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Humans make decisions jointly with others. They share responsibility for the outcome with their interaction partners. Today, more and more often the partner in a decision is not another human but, instead, a machine. Here we ask whether the type of the partner, machine or human, affects our...
Persistent link: https://www.econbiz.de/10011899056
in each asset, e.g. because traders maximize an expected Constant Relative Risk Aversion utility with unitary coefficient … dependent fractions, e.g. they are derived from the maximization of expected Constant Relative Risk Aversion utility with non …
Persistent link: https://www.econbiz.de/10009009683
; information transactions ; Kullback-Leibler divergence ; relative entropy ; decision under uncertainty ; investment ; Blackwell …
Persistent link: https://www.econbiz.de/10009633817
of risk preferences under responsibility. In addition, we also find that responsibility reduces loss aversion according …
Persistent link: https://www.econbiz.de/10010469603
We analyze subjects' eye movements while they make decisions in a series of one-shot games. The majority of them perform a partial and selective analysis of the payoff matrix, often ignoring the payoffs of the opponent and/or paying attention only to specific cells. Our results suggest that...
Persistent link: https://www.econbiz.de/10009709528
We report results from a sender-receiver deception game, which tests whether an individual's decision to deceive is influenced by a concern for relative standing in a reference group. The sender ranks six possible outcomes, each specifying a payoff for him and the receiver. A message is then...
Persistent link: https://www.econbiz.de/10010404042
. Surprisingly, we have null findings for testosterone as well as estradiol and cortisol. Controlling for risk aversion does not … ; Gender ; Competition ; Aggression ; Dominance ; Risk-taking ; Endocrinological economics …
Persistent link: https://www.econbiz.de/10009544159
In an experiment using two-bidder first-price sealed bid auctions with symmetric independent private values, we … ; menstrual cycle ; gender ; likelihood of conception ; first price auction ; risk behavior ; competition ; bidding …
Persistent link: https://www.econbiz.de/10003878997
classified as equilibrating. -- central bank ; cooperation ; conflict ; exchange rate ; experiment ; market power ; heuristics …
Persistent link: https://www.econbiz.de/10003612858
Persistent link: https://www.econbiz.de/10003385467