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Are people honest about the extent to which they engage in unethical behaviors? We report an experiment examining the relation between self-reported risky unethical tendencies and actual dishonest behavior. Participants' self-reported risk taking tendencies were assessed using the...
Persistent link: https://www.econbiz.de/10010735456
People not only seek to avoid losses or secure gains; they also attempt to create opportunities for obtaining positive outcomes. When distributing money between gambles with equal probabilities, people often invest in turning negative gambles into positive ones, even at a cost of reduced...
Persistent link: https://www.econbiz.de/10010550646
``Waste not want not'' expresses our culture's aversion to waste. ``I could have gotten the same thing for less'' is a sentiment that can diminish pleasure in a transaction. We study people's willingness to ``pay'' to avoid this spoiler. In one scenario, participants imagined they were looking...
Persistent link: https://www.econbiz.de/10008777047