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The literature on the energy-efficiency gap discusses the status-quo bias as a behavioral anomaly that potentially increases the energy consumption of a household through at least three channels: (1) by making consumers keep their energy-using durables as long as possible, until wearout forces...
Persistent link: https://www.econbiz.de/10014110522
Several studies have shown that preference is not necessarily synonymous with choice. In particular, the most preferred object from a set of objects presented in a non-choice context is not necessarily chosen when the same objects are options in a choice situation (Lichtenstein & Slovic, 1971, 1973;...
Persistent link: https://www.econbiz.de/10014143389
-savings experiment in the lab, and find evidence in support of all predictions against the rational bench- mark. People may use rules of …
Persistent link: https://www.econbiz.de/10013021884
more freedom to save for their old age. We devise an experiment where subjects face a life-cycle optimization task with …
Persistent link: https://www.econbiz.de/10013025505
more freedom to save for their old age. We devise an experiment where subjects face a life-cycle optimization task with …
Persistent link: https://www.econbiz.de/10013027009
Firms can exploit consumers' mistakes when facing complex purchasing decision problems but Gaudeul and Sugden (2012 … into adopting common ways to present their offers and thus make choice easier. We design an original experiment to check …
Persistent link: https://www.econbiz.de/10013036468
This study examined decision frame (-gain- vs. -loss-) and negotiator affect (positive vs. control) in a simulated …
Persistent link: https://www.econbiz.de/10014025982
perspective on the decision processes underlying context effects in choice …
Persistent link: https://www.econbiz.de/10014027243
pose little problem as long as they are simply a result of somewhat-noisy decision making and not a reflection of the …
Persistent link: https://www.econbiz.de/10013489445
Persistent link: https://www.econbiz.de/10013489773