio - In: Manager Journal 4 (2014) 1, pp. 1-2

Traditionally, strategic management has been analyzed from an economic perspective, with approaches aiming at understanding the mechanisms underlying firms' performance. The most relevant theories, such as the structure-strategy-performance paradigm by Porter for the analysis of competitive...

Persistent link: https://www.econbiz.de/10011167279

Loss of Self-Control in Intertemporal Choice May Be Attributable to Logarithmic Time-Perception

Takahashi, Taiki - 2011

Impulsivity and loss of self-control in drug-dependent patients have been associated with the manner in which they discount delayed rewards. Although drugs of abuse have been shown to modify perceived time duration, little is known regarding the relationship between impulsive decision-making in...

Persistent link: https://www.econbiz.de/10014180408

Confidence Following Choice

Davies, Todd - 2016

Two procedures for eliciting probability judgments are compared. In the choice method, subject answers a yes/no question and then states a probability that his/her answer is correct. In the no-choice method, subject states his/her probability that a given proposition is true. Previous...

Persistent link: https://www.econbiz.de/10014161195

Choice Over Experiments

Adams, Christopher - 2018

The decision maker is assumed to observe a large number of experiments. The paper presents conditions for the existence of a unique prior over distributions that generate each of the observed samples. The axioms over experiments admit a recursive non-expected utility representation over...

Persistent link: https://www.econbiz.de/10012920505

Quantum type indeterminacy in dynamic decision-making : self-control through identity management

Lambert-Mogiliansky, Ariane; Busemeyer, Jerome R. - In: Games 3 (2012) 2, pp. 97-118

The Type Indeterminacy model is a theoretical framework that uses some elements of quantum formalism to model the constructive preference perspective suggested by Kahneman and Tversky. In a dynamic decision context, type indeterminacy induces a game with multiple selves associated with a state...

Persistent link: https://www.econbiz.de/10009752851