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Traditionally, economic models have attributed procrastination to present bias. However, procrastination may also arise when individuals derive anticipatory utility from holding motivated, overly optimistic beliefs about the workload they need to complete. This study provides a rigorous...
Persistent link: https://www.econbiz.de/10014487122
Procrastination is often attributed to time-inconsistent preferences but may also arise when individuals derive anticipatory utility from holding optimistic beliefs about their future effort costs. This study provides a rigorous empirical test for this notion of ‘motivated procrastination’....
Persistent link: https://www.econbiz.de/10014517966
The need for justification is a widely observed social phenomenon and an important part of communication. This paper examines experimentally how pure justification pressure affects conformity behavior in economic environments. The evidence is consistent with justification pressure increasing...
Persistent link: https://www.econbiz.de/10013008329
The need for justification is a widely observed social phenomenon. This paper develops a theoretical framework and reports laboratory evidence to show how pure justification pressure affects cooperative behavior in economic exchange environments. In a one-shot anonymous interaction, compared...
Persistent link: https://www.econbiz.de/10009422008
Do people with different views of what is fair attribute different intentions to actions? In a novel experimental design, participants were significantly more likely to attribute a no-redistribution vote to selfishness if they considered redistribution fair. I define this - attributing actions...
Persistent link: https://www.econbiz.de/10014115430
Narratives pervade almost any aspect of our life and play a particularly important role in moral and prosocial decision-making. We study how positive (stories in favor of a prosocial action) and negative (stories in favor of a selfish action) narratives influence prosocial behavior. Our main...
Persistent link: https://www.econbiz.de/10012110572
We study how positive narratives (stories in favor of a prosocial action) and negative narratives (stories in favor of a selfish action) influence prosocial behavior. Our main findings are that positivenarratives increase giving of selfish types substantially, compared to a baseline with no...
Persistent link: https://www.econbiz.de/10012850606
Payments and discounts incentivize participation in many transactions about which people know little, but can learn more --- payments for medical trial participation, signing bonuses for job applicants, or price rebates on consumer durables. Who opts into the transaction when given such...
Persistent link: https://www.econbiz.de/10012052276
Narratives pervade almost any aspect of our life and play a particularly important role in moral and prosocial decision-making. We study how positive (stories in favor of a prosocial action) and negative (stories in favor of a selfish action) narratives influence prosocial behavior. Our main...
Persistent link: https://www.econbiz.de/10011977855
How does the experience of success in combination with confidence affect meritocratic beliefs and preferences for redistribution? In a large-scale experiment, we manipulate both the level of confidence in own performance and the outcome of a competition to provide causal evidence. First, we...
Persistent link: https://www.econbiz.de/10014343930