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This paper provides a general overview of theories and tools to model individual and collective decision-making. In particular, stress is laid on the interaction of several decision-makers. A substantial part of this paper is devoted to utility maximization and its application to collective...
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Narratives pervade almost any aspect of our life and play a particularly important role in moral and prosocial decision-making. We study how positive (stories in favor of a prosocial action) and negative (stories in favor of a selfish action) narratives influence prosocial behavior. Our main...
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also compare this particular narrative influence with that of the actual facts contained in the story. Our subjects receive … narrative style designed to engender either optimism or pessimism. We find evidence that the explanatory style matters more than …
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