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Chapter 10. Behavioral Game Theory Experiments and Modeling
Camerer, Colin F.; Ho, Teck-Hua - In: Handbook of game theory with economic applications : …, (pp. 517-573). 2015
This chapter reviews recent experimental data testing game theory and behavioral models that have been inspired to explain those data. The models fall into four groups: in cognitive hierarchy or level- k models, the assumption of equilibrium is relaxed by assuming agents have beliefs about other...
Persistent link: https://www.econbiz.de/10014025449
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An experimental investigation of why individuals conform
Zafar, Basit (contributor) - 2009
Social interdependence is believed to play an important role in how people make individual choices. This paper presents a simple model constructed on the premise that people are motivated by their own payoff as well as by how their actions compare with those of other people in their reference...
Persistent link: https://www.econbiz.de/10003812571
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On Understanding the Human Nature of Good and Bad Behavior in Business : A Behavioral Ethics Approach
De Cremer, David - 2011
The numerous scandals in business, such as those at AIG, Tyco, WorldCom, Enron and Ahold, have made all of us concerned about the emergence of unethical and irresponsible behavior in organizations. Such widespread corruption in business and politics has, as result, prompted a growth of interest...
Persistent link: https://www.econbiz.de/10013133991
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Self-confidence and strategic behavior
Charness, Gary; Rustichini, Aldo; Ven, Jeroen van de - 2013
salient perturbations, we propose a strategic foundation of overconfidence. Since overconfident statements are used in …
Persistent link: https://www.econbiz.de/10010223063
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Overconfidence and stock returns : a behavioural perspective
Kourtidis, Dimitrios; Šević, Željko; Chatzoglou, … - In: International journal of behavioural accounting and … 5 (2015) 1, pp. 57-81
Persistent link: https://www.econbiz.de/10011448749
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Known unknowns : a critical determinant of confidence and calibration
Walters, Daniel J.; Fernbach, Philip M.; Fox, Craig R.; … - In: Management science : journal of the Institute for … 63 (2017) 12, pp. 4298-4307
Persistent link: https://www.econbiz.de/10011785258
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Self-confidence and strategic behavior
Charness, Gary; Rustichini, Aldo; Ven, Jeroen van de - In: Experimental economics : a journal of the Economic … 21 (2018) 1, pp. 72-98
Persistent link: https://www.econbiz.de/10011941814
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Overconfidence and gun preferences : how behavioral biases affect your safety
Cafferata, Fernando G.; Domínguez, Patricio; … - 2023
Overconfidence leads to risky behavior, including when people are around guns. Does overconfidence also shape attitudes … use of guns and more likely to declare their willingness to use guns. These results indicate that overconfidence is a … significant behavioral trait correlated with attitudes toward weapons handling, ownership, carrying, and use. Overall, over-confidence …
Persistent link: https://www.econbiz.de/10014517408
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An experimental investigation of why individuals conform
Zafar, Basit - 2009
Social interdependence is believed to play an important role in how people make individual choices. This paper presents a simple model constructed on the premise that people are motivated by their own payoff as well as by how their actions compare with those of other people in their reference...
Persistent link: https://www.econbiz.de/10010283541
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Smoking and Social Interaction
Currarini, Sergio; Fumagalli, Elena; Panebianco, Fabrizio - 2013
Smoking, like many health-related behaviors, has "social" aspects. The smoking habits of my neighbors are likely to shape my own smoking habits, due to what is known in economics as “peer effects.” These complementarities in behavior may result from emulation, joint consumption, conformism,...
Persistent link: https://www.econbiz.de/10014158366