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Many experimental studies report that economics students tend to act more selfishly than students of other disciplines, a finding that received widespread public and professional attention. Two main explanations that the existing literature offers for the differences found in the behavior...
Persistent link: https://www.econbiz.de/10015213431
, incentive mechanisms, repeated trials and learning. The hope is that increasing awareness on some sharing methodologies will …
Persistent link: https://www.econbiz.de/10015215028
qualitative census methodology is adapted and employed to explore how various institutional and program factors relate to certain …
Persistent link: https://www.econbiz.de/10015220548
In quantitative research methodology, the empirical research method is finding importance due to its effectiveness in …
Persistent link: https://www.econbiz.de/10015223885
This economic experiment initiates in evaluating a model's performance in predicting a decision. The reciprocity model is measured its accuracy rate in prediction and informativeness as aspects of the model's performance. Seventy-nine undergraduate students voluntarily joined the experiment....
Persistent link: https://www.econbiz.de/10015231112
We propose a model for individuals who have incomplete preferences and attempt to complete them. We show that two empirical puzzles ‑ the willingness-to-pay and willingness-to-ask (WTP-WTA) gap as well as the present bias ‑ arise naturally in the process of completing incomplete preferences....
Persistent link: https://www.econbiz.de/10015262845
This work aims to study the individual intertemporal decision-making process under risk and uncertainty, by replicating via an online experiment the design proposed by Anderson and Stafford (2009). The structure of questionnaire is the same as the one of the original experiment, in which...
Persistent link: https://www.econbiz.de/10015264567
We propose a model for individuals who have incomplete preferences and attempt to complete them. We show that two empirical puzzles ‑ the willingness-to-pay and willingness-to-ask (WTP-WTA) gap as well as the present bias ‑ arise naturally in the process of completing incomplete preferences....
Persistent link: https://www.econbiz.de/10015252817
Regulators of artificial intelligence (AI) emphasize the importance of human autonomy and oversight in AI-assisted decision-making (European Commission, Directorate-General for Communications Networks, Content and Technology, 2021; 117th Congress, 2022). Predictions are the foundation of all AI...
Persistent link: https://www.econbiz.de/10015213521
This paper reports recent findings on the effects of cheap talk communication on behavior. It exemplifies how different communication channels influence decisions in various games and information environments and addresses possible consequences for the design of real-world economic environments.
Persistent link: https://www.econbiz.de/10015216051