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The literature on happiness shows that there are many factors that influence a person s happiness. Extending previous studies, we investigate the role of the freedom of choice as a key contributing construct in influencing a person s happiness. We define two hypothetical sub-constructs for the...
Persistent link: https://www.econbiz.de/10014030761
Researchers make hundreds of decisions about data collection, preparation, and analysis in their research. We use a many-analysts approach to measure the extent and impact of these decisions. Two published causal empirical results are replicated by seven replicators each. We find large...
Persistent link: https://www.econbiz.de/10012833890
In this paper, we examine the determinants of decision-making power by children and young adolescents. Moving beyond … of parental control of child behavior and child resistance. Using child reports of decision-making and psychological and … cognitive measures from the NLSY79 Child Supplement, we examine the determinants of shared and sole decision-making in seven …
Persistent link: https://www.econbiz.de/10013316882
experiment in a large retail chain. In a 2 × 2 factorial design, we vary: (i) whether store managers obtain access to decision …
Persistent link: https://www.econbiz.de/10013238644
We examine the strategic sophistication of adolescents, aged 10 to 17 years, in experimental normal-form games. Besides making choices, subjects have to state their first- and second-order beliefs. We find that choices are more often a best reply to beliefs if any player has a dominant strategy...
Persistent link: https://www.econbiz.de/10013141220
Social preferences have been shown to be an important determinant of economic decision making for many adults. We … present a large-scale experiment with 883 children and adolescents, aged eight to seventeen years. Participants make decisions …
Persistent link: https://www.econbiz.de/10013141434
We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games …. Besides making choices, decision makers have to state their first- and second-order beliefs. We find that teams play the Nash …
Persistent link: https://www.econbiz.de/10013148075
We use a simple, three-item test for cognitive abilities to investigate whether established behavioral biases that play a prominent role in behavioral economics and finance are related to cognitive abilities. We find that higher test scores on the Cognitive Reflection Test of Frederick (2005)...
Persistent link: https://www.econbiz.de/10013324818
than Italian-speaking children to delay gratification in an intertemporal choice experiment. The difference remains …
Persistent link: https://www.econbiz.de/10013014019
The Covid-19 pandemic has induced worldwide natural experiments on the effects of crowds. We exploit one of these experiments currently taking place over several countries in almost identical settings: professional football matches played behind closed doors. We find large and statistically...
Persistent link: https://www.econbiz.de/10012826230