Showing 1 - 10 of 939
Persistent link: https://www.econbiz.de/10003422866
Most research in economics models agents somehow motivated by outcomes. Here, we model agents motivated by procedures instead, where procedures are defined independently of an outcome. To that end, we design procedures which yield the same expected outcomes or carry the same information on...
Persistent link: https://www.econbiz.de/10003887119
Persistent link: https://www.econbiz.de/10003647956
Persistent link: https://www.econbiz.de/10012309364
Persistent link: https://www.econbiz.de/10008933703
Persistent link: https://www.econbiz.de/10008666202
Erat and Gneezy (2012) conduct an experiment to test whether people avoid lying in a situation where doing so would lead to a Pareto improvement. They conclude that many people exhibit such a "pure lie aversion." I argue that the experiment does not provide a reliable test for such an aversion,...
Persistent link: https://www.econbiz.de/10010484832
Persistent link: https://www.econbiz.de/10003717027
Persistent link: https://www.econbiz.de/10011781622
In experiments which measure subjects' beliefs, both beliefs about others' behavior and beliefs about others' beliefs, are often correlated with a subject's own choices. Such phenomena have been interpreted as evidence of a causal relationship between beliefs and behavior. An alternative...
Persistent link: https://www.econbiz.de/10012007431