Journal of Economic Psychology最新文献_第9页

The association between saving disposition and financial distress: A genetically informed approach 储蓄倾向和财务困境之间的联系:一种遗传信息的方法

IF 3.5 2区经济学

Journal of Economic Psychology Pub Date : 2023-06-01 DOI: 10.1016/j.joep.2023.102610

Alexandros Giannelis , Emily A. Willoughby , Robin Corley , Christian Hopfer , John K. Hewitt , William G. Iacono , Jacob Anderson , Aldo Rustichini , Scott I. Vrieze , Matt McGue , James J. Lee

{"title":"The association between saving disposition and financial distress: A genetically informed approach","authors":"Alexandros Giannelis , Emily A. Willoughby , Robin Corley , Christian Hopfer , John K. Hewitt , William G. Iacono , Jacob Anderson , Aldo Rustichini , Scott I. Vrieze , Matt McGue , James J. Lee","doi":"10.1016/j.joep.2023.102610","DOIUrl":"10.1016/j.joep.2023.102610","url":null,"abstract":"<div><p>Saving disposition, the tendency to save rather than consume, has been found to be associated with economic outcomes. People lacking the disposition to save are more likely to experience financial distress. This association could be driven by other economic factors, behavioral traits, or even genetic effects. Using a sample of 3,920 American twins, we develop scales to measure saving disposition and financial distress. We find genetic influences on both traits, but also a large effect of the rearing family environment on saving disposition. We estimate that 44% of the covariance between the two traits is due to genetic effects. Saving disposition remains strongly associated with lower financial distress, even after controlling for family income, cognitive ability, and personality traits. The association persists within families and monozygotic twin pairs; the twin who saves more tends to be the twin who experiences less financial distress. This result suggest that there is a direct association between saving disposition and financial distress, although the direction of causation remains unclear.</p></div>","PeriodicalId":48318,"journal":{"name":"Journal of Economic Psychology","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10118204/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"9388712","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: 2

‘Born this Way’? Prenatal exposure to testosterone may determine behavior in competition and conflict “天生如此”?产前暴露于睾丸激素可能决定竞争和冲突中的行为

IF 3.5 2区经济学

Journal of Economic Psychology Pub Date : 2023-06-01 DOI: 10.1016/j.joep.2023.102623

Pablo Brañas-Garza , Subhasish M. Chowdhury , Antonio M. Espín , Jeroen Nieboer

{"title":"‘Born this Way’? Prenatal exposure to testosterone may determine behavior in competition and conflict","authors":"Pablo Brañas-Garza , Subhasish M. Chowdhury , Antonio M. Espín , Jeroen Nieboer","doi":"10.1016/j.joep.2023.102623","DOIUrl":"https://doi.org/10.1016/j.joep.2023.102623","url":null,"abstract":"<div><p>Fetal exposure to sex hormones can have long lasting effects on human behavior. The second-to-fourth digit ratio (DR) is considered a putative marker for prenatal exposure to testosterone (vs estrogens), with higher exposure resulting in lower DR. Even though testosterone is theoretically related to competition, the role of DR in human behavior is debated; and in situations such as bilateral conflict is unknown. We investigate this through a laboratory experiment using a repeated 2-person Tullock contest played in fixed same-gender pairs. Based on a previously obtained large sample of student subjects, we selectively invited participants to the laboratory if their right-hand DR was in the top (High-DR) or bottom (Low-DR) tercile for their gender. Unbeknownst to the subjects, we performed a controlled match of the DR types (Low-Low, Low-High, High-High). This novel methodology allows us to analyze the causal effect of DR on behavior for the first time in the literature. We find that Low-DR (vs High-DR) males compete more aggressively regardless of the counterpart’s type. For females’ conflict behavior, the counterpart’s type matters more than the decision-maker’s type: Low-DRs are non-significantly more aggressive but every-one is more aggressive against High-DRs. Limitations due to sample size are discussed.</p></div>","PeriodicalId":48318,"journal":{"name":"Journal of Economic Psychology","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49899251","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

Conditionality of adaptiveness: Investigating the relationship between numeracy and adaptive behavior 适应性的条件性：探究算术能力与适应性行为之间的关系

