Jan S. Krause , Gerrit Brandt , Ulrich Schmidt , Daniel Schunk
{"title":"Don’t sweat it: Ambient temperature does not affect social behavior and perception","authors":"Jan S. Krause , Gerrit Brandt , Ulrich Schmidt , Daniel Schunk","doi":"10.1016/j.joep.2023.102657","DOIUrl":"10.1016/j.joep.2023.102657","url":null,"abstract":"<div><p>Literature suggests that human perception and behavior vary with physical temperature. We conducted an experiment to study how different ambient temperatures impact social behavior and perception: subjects undertook a series of tasks measuring various aspects of social behavior and perception under three temperature conditions (cold vs. optimal vs. warm). Despite well-established findings on the effects of temperature, our data suggest that ambient temperature has no relevant influence on social behavior and perception. We corroborate our finding of a null effect using equivalence testing and provide a discussion considering recent failed replication attempts in this field of research and related studies on heat and violence.</p></div>","PeriodicalId":48318,"journal":{"name":"Journal of Economic Psychology","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2023-08-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44089827","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Do prosocial incentives motivate women to set higher goals and improve performance?","authors":"Yu Cao , C. Mónica Capra , Yuxin Su","doi":"10.1016/j.joep.2023.102659","DOIUrl":"10.1016/j.joep.2023.102659","url":null,"abstract":"<div><p>We investigate the effect of prosocial rewards on goal-setting and performance of women. We designed an online experiment where participants performed real-effort tasks. In our experimental treatments, participants were asked to set their own goals as to how many tasks they would perform within a fixed time frame. Contrary to previous research indicating that women tend to underperform due to setting lower goals for themselves compared to men, our study demonstrates that when rewards are prosocial, women set challenging, but achievable and their performance improves. Our results suggest that prosocial incentives within the goal-setting scheme can be an effective way to help women improve their performance.</p></div>","PeriodicalId":48318,"journal":{"name":"Journal of Economic Psychology","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2023-08-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41393340","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
W. Fred van Raaij , Leonore Riitsalu , Kaire Põder
{"title":"Direct and indirect effects of self-control and future time perspective on financial well-being","authors":"W. Fred van Raaij , Leonore Riitsalu , Kaire Põder","doi":"10.1016/j.joep.2023.102667","DOIUrl":"10.1016/j.joep.2023.102667","url":null,"abstract":"<div><p>Financial well-being is getting more attention in research and consumer policy, but there is limited understanding of its determinants. In this study, the effects of two psychological factors (self-control and future time perspective) are studied on two components of financial well-being (current money management stress and expected future financial security). Using structural equation modelling in data from 16 countries (n = 15,773), we find that self-control and future time perspective have both direct and indirect effects on the components of financial well-being. The indirect effects are mediated by past and present financial behaviour and have smaller effect sizes than the direct effects. Self-control is the main determinant of current money management stress, while future time perspective is the main determinant of expected future financial security. Our results emphasize that financial well-being should not be treated as a one-dimensional construct. Instead, the interventions for improving financial well-being should clearly target either its present or future component and consider psychological characteristics in their design.</p></div>","PeriodicalId":48318,"journal":{"name":"Journal of Economic Psychology","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2023-08-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44176414","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Jianbiao Li (李建标) , Wei Wang (王玮) , Qian Cao (曹倩) , Xiaofei Niu (牛晓飞)
{"title":"Transcranial stimulation over the medial prefrontal cortex increases money illusion","authors":"Jianbiao Li (李建标) , Wei Wang (王玮) , Qian Cao (曹倩) , Xiaofei Niu (牛晓飞)","doi":"10.1016/j.joep.2023.102665","DOIUrl":"10.1016/j.joep.2023.102665","url":null,"abstract":"<div><p>People often ignore the real value of money and focus on its nominal value, a phenomenon known as money illusion. In the present study, we conduct two transcranial direct current stimulation (tDCS) experiments and test the role of the medial prefrontal cortex (mPFC) in money illusion. We find that anodal stimulation over the mPFC significantly increases money illusion in an evaluative task, and this anodal stimulation effect can be replicated in an incentivized task in the context of financial choices. Our study sheds light on the neural mechanisms underlying the money illusion.</p></div>","PeriodicalId":48318,"journal":{"name":"Journal of Economic Psychology","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2023-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44946529","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Replication: Do coaches stick with what barely worked? Evidence of outcome bias in sports","authors":"Pascal Flurin Meier, Raphael Flepp, Egon Franck","doi":"10.1016/j.joep.2023.102664","DOIUrl":"https://doi.org/10.1016/j.joep.2023.102664","url":null,"abstract":"<div><p>We replicate the finding of <span>Lefgren et al. (2015)</span> showing that professional basketball coaches in the NBA discontinuously change their starting lineup more often after narrow losses than after narrow wins. This result is consistent with outcome bias because such narrow outcomes are conditionally uninformative. As our paper shows, this pattern is not restricted to the NBA; we also find evidence of outcome bias in the top women’s professional basketball league and college basketball. Finally, we show that outcome bias in coaching decisions generalizes to the National Football League (NFL). We conclude that outcome bias is credible and robust, although it has weakened over time in some instances.