Journal of Economic Psychology最新文献_第7页

IF 3.5 2区经济学

Journal of Economic Psychology Pub Date : 2024-03-06 DOI: 10.1016/j.joep.2024.102726

Moritz Janas , Michelle Jordan

{"title":"Cheap signaling of altruism","authors":"Moritz Janas , Michelle Jordan","doi":"10.1016/j.joep.2024.102726","DOIUrl":"10.1016/j.joep.2024.102726","url":null,"abstract":"<div><p>Decisions on whether to engage in a pro-social act can separate altruistic from non-altruistic individuals. We explore the role of the probability that the pro-social action has to be carried out after publicly deciding in favor of it. In such a signaling environment, a lower probability that the act has to be carried out <em>cheapens</em> the signal. We use a model to predict how this cheapness influences decision-making behavior and the updating of beliefs about the decision-maker’s level of altruism. In a laboratory experiment, we test the model’s predictions by varying the probability that the pro-social decision has to be carried out and the strength of image concerns. If the image concern is non-monetary, the experimental data reveals that, in line with the model’s predictions, the share of pro-social decisions increases in the case of cheaper signals. The prediction that the effect of the cheapness increases with image concerns cannot be confirmed by the data. Belief-updating is a crucial element of modeling pro-social decision-making in signaling environments, as it provides the trade-off between costs and image benefits. However, the experimental data does not show significant belief-updating differences depending on the cheapness of the signal after observing a pro-social decision.</p></div>","PeriodicalId":48318,"journal":{"name":"Journal of Economic Psychology","volume":"102 ","pages":"Article 102726"},"PeriodicalIF":3.5,"publicationDate":"2024-03-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140056908","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}

引用次数: 0

An empirical study of sequential offer bargaining during the Festival of Sacrifice 祭祀节期间连续报价讨价还价的实证研究

IF 3.5 2区经济学

Journal of Economic Psychology Pub Date : 2024-03-01 DOI: 10.1016/j.joep.2024.102707

Burak Dindaroglu , Seda Ertac

{"title":"An empirical study of sequential offer bargaining during the Festival of Sacrifice","authors":"Burak Dindaroglu , Seda Ertac","doi":"10.1016/j.joep.2024.102707","DOIUrl":"10.1016/j.joep.2024.102707","url":null,"abstract":"<div><p>We report results from a unique data set of real-life bargaining transactions collected from the market for livestock (sheep) before the Festival of Sacrifice (Eid al-Adha) in Izmir, Turkey. This market is characterized by frequent and aggressive bargaining, which occurs in the form of sequential price offers. We record bargaining transactions as they occur, and collect detailed information on the bargaining environment, as well as on the characteristics of buyers and sellers. We also elicit each seller’s outside option by means of an incentive compatible mechanism and obtain a reported maximum willingness to pay from buyers. We particularly focus on aspects of the bargaining process, such as non-price communication. In different types of empirical analysis, results robustly indicate that the presence and content of communication matters, for the likelihood of a sale as well as concessions made. Specifically, buyer-side communication is associated with larger concessions from the seller and a higher probability of sale. The presence of a mediator during the negotiation is associated with a higher probability of sale as well, while it has no effect on prices. We also provide results on the relative importance of groups of variables for predicting bargaining outcomes, which can provide directions for further research in bargaining.</p></div>","PeriodicalId":48318,"journal":{"name":"Journal of Economic Psychology","volume":"101 ","pages":"Article 102707"},"PeriodicalIF":3.5,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139813222","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}

引用次数: 0

Between money and speculative asset: The role of financial literacy on the perception towards Bitcoin in Italy 介于货币与投机资产之间：金融知识对意大利人对比特币看法的影响

IF 3.5 2区经济学

Journal of Economic Psychology Pub Date : 2024-02-29 DOI: 10.1016/j.joep.2024.102716

