Showing 1 - 10 of 279
This paper reports on a preregistered study aimed at testing for executive function differences across individuals who self-reported one of four distinct dietary patterns: No Diet, No Sugar, Vegetarian, and Mediterranean Diet patterns. The incentivized decision task involves Bayesian assessments...
Persistent link: https://www.econbiz.de/10012430659
Probabilistic risk beliefs are key drivers of economic and health decisions, but people are not always certain about … measurable separately from the levels of risk beliefs. People with higher levels of imprecision update their beliefs more in …
Persistent link: https://www.econbiz.de/10014390526
exposure to risk. In this paper, we test whether overconfident people underestimate the probability of incurring an avalanche … under different levels of avalanche risk, we measured individual cognitive traits and then used a random effect logit model … overestimate their knowledge are also more likely to take the risk associated with a ski trip exposed to avalanche danger. This …
Persistent link: https://www.econbiz.de/10010513329
study, we focus on the reliability of students’ earnings expectations. To what extent is observed log earnings expectations … affected by random measurement error (noise)? A test-retest method is applied and reliability is found to be fairly low; about … analysis show how these measures of reliability can be adjusted to become more suitable to other studies, where different …
Persistent link: https://www.econbiz.de/10011641514
transmitter incentive schemes, information about the reliability of a forecast is lost in transmission more than twice as much as …
Persistent link: https://www.econbiz.de/10014462144
measurement error. This paper presents the first attempt at measuring both revealed and self-reported reliability of individuals … cross-sectional data. We demonstrate that it predicts revealed individual reliability over and above all measured … characterises, survey conditions, and experimental treatments. We show how our simple self-reported reliability measure can be used …
Persistent link: https://www.econbiz.de/10014249040
Positive and negative feelings were central to the development of economics, especially in utility theory in classical economics. While neoclassical utility theory ignored feelings, behavioral economics more recently reintroduced feelings in utility theory. Beyond feelings, economic theorists...
Persistent link: https://www.econbiz.de/10011543809
In this study we test predictions from Unconscious Thought Theory (UTT) that unconscious thought will lead to better decision making in complex decision tasks relative to conscious thought. Different from prior work testing this prediction, we use a method of manipulating conscious and...
Persistent link: https://www.econbiz.de/10011580853
Climate change has stimulated growing interest in the influence of temperature on cognition, mood and decision making. This paper is the first investigation of the impact of temperature on the outcomes of criminal court cases. It is motivated by Heyes and Saberian (2019, AEJ: Applied Economics),...
Persistent link: https://www.econbiz.de/10012179342
Cognitive functioning is critical as in our daily life a host of real-world complex decisions in high-stakes markets have to be made. The decision-making process can be vulnerable to environmental stressors. Summarizing the growing economic and epidemiologic evidence linking air pollution,...
Persistent link: https://www.econbiz.de/10011946797