Showing 1 - 10 of 12
This papers contributes to the stream of research on rule based behavior, and rationality. A bounded rational agent can deal just with a reduced number of variables, neglecting part of the overall complexity. This is usually taken as just a limitation: agents cannot deal with all relevant...
Persistent link: https://www.econbiz.de/10015215457
According to a wide literature persons are not able to evaluate their own skills and knowledge, but the discussion on the nature, extension and determinants of this phenomenon is still open. This paper aims at proposing new empirical evidence on overconfidence and its determinants, trying to...
Persistent link: https://www.econbiz.de/10015215879
The Economics of Happiness already recognizes how procedures affect the evaluation of outcomes, although this has only been looked at within the standard framework of substantial rationality. This paper aims to go beyond that kind of approach by linking happiness and procedural rationality,...
Persistent link: https://www.econbiz.de/10015218873
This paper revisited Gregory Bateson’s theory of hierarchical learning through an experiment testing the existence of context effect and learning spill-over in two following games: a coordination game and a two-step battle-of-the sexes. The first part of the experiment is seen as a kind of...
Persistent link: https://www.econbiz.de/10015225047
This article experimentally explores the way in which human agents learn how to process and manage new information. In an abstract setting, players should perform an everyday task: selecting information, making generalizations, distinguishing contexts. The tendency to generalize is common to all...
Persistent link: https://www.econbiz.de/10015225165
We present an experiment for the study of learning in a complex task which requires both memorisation and the ability to process several pieces of information. The outcome of an action, for which immediate feedback is given, depends on the context (i.e. one of thirty-two sequences of three...
Persistent link: https://www.econbiz.de/10015226676
This paper revisited Gregory Bateson’s theory of hierarchical learning through an experiment testing the existence of context effect and learning spill-over in two following games: a coordination game and a two-step battle-of-the sexes. The first part of the experiment is seen as a kind of...
Persistent link: https://www.econbiz.de/10015230801
This paper experimentally investigates the framing effects of intertemporal choice using two different elicitation modes, termed classical and penal. In the classical mode, participants are given the choice between receiving a certain amount of money, smaller and sooner, today and a higher...
Persistent link: https://www.econbiz.de/10015257877
This paper uses a natural field experiment to better understand why individuals tend to select items at the top of lists. After randomizing the order in which new economics research papers are presented in email alerts and measuring the subsequent downloads, we provide robust evidence of...
Persistent link: https://www.econbiz.de/10015264115
This article uses university administration data to investigate the relation between student behavior (rapid response in finalizing enrolment procedures) and academic performance. It shows how student solicitude in enrolment, or a lack of it, can be a useful forecast of academic success. Several...
Persistent link: https://www.econbiz.de/10015236170