Showing 1 - 10 of 34
experiments and survey-based data. In the experiment subjects are shown a network, in which their location is exogenously assigned … these biases. The experiments yield three further findings: (iii) network cognition is affected by the subject's location …, (iv) the accuracy of network cognition varies with the nature of the network, and (v) limitations in network cognition …
Persistent link: https://www.econbiz.de/10011083882
in quantity and quality of output. We use data from a controlled field experiment that changed the communication of the …
Persistent link: https://www.econbiz.de/10011084038
We examine the allocation of scarce attention in team production. Each team member is in charge of a specialized task … attention to each other, but attention is in limited supply. We show that when attention is scarce, organizational focus and … attention is evenly allocated to a select number of "leaders." The organization then excels in a small number of focal tasks at …
Persistent link: https://www.econbiz.de/10011084079
We develop and test a simple model of limited attention in intertemporal choice. The model posits that individuals …
Persistent link: https://www.econbiz.de/10008550318
In experiments, people do not always appear to think very strategically or to infer the information of others from their choices. To understand this thinking process further, we use "Mousetracking" to record which game payoffs subjects look at, for how long, in games of private information with...
Persistent link: https://www.econbiz.de/10008567802
examines whether there is support for it in the microfoundations of linked open economies. It uses the cash-in-advance general … gauged by the variance of output and prices. Hence this microfoundations model, though in a way supporting the optimal …
Persistent link: https://www.econbiz.de/10005136405
This paper addresses a number of questions which are essential to a proper understanding of the causes and effects of the inflationary process and to an assessment of the contribution of monetary policy to the achievement of long-term price stability. These questions are: (1) what are the...
Persistent link: https://www.econbiz.de/10005661822
period health care decision: either individuals acknowledge that they have made a mistake in the first period out of myopia …
Persistent link: https://www.econbiz.de/10005504681
rational features in which the decision-maker (DM) builds a simplified representation of the world. The model allows to model … rational version of the consumption-saving life cycle problem. The consumer can pay attention to the variables such as the … little attention to interest rate but pays keen attention to his income. One consequence of this is that Euler equations will …
Persistent link: https://www.econbiz.de/10011083499
We consider a lie-catching experiment with 9240 judgements. A set of videotapes shows subjects participating in a tax … compliance experiment. The subjects chose whether or not to misreport. Subjects knew that underreporters were chosen for an audit … the tax compliance experiment was higher. This suggests that, when subjects can choose whether to state the truth or to …
Persistent link: https://www.econbiz.de/10011084015