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primitives such as preferences and beliefs. I review strong biological and behavioral evidence indicating that trusting is not … just a special case of risk-taking, but based on important forms of social preferences such as betrayal aversion … preferences and beliefs, and it suggests ways to examine and interpret a causal role of trust. …
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We study two psychological channels how poverty may increase impatient behavior - an effect on time preference and reduced attention. We measured discount rates among Ugandan farmers who made decisions about when to enjoy entertainment instead of working. We find that experimentally induced...
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Purpose: The purpose of this paper is to introduce the main measures of inconsistency in the context of intertemporal choice and to identify the relationships between them (more specifically, the measures by Prelec, Takahashi and Rohde). In effect, Thaler (1981), awarded the Nobel Prize in...
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microeconomics, covering topics such as mixed strategies, discrimination, incentives, and human preferences. He also looks at finance …
Persistent link: https://www.econbiz.de/10010367539
microeconomics, covering topics such as mixed strategies, discrimination, incentives, and human preferences. He also looks at finance …
Persistent link: https://www.econbiz.de/10014481736