IF 3.5 2区经济学

Journal of Economic Psychology Pub Date : 2023-06-01 DOI: 10.1016/j.joep.2023.102611

Supratik Mondal, Jakub Traczyk

{"title":"Conditionality of adaptiveness: Investigating the relationship between numeracy and adaptive behavior","authors":"Supratik Mondal, Jakub Traczyk","doi":"10.1016/j.joep.2023.102611","DOIUrl":"10.1016/j.joep.2023.102611","url":null,"abstract":"<div><p>Recent studies have illustrated that individuals with higher numeracy are more likely to make adaptive choices than individuals with lower numeracy. Highly numerate individuals can consistently make normatively superior choices by maximizing expected value (EV) in meaningful choice problems (high-payoff condition). However, in trivial problems (low-payoff condition), they can also adaptively change their strategy to make good enough choices and not follow a normatively superior strategy. Upon inspection of choice problems used in earlier studies, it was revealed that payoff was not the only varying factor between the two payoff conditions. Therefore, it is unclear whether payoff conditions alone can provide sufficient context for adaptive modulation in decision strategy. In two pre-registered studies (N = 343), we tested numerate individuals’ adaptiveness under high- and low-payoff conditions addressing the limitations of earlier studies. Results revealed that the presence of two payoff conditions together did not initiate adaptive strategy selection, regardless of participants’ numeracy. Instead, numerate individuals, compared to less numerate individuals, consistently made more EV-consistent choices in both payoff conditions. We identified that the change in EV consistency across payoff conditions was influenced more by the absolute difference than the relative difference in the expected reward.</p></div>","PeriodicalId":48318,"journal":{"name":"Journal of Economic Psychology","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41949068","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: 1

Undervaluation versus unaffordability as negotiation tactics: Evidence from a field experiment 作为谈判策略的低估与负担不起:来自实地实验的证据

IF 3.5 2区经济学

Journal of Economic Psychology Pub Date : 2023-06-01 DOI: 10.1016/j.joep.2023.102609

Haimanti Bhattacharya, Subhasish Dugar

引用次数: 2

Predicting serial position effects and judgment errors in retrospective evaluations from memory recall 回溯性评价中序列位置效应和判断错误的预测

IF 3.5 2区经济学

Journal of Economic Psychology Pub Date : 2023-06-01 DOI: 10.1016/j.joep.2023.102622

Janina A. Hoffmann , Ann-Katrin Hosch

{"title":"Predicting serial position effects and judgment errors in retrospective evaluations from memory recall","authors":"Janina A. Hoffmann , Ann-Katrin Hosch","doi":"10.1016/j.joep.2023.102622","DOIUrl":"10.1016/j.joep.2023.102622","url":null,"abstract":"<div><p>When forming global impressions in retrospect, the first, the last, and the most outstanding experience often have a lasting impact on the final evaluation of an event, as most prominently captured in the peak-end rule. Such serial position effects in impression formation provide indirect evidence that individuals reconstruct their evaluations by retrieving previous experiences from memory, instead of updating their impression online. Yet, latest work sheds doubt on the ability to predict global evaluations from memory retrieval on the individual level. In three experiments, we aim to quantify how much variability in retrospective evaluations can be attributed to memory retrieval by relating serial position effects in retrospective averaging judgments to serial recall curves from memory. The experiments revealed serial position effects in memory recall and corresponding, but less consistent effects in averaging judgments, demonstrating that individuals better recalled and more heavily weighted the first and last item. For long sequences, memory recall permitted to predict individuals’ averaging error to a moderate to strong degree, even if individuals were unaware of number recall as a potential averaging strategy (Experiment 2). Yet, shorter sequences fail to evidence the same relationship, possibly because individuals attempt to apply more optimal averaging strategies (Experiment 3). We discuss retrieval patterns as markers for distinct evaluation strategies.</p></div>","PeriodicalId":48318,"journal":{"name":"Journal of Economic Psychology","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49249046","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

Streakiness is not a theory: On “momentums” (hot hands) and their underlying mechanisms 裸奔不是一种理论:关于“动量”(热手)及其潜在机制

