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We study the pattern of correlations across a large number of behavioral regularities, with the goal of creating an empirical basis for more comprehensive theories of decision-making. We elicit 21 behaviors using an incentivized survey on a representative sample (n = 1;000) of the U.S....
Persistent link: https://www.econbiz.de/10011897575
subjects' self-confidence. Our novel experimental design allows us to disentangle selection into insurance from the effects of …
Persistent link: https://www.econbiz.de/10011899247
I investigate whether two mechanisms leading to biased beliefs about success, overconfidence and competition neglect, influence decisions to enter competitive environments. I use a controlled laboratory setting that allows to elicit belief distributions related to absolute as well as relative...
Persistent link: https://www.econbiz.de/10011900069
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variable environments and revise their self-confidence over time. In contrast, underconfident decision-makers might be trapped …
Persistent link: https://www.econbiz.de/10011930663
variable environments and revise their self-confidence over time. In contrast, underconfident decision-makers might be trapped …
Persistent link: https://www.econbiz.de/10011966912
Governments, companies and organizations across the world have implemented strategies for countering corruption. A growing body of so-called best practice has emerged in the last 20 years. But some approaches have been criticized for being costly, ineffective or even counterproductive. This...
Persistent link: https://www.econbiz.de/10011406152
We study whether individuals in a face-to-face situation can successfully exert some lying effort to delude others. We exploit data from a laboratory experiment in which participants were asked to assess videotaped statements as being rather truthful or untruthful. The statements are...
Persistent link: https://www.econbiz.de/10011444111
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