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Looking at the Bright Side: The Motivation Value of Overconfidence
IZA DP No. 11564 MAY 2018 Looking at the Bright Side: The Motivation Value of Overconfidence The motivation value of confidence postulates that individual effort provision is increasing in beliefs on one’s own productivity.
Si Chen, H. Schildberg-Hörisch
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Stakes Matter in Ultimatum Games
One of the most robust findings in experimental economics is that individuals in one-shot ultimatum games reject unfair offers. Puzzlingly, rejections have been found robust to substantial increases in stakes.
S. Andersen +4 more
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Sorting in Experiments with Application to Social Preferences
E. Lazear +2 more
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Capital Tax Reform and the Real Economy: The Effects of the 2003 Dividend Tax Cut
Danny Yagan
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Risk aversion relates to cognitive ability: Preferences or Noise?
O. Andersson +3 more
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Thar She Bursts: Reducing Confusion Reduces Bubbles
Michael Kirchler +2 more
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Surprised by the Gambler's and Hot Hand Fallacies? A Truth in the Law of Small Numbers
J. Miller, Adam Sanjurjo
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Posterior Separable Cost of Information
The American Economic Review, 2022We provide testable conditions under which the cost of acquiring information is given by the expected reduction of a measure of uncertainty (e.g., entropy).
Tommaso Denti
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Complexity and Procedural Choice
American Economic Journal: Microeconomics, 2023We test the core ideas of the “automata” approach to bounded rationality, using simple experimental bandit tasks. Optimality requires subjects to use a moderately complex decision procedure, but most subjects in our baseline condition instead use simpler
J. Banovetz, Ryan Oprea
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