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This briefing examines how public sector organisations can use performancedata more effectively to support decision-making and produce improvements inorganisational performance. In particular it looks at the challenge of convertingperformance data into insights and then acting on those...
Persistent link: https://www.econbiz.de/10005866443
Charness et al. (2007b) have shown that group membership has a strong effect on individualdecisions in strategic games when group membership is salient through payoff commonality.In this comment I show that their findings also apply to non-strategic decisions, even when nooutgroup exists, and I...
Persistent link: https://www.econbiz.de/10005866444
On a heterogeneous experimental oligopoly market, sellers choose a price,specify a set-valued prior-free conjecture about the others' behavior, andform their own profit-aspiration for each element of their conjecture. Weformally define the concepts of satisficing and prior-free optimality...
Persistent link: https://www.econbiz.de/10005866446
Similar to welfare economics where with(out) interpersonal comparisonsone defines unique (set-valued) welfare (Pareto) optima, we present a frameworkfor one-person decision making where with(out) a prior probability distributionindividual optimality prescribes usually a unique (set of)...
Persistent link: https://www.econbiz.de/10005866454
In this paper we experimentally test skewness seeking at the individuallevel. Several prospects that can be ordered with respect to the third-degreestochastic dominance (3SD) criterion are ranked by the participants of theexperiment. We find that the skewness of a distribution has a...
Persistent link: https://www.econbiz.de/10005866533
The study of gender differences in social preferences has shown mixedresults, preventing economists and other social scientists from drawingdefinitive conclusions on this topic. Several original investigations andexperimental reviews have hypothesized that the main reason of this heterogeneityof...
Persistent link: https://www.econbiz.de/10005866566
We perform an experimenta linvestigation using a dictator game inwhich individuals must make a moral decision —to give or not to give anamount of money to poor people in the Third World. A questionnaire inwhich the subjects are asked about the reasons for their decision showsthat, at least in...
Persistent link: https://www.econbiz.de/10005866577
I conduct an experiment to assess whether majority voting on a nonbindingsharing norm affects subsequent behavior in a dictator game. Ina baseline treatment, subjects play a one shot dictator game. In a votingtreatment, subjects are first placed behind a ‘veil of ignorance’ and vote onthe...
Persistent link: https://www.econbiz.de/10005866591
´This paper aims to analize the role of personal identity indecision making. To this end, it starts by reviewing criticallythe growing literature on economics and identity. Consideringthe ambiguities that the concept of social identity poses, our proposalfocuses on the concept of personal...
Persistent link: https://www.econbiz.de/10005866610
We experimentally explore individual and interactive decision making ina sequential search task and test whether generally accepted principles ofbounded rationality (aspiration formation, satisficing, and aspiration adjustment)adequately explain the observed search behavior. Subjects can, at...
Persistent link: https://www.econbiz.de/10005866656