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Many important intertemporal decisions are made by groups rather than individuals. What happens to collective decisions when there is internal conflict about the tradeoff between present and future has not been thoroughly investigated so far. We study experimentally the causal effect of group...
Persistent link: https://www.econbiz.de/10012418242
, because the economics literature on group decision making has, so far, assumed homogeneity within groups. In a lab experiment …
Persistent link: https://www.econbiz.de/10012019615
, because the economics literature on group decision making has, so far, assumed homogeneity within groups. In a lab experiment …
Persistent link: https://www.econbiz.de/10012029172
Informed by Grether and Plott (1979) and Cox and Grether (1996), we implement various preference elicitation procedures over a parameter grid. First, we find a lower incidence of preference reversals for probability equivalents from the dual-to-selling version of Becker, Degroot, and Marschak (1964;...
Persistent link: https://www.econbiz.de/10011757769
, people may behave as if they would perform a non-strategic decision making task when in fact they are playing a proper game …
Persistent link: https://www.econbiz.de/10011993280
Are opportunities making thieves? Accumulated experimental evidence shows that, when people have the opportunity to cheat, often they take it. Most of the literature on cheating opportunities forces people into a tempting situation where they face a trade-off between money and morality. In our...
Persistent link: https://www.econbiz.de/10014340919
As technology-assisted decision-making is becoming more widespread, it is important to understand how the algorithmic … study the preference for human or algorithmic decision makers in re-distributive decisions. In particular, we consider … whether algorithmic decision maker will be preferred because of its unbiasedness. Contrary to previous findings, the majority …
Persistent link: https://www.econbiz.de/10014495065
elicitation mode when the elicitation contexts differentially emphasize particular aspects of the decision. Emphasis on …, but decreased members' post group commitment to the group decision. These results have implications both for group … decision making and for the study of the role of explanation-based strategies in preference formation. (C) 1995 Academic Press …
Persistent link: https://www.econbiz.de/10014210575
Economic research on gender gaps in preferences and economic outcomes has focused on variation with respect to sex-a binary classification as either a "man" or "woman." We validate a novel and simple measure of self-reported continuous gender identity (CGI) and explore whether gender identity...
Persistent link: https://www.econbiz.de/10015055268
Two rationality arguments are used to justify the link between conditional and unconditional preferences in decision …
Persistent link: https://www.econbiz.de/10003874793