Showing 1 - 10 of 331
realistic expectations later on. This paper shows that the costs induced by high aspirations are not trivial. We first develop a … evidence from a lab experiment on the factor found to be crucial: the adjustment of reference states to changes in expectations …
Persistent link: https://www.econbiz.de/10010263846
realistic expectations later on. This paper shows that the costs induced by high aspirations are not trivial. We ?rst develop a … evidence from a lab experiment on the factor found to be crucial: the adjustment of reference states to changes in expectations …
Persistent link: https://www.econbiz.de/10005090462
The paper introduces the concept of adjustment utility, that is, referencedependent utility from expectations. It …
Persistent link: https://www.econbiz.de/10010263858
Why are some people more optimistic about their life than others? Literature on locus of control suggests that optimism is associated with the belief that one's life outcomes are controlled by internal factors, such as ability, instead of external factors, such as powerful others or chance....
Persistent link: https://www.econbiz.de/10010266644
The paper introduces the concept of adjustment utility, that is, reference-dependent utility from expectations. It …
Persistent link: https://www.econbiz.de/10005051031
Why are some people more optimistic about their life than others? Literature on locus of control suggests that optimism is associated with the belief that one’s life outcomes are controlled by internal factors, such as ability, instead of external factors, such as powerful others or...
Persistent link: https://www.econbiz.de/10005051053
Recent research has cast some doubt on the general validity of outcome-based models of social preferences. We develop a model based on cognitive dissonance that focuses on the importance of self-image. An experiment (a dictator game variant) tests the model. First, we find that subjects whose...
Persistent link: https://www.econbiz.de/10010281679
Recent research has cast some doubt on the general validity of outcome-based models of social preferences. We develop a model based on cognitive dissonance that focuses on the importance of self-image. An experiment (a dictator game variant) tests the model. First, we find that subjects whose...
Persistent link: https://www.econbiz.de/10009023790
Using a symmetric 2-person prisoners’ dilemma as the base game, each playerreceives a signal for the number of rounds to be played with the same partner.The actual number of rounds (the length of the supergame) is determined bythe maximal signal where each player expects the other’s signal...
Persistent link: https://www.econbiz.de/10005866526
expectations later on.This paper shows that the costs induced by high aspirations are not trivial.We first develop a theoretical … alab experiment on the factor found to be crucial: the adjustment of referencestates to changes in expectations. The …
Persistent link: https://www.econbiz.de/10005866527