</p></div>","PeriodicalId":48318,"journal":{"name":"Journal of Economic Psychology","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2023-08-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49870857","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Who’s afraid of the GOATs? - Shadow effects of tennis superstars","authors":"Christian Deutscher , Lena Neuberg , Stefan Thiem","doi":"10.1016/j.joep.2023.102663","DOIUrl":"10.1016/j.joep.2023.102663","url":null,"abstract":"<div><p>In multi-stage tournaments, anticipated competition in future stages might affect the outcome of competition in the current stage. In particular, the presence of superstars might demotivate the next-best competitors from seeking to advance to later rounds, where they ultimately are likely to face a superstar. Data from men’s professional tennis tournaments held between 2004 and 2019 affirm that the participation of superstars (Djokovic, Nadal, Federer, and Murray) reduces the probability that the remaining Top 20 players win their matches. Such shadow effects arise even in very early tournament stages, in which favoured players lose more often than expected, given their ability. The effects are more pronounced when multiple superstars compete in the tournament and disappear once all superstars have been eliminated from competition. Furthermore, shadow effects increase the probability of retirement of strong but non-superstar competitors and disappear once superstar performance is not dominant.</p></div>","PeriodicalId":48318,"journal":{"name":"Journal of Economic Psychology","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2023-08-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43251078","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Moves, motives, and words: Introduction to the special issue on bargaining process","authors":"Gary E. Bolton, Emin Karagözoğlu","doi":"10.1016/j.joep.2023.102634","DOIUrl":"10.1016/j.joep.2023.102634","url":null,"abstract":"","PeriodicalId":48318,"journal":{"name":"Journal of Economic Psychology","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2023-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47720460","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Swee-Hoon Chuah , Simon Gächter , Robert Hoffmann , Jonathan H.W. Tan
{"title":"Who discriminates? Evidence from a trust game experiment across three societies","authors":"Swee-Hoon Chuah , Simon Gächter , Robert Hoffmann , Jonathan H.W. Tan","doi":"10.1016/j.joep.2023.102630","DOIUrl":"https://doi.org/10.1016/j.joep.2023.102630","url":null,"abstract":"<div><p>What personal characteristics are associated with the extent to which individuals discriminate against particular groups? We use an incentive-compatible measure of an individual’s tendency to discriminate on others’ different social identities that takes into account the costs of discrimination. In particular, we elicit participants’ willingness to discriminate (WTD) in their investments to make their decisions dependent on others’ social identities using a laboratory trust game experiment with 545 participants in three countries: Malaysia, China and the UK. Analysis of our WTD measure shows that discrimination differs depending on discriminators’ cultural group identity and political values. Demographic variables including age and gender are not significant. Overall our results support the psychological distinctiveness of WEIRD participants found in other studies.</p></div>","PeriodicalId":48318,"journal":{"name":"Journal of Economic Psychology","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2023-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49865312","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Concord and contention in a dynamic unstructured bargaining experiment with costly conflict","authors":"Lian Xue , Stefania Sitzia , Theodore L. Turocy","doi":"10.1016/j.joep.2023.102631","DOIUrl":"10.1016/j.joep.2023.102631","url":null,"abstract":"<div><p>We report experimental results from a dynamic real-time bargaining experiment. Players earn flows of income from the assets they possess at any point in the bargaining process, while they incur costs which are proportional to the size of the conflict between players’ current claims. We find that most bargaining interactions are characterised by small but non-zero amounts of contention, which arises from the process of tacitly coordinating claims, including from negotiating turn-taking approaches. Interactions with large losses from contention occur in a sizeable minority of interactions. There are significant individual differences in outcomes across participants. We do not find systematic gender effects, but do find that the locus of control of participants predicts bargaining outcomes.</p></div>","PeriodicalId":48318,"journal":{"name":"Journal of Economic Psychology","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2023-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42362348","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Not all luck is created equal: Sources of income inequality and willingness to redistribute","authors":"Reilly Wright , Abraham Aldama","doi":"10.1016/j.joep.2023.102637","DOIUrl":"10.1016/j.joep.2023.102637","url":null,"abstract":"<div><p>Despite steadily rising inequality in the US over the last few decades, demand for increasing tax rates and redistribution has not increased. A growing literature argues that one reason for this is that people might perceive inequality to be fair. This literature has documented that Americans tend to perceive economic inequality stemming from merit as being fair and inequality stemming from luck as unfair. However, “lucky breaks” in the real world do not necessarily come from a lottery or random chance but from the actions of the government favoring a “lucky” few. People might be more willing to redistribute if it compensates those negatively affected by government action. Using an online experiment we show that luck stemming from the action of a government-like actor influences individuals’ desire to redistribute earnings making them more likely to favor redistribution than in instances where inequality is caused by merit or by random luck.</p></div>","PeriodicalId":48318,"journal":{"name":"Journal of Economic Psychology","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2023-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47510484","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}