Alessandro Cascavilla

{"title":"Between money and speculative asset: The role of financial literacy on the perception towards Bitcoin in Italy","authors":"Alessandro Cascavilla","doi":"10.1016/j.joep.2024.102716","DOIUrl":"https://doi.org/10.1016/j.joep.2024.102716","url":null,"abstract":"<div><p>With Bitcoin at the forefront, cryptocurrencies are gaining traction as an alternative asset investment, particularly among young investors. Although most of the empirical evidence has shown that it could not be defined as a currency, some Bitcoin users argue the opposite. This paper analyzes the factors influencing the perception of Bitcoin, i.e., whether it is a currency or an asset, with a focus on financial literacy among a subject pool of university students in Italy. The results show that, after controlling for several individual characteristics such as behavioral biases, personal attitudes, psychological traits, and socio-demographic information, this cryptocurrency is considered more than just an asset, and thus it could replace currency, among subjects with lower financial literacy, higher knowledge of Bitcoin, and those who do not trust the banking system. In contrast, Bitcoin is considered a speculative asset among those individuals with higher financial literacy. In line with the recent evidence that cryptocurrencies are mostly owned by young investors, results indicate the importance of increasing the level of financial education among them.</p></div>","PeriodicalId":48318,"journal":{"name":"Journal of Economic Psychology","volume":"102 ","pages":"Article 102716"},"PeriodicalIF":3.5,"publicationDate":"2024-02-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140014560","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}

引用次数: 0

Shaping future generosity: The role of injunctive social norms in intertemporal pro-social giving 塑造未来的慷慨：强制性社会规范在跨时空亲社会捐赠中的作用

IF 3.5 2区经济学

Journal of Economic Psychology Pub Date : 2024-02-28 DOI: 10.1016/j.joep.2024.102717

Teng Lu, Dapeng Liang, Mei Hong

引用次数: 0

Eliciting dishonesty in online experiments: The observed vs. mind cheating game 在在线实验中诱发不诚实行为：观察与心理作弊游戏

IF 3.5 2区经济学

Journal of Economic Psychology Pub Date : 2024-02-28 DOI: 10.1016/j.joep.2024.102715

Daniel Parra

引用次数: 0

Do you have a choice?: Implications for belief updating and the disposition effect 你有选择吗：信念更新和处置效应的含义

IF 3.5 2区经济学

Journal of Economic Psychology Pub Date : 2024-02-27 DOI: 10.1016/j.joep.2024.102718

Kremena Bachmann

{"title":"Do you have a choice?: Implications for belief updating and the disposition effect","authors":"Kremena Bachmann","doi":"10.1016/j.joep.2024.102718","DOIUrl":"10.1016/j.joep.2024.102718","url":null,"abstract":"<div><p>The present paper evaluates the importance of belief updating for the prevalence of the disposition effect – the reluctance to sell assets at losses as compared to gains. In particular, the present paper studies whether restricting choices in investment risk taking decisions motivates different learning from the decision outcomes and whether such differences in learning cause differences in the emergence of the disposition effect. The results show that investors learn from negative outcomes more like Bayesians if their risk-taking decisions are restricted. Causal mediation analysis reveals that such differences in learning increases the probability to sell after losses, which improves the overall investment performance. Compared to gains, the differences in learning after losses explain also why investors making active risk-taking choices are less likely to sell after losses as compared to gains, while the effect is reversed when choices are restricted. These findings suggest that restricting the discretion in decisions influences the way investors learn from decision outcomes and these differences in learning can explain puzzling differences in the risk-taking behavior of individual investors.</p></div>","PeriodicalId":48318,"journal":{"name":"Journal of Economic Psychology","volume":"102 ","pages":"Article 102718"},"PeriodicalIF":3.5,"publicationDate":"2024-02-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0167487024000266/pdfft?md5=f0c9d73fb118664234a17df2e3b678d7&pid=1-s2.0-S0167487024000266-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140008272","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Sharing losses in dictator and ultimatum games: A meta-analysis 独裁者和最后通牒博弈中的损失分担：元分析✩

IF 3.5 2区经济学

Journal of Economic Psychology Pub Date : 2024-02-23 DOI: 10.1016/j.joep.2024.102713

François Cochard , Alexandre Flage

引用次数: 0

Delayed risk in individual and social decisions 个人和社会决策中的延迟风险

IF 3.5 2区经济学

Journal of Economic Psychology Pub Date : 2024-02-23 DOI: 10.1016/j.joep.2024.102710

Asri Özgümüs , Holger A. Rau , Stefan T. Trautmann

引用次数: 0

Smartphone use decreases trustworthiness of strangers 使用智能手机会降低陌生人的可信度

IF 3.5 2区经济学

Journal of Economic Psychology Pub Date : 2024-02-22 DOI: 10.1016/j.joep.2024.102714

Sandy Campbell , Uri Gneezy

引用次数: 0

Impatience and crime. Evidence from the NLSY97 不耐烦与犯罪。来自 NLSY97 的证据

IF 3.5 2区经济学

Journal of Economic Psychology Pub Date : 2024-02-21 DOI: 10.1016/j.joep.2024.102711

Stefania Basiglio , Alessandra Foresta , Gilberto Turati

引用次数: 0