IF 3.5 2区经济学

Journal of Economic Psychology Pub Date : 2023-06-01 DOI: 10.1016/j.joep.2023.102627

Elia Morgulev

{"title":"Streakiness is not a theory: On “momentums” (hot hands) and their underlying mechanisms","authors":"Elia Morgulev","doi":"10.1016/j.joep.2023.102627","DOIUrl":"10.1016/j.joep.2023.102627","url":null,"abstract":"<div><p>The term momentum (or hot hand) is widely used by researchers from various disciplines when addressing streakiness. Indeed, stock prices, presidential approval ratings, students’ grades, and basketball games outcomes might all exhibit some degree of serial correlation. Over time, serial correlation assessment has evolved into a thriving research field, and it might have become a rather technical and specific matter if not for the concept of momentum that provides this “conquest for streakiness” with some theoretical underpinning and a general appeal. In this paper, we distinguish between within-contest, across-contest, and other types of serial dependencies. We also elaborate on the psychophysiological mechanisms underlying the within-contest success breeds success effect. We then bridge between literature on goal setting, high performance cycle, and momentum, as a means for addressing across-contest dependency in performance. Finally, we emphasize that the underlying mechanisms of the within-contest and across-contest success breeds success effect cannot readily explain serial correlation in other spheres. We therefore encourage researchers to go beyond simply labeling their researched phenomenon as momentum (or hot hand), instead developing more specific models and descriptions of the underlying mechanisms.</p></div>","PeriodicalId":48318,"journal":{"name":"Journal of Economic Psychology","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48838019","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: 1

The timing of communication and retaliation in bargaining: An experimental study 谈判中沟通与报复时机的实验研究

IF 3.5 2区经济学

Journal of Economic Psychology Pub Date : 2023-06-01 DOI: 10.1016/j.joep.2023.102621

Andrzej Baranski , Nicholas Haas

{"title":"The timing of communication and retaliation in bargaining: An experimental study","authors":"Andrzej Baranski , Nicholas Haas","doi":"10.1016/j.joep.2023.102621","DOIUrl":"10.1016/j.joep.2023.102621","url":null,"abstract":"<div><p>We conduct an experiment to investigate how the timing of communication affects bargaining outcomes and dynamics in a majoritarian, sequential bargaining game. Our data show that allowing for free-form written communication at the proposal-making stage leads to higher proposer power and minimum winning coalitions compared to when communication is possible at the voting stage only. Absent communication, outcomes fall in between both communication timings. Voting patterns reveal that the timing of communication affects how subjects evaluate proposals, as they are more likely to vote in favor under proposal-stage communication than under voting-stage communication all else equal. In general, communication affects bargaining dynamics in that voters retaliate more strongly against failed proposers, compared to the no communication baseline. We provide a detailed description of communication content, the medium utilized to communicate, and how the volume and timing of messages affects outcomes. Our results underscore the importance of an in-depth analysis of processes and dynamics to understand bargaining behavior, because even when communication may lead to outcomes that resemble equilibrium, the strategies employed by subjects need not.</p></div>","PeriodicalId":48318,"journal":{"name":"Journal of Economic Psychology","volume":null,"pages":null},"PeriodicalIF":3.5,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44245214","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: 1

Sex hormones and choice under risk 性激素和选择面临风险

IF 3.5 2区经济学

Journal of Economic Psychology Pub Date : 2023-06-01 DOI: 10.1016/j.joep.2023.102607

Burkhard C. Schipper

引用次数: 0

No mood effects in the field: The case of car inspections 现场无情绪影响：以汽车检查为例

IF 3.5 2区经济学

Journal of Economic Psychology Pub Date : 2023-06-01 DOI: 10.1016/j.joep.2023.102612

Margaret Samahita , Håkan J. Holm

引用次数: 0

Effectiveness of random payment in Experiments: A meta-Analysis of dictator games 实验中随机支付的有效性:对独裁者游戏的元分析

IF 3.5 2区经济学

Journal of Economic Psychology Pub Date : 2023-06-01 DOI: 10.1016/j.joep.2023.102608

Hamza Umer

引用次数: 2