Showing 1 - 10 of 223
Despite advances in the field, we still know little about the socio-cognitive processes of team decisions, particularly their emergence from an individual level and transition to a team level. This study investigates team decision processes by using an agent-based model to conceptualize team...
Persistent link: https://www.econbiz.de/10014501897
Why do groups of even well-educated individuals sometimes persistently believe in political myths and ideologies? We follow cognition psychology in its finding that individuals sometimes stick with intuitive but false propositions. We also follow Kahneman, however, in maintaining that they...
Persistent link: https://www.econbiz.de/10012005771
This paper investigates the roles psychological biases play in deviations between subjective survival beliefs (SSBs) and objective survival probabilities (OSPs). We model deviations between SSBs and OSPs through age-dependent inverse S-shaped probability weighting functions. Our estimates...
Persistent link: https://www.econbiz.de/10012302575
Many consumers below the top of the distribution of a representative population by cognitive abilities barely react to monetary and fiscal policies that aim to stimulate consumption and borrowing, even when they are financially unconstrained and despite substantial debt capacity. Differences in...
Persistent link: https://www.econbiz.de/10012815305
Attending college is a significant human capital investment but only about 56% of those who start college will have a completed degree 6 years later. This makes identifying which skills are associated with college success an important policy concern. We surveyed over 1,100 entering college...
Persistent link: https://www.econbiz.de/10014113990
Psychological experiments demonstrate that people exhibit a taste for consistency. Individuals are inclined to interpret new evidence in ways that confirm their pre-existing beliefs. They also tend to change their beliefs to enhance the desirability of their past actions. I present a model that...
Persistent link: https://www.econbiz.de/10014120189
We explore the relationship between sibling sex composition, gender inequality and girls' locus of control. Among girls aged 10-15 in China, girls with brothers score lower in locus of control than girls with sisters, i.e., they believe that success depends more on external forces than on their...
Persistent link: https://www.econbiz.de/10014079299
We empirically assess whether hindsight bias has consequences on how citizens evaluate their political actors. Using an incentivized elicitation technique, we demonstrate that people systematically misremember their past policy preferences regarding how to best fight the Covid-19 pandemic. At...
Persistent link: https://www.econbiz.de/10014083043
We provide the first empirical evidence on the direct link between locus of control and self-control, and how they interact in explaining a range of health outcomes. Using rich Australian survey data, we find that, while the two traits are distinct constructs, a greater internal locus of control...
Persistent link: https://www.econbiz.de/10014083683
The increasing number of married women in full-time and managerial positions raises the question of whether mothers’ working conditions have any impact on the non-cognitive skills of their children. Using a nationwide child–parent survey in Japan, this study examines the association between...
Persistent link: https://www.econbiz.de/10014084695