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Choice, deferral, and consistency
Costa‐Gomes, Miguel A.; Cueva, Carlos; Gerasimou, Georgios - In: Quantitative economics : QE ; journal of the … 13 (2022) 3, pp. 1297-1318
We report on two novel choice experiments with real goods where subjects in one treatment are forced to choose, as is … the norm in economic experiments, while in the other they are not but can instead incur a small cost to defer choice … by rational choice. Our results suggest that nonforced‐choice experiments and models can be helpful in separating people …
Persistent link: https://www.econbiz.de/10013382078
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Negotiation under the curse of knowledge
Pierrot, Thibaud - 2019 - Revised November 2019
negotiation situations. We report the results of a laboratory experiment that was designed to isolate the effect of the curse of …
Persistent link: https://www.econbiz.de/10012129125
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Negotiation under the curse of knowledge
Pierrot, Thibaud - 2019
negotiation situations. We report the results of a laboratory experiment that was designed to isolate the effect of the curse of …
Persistent link: https://www.econbiz.de/10012104838
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Correlation neglect in belief formation : conference paper
Enke, Benjamin; Zimmermann, Florian - 2013
A frequent feature of information structures is that they generate signals which are not mutually independent, but rather rely on a common set of underlying information. Using a simple experimental design, we show that in such contexts many people neglect correlations in the updating process,...
Persistent link: https://www.econbiz.de/10010339934
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Incentivizing motivation and self-control preferences
Hirt-Schierbaum, Linda; Ivets, Maryna - 2021
In this paper we develop a theoretical model concerning self-control, motivation and commitment. The model, based on Gul and Pesendorfer (2001), studies a two-period decision problem of an agent who faces a given menu and might experience temptation in the second period. In this case, the agent...
Persistent link: https://www.econbiz.de/10012422193
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In-group favoritism and discrimination among multiple out-groups
Grimm, Veronika; Utikal, Verena; Valmasoni, Lorenzo - 2015
multiple out-groups. In a laboratory experiment, we use dictator games for five groups to compare actual transfers to in …
Persistent link: https://www.econbiz.de/10010529474
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Coordination under loss contracts
Ahrens, Steffen; Bitter, Lea; Bosch-Rosa, Ciril - 2020
In this paper we study the effects that loss contracts - prepayments that can be clawbacked later - have on group coordination when there is strategic uncertainty. We compare the choices made by experimental subjects in a minimum effort game. In control sessions, incentives are formulated as a...
Persistent link: https://www.econbiz.de/10012285502
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Deception through telling the truth?! : experimental evidence from individuals and teams
Sutter, Matthias - 2007 - This version: 23rd October 2007
telling a lie or misrepresenting information. In this paper I use a cheap-talk sender-receiver experiment to show that telling … where teams make decisions. -- deception ; expectations ; team decision making ; individual decision making ; experiment …
Persistent link: https://www.econbiz.de/10009731801
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Rationally inattentive consumer : an experiment
Civelli, Andrea; Deck, Cary A.; LeBlanc, Justin D.; … - 2018
This paper presents a laboratory experiment that directly tests the theoretical predictions of consumption choices …
Persistent link: https://www.econbiz.de/10012030042
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Behavior-based price discrimination under endogenous privacy
Heiny, Friederike; Li, Tianchi; Tolksdorf, Michel - 2020
experiment. We find that there is a large share of consumers who reveal their private data. Particularly, less privacy …
Persistent link: https://www.econbiz.de/10012150165