Journal of Behavioral and Experimental Economics最新文献

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Would you lie about your mother's birthday? A new online dishonesty experiment 你会谎报母亲的生日吗?一项新的网上不诚实实验
IF 1.6 3区 经济学
Journal of Behavioral and Experimental Economics Pub Date : 2024-02-23 DOI: 10.1016/j.socec.2024.102191
Victor von Loessl , Christoph Bühren , Björn Frank , Heike Wetzel , Elina Wiederhold
{"title":"Would you lie about your mother's birthday? A new online dishonesty experiment","authors":"Victor von Loessl ,&nbsp;Christoph Bühren ,&nbsp;Björn Frank ,&nbsp;Heike Wetzel ,&nbsp;Elina Wiederhold","doi":"10.1016/j.socec.2024.102191","DOIUrl":"10.1016/j.socec.2024.102191","url":null,"abstract":"<div><p>We ask a representative sample of German household decision-makers to enter their mother's birthday, with potential payments depending on the month and the day they state. Thus, we create an incentive to lie. Compared to the die-under-the-cup experiment, our alternative has a lower probability that the income-maximizing outcome is true. Furthermore, it is better suited for online surveys and samples in which gambling is socially stigmatized. We conduct different variations of this game to crystalize design recommendations for researchers interested in our tool. Participants lied to receive higher payoffs, but only with real monetary incentives and only to a relatively small extent. Our results are largely insensitive to several design elements that we vary, such as the probability of being paid and the magnitude of the payoffs.</p></div>","PeriodicalId":51637,"journal":{"name":"Journal of Behavioral and Experimental Economics","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2024-02-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2214804324000314/pdfft?md5=d111fbc57445fbb10b03f47e915d6ba9&pid=1-s2.0-S2214804324000314-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139954853","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
The positionality of goods and the positional concern’s origin 商品的定位和定位问题的起源
IF 1.6 3区 经济学
Journal of Behavioral and Experimental Economics Pub Date : 2024-02-17 DOI: 10.1016/j.socec.2024.102184
Martín Leites , Analía Rivero , Gonzalo Salas
{"title":"The positionality of goods and the positional concern’s origin","authors":"Martín Leites ,&nbsp;Analía Rivero ,&nbsp;Gonzalo Salas","doi":"10.1016/j.socec.2024.102184","DOIUrl":"10.1016/j.socec.2024.102184","url":null,"abstract":"<div><p>This paper investigates what goods are positional, the degree of individuals’ positional concern, and their possible drivers for a sample of Uruguayan younger. The participants’ degree of positional concern is generated using a choice experimental approach. The study combines longitudinal information about participants’ perceptions of the visibility of the goods and their reference groups and randomized information treatments to prime participants into competing narratives regarding (i) the goods, (ii) gender, and (iii) sources of inequality in society. The main findings are: (1) the visibility of the goods would not be a necessary condition for their position: jewelry, cars, and health insurance are positional goods; (2) relative income matters, but less than relative consumption of these goods; (3) the positional concern is heterogeneous at the individuals level with a bimodal distribution: one group of individuals has a high prevalence of relative concern, while the other is positional-neutral; (4) there are no differences by gender, visibility perceptions and declared reference group; and (5) individuals are less likely to report positional concerns (and inequality aversion) when differences in income come from effort and inheritance.</p></div>","PeriodicalId":51637,"journal":{"name":"Journal of Behavioral and Experimental Economics","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2024-02-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139954973","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Incomplete promises and the norm of keeping promises 不完整的承诺和遵守承诺的准则
IF 1.6 3区 经济学
Journal of Behavioral and Experimental Economics Pub Date : 2024-02-16 DOI: 10.1016/j.socec.2024.102182
Sergio Mittlaender
{"title":"Incomplete promises and the norm of keeping promises","authors":"Sergio Mittlaender","doi":"10.1016/j.socec.2024.102182","DOIUrl":"https://doi.org/10.1016/j.socec.2024.102182","url":null,"abstract":"<div><p>Promises, like contracts, are inherently incomplete and rarely specify what the promisor ought to do in different possible contingencies, thereby being apt to be interpreted differently by the promisor and promisee, with their conflicting interests, and in a self-serving manner whenever circumstances change. This article studies the effect of the incompleteness of a promise on the decision to keep the promise and on individual beliefs that are relevant for the social norm of keeping promises. It investigates, in a laboratory experiment, how individuals form beliefs about how promisors behave, how promisees expect promisors to behave, and how neutral individuals evaluate the immorality of breaking promises when a contingency that was not explicitly addressed by the promise materializes. Promisors distort their beliefs to breach without incurring guilt or moral costs when the promise is incomplete, but even neutral individuals believe that breach is more socially acceptable in this case. Results further reveal substantial heterogeneity in individual beliefs, providing insights into why people do not always respect a fundamental social norm such as keeping promises, at times violating it and at times keeping it.</p></div>","PeriodicalId":51637,"journal":{"name":"Journal of Behavioral and Experimental Economics","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2024-02-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2214804324000223/pdfft?md5=1cca73863c8ea1720fd3af20a47764f6&pid=1-s2.0-S2214804324000223-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139743984","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Valuing insurance against small probability risks: A meta-analysis 评估小概率风险保险:元分析
IF 1.6 3区 经济学
Journal of Behavioral and Experimental Economics Pub Date : 2024-02-15 DOI: 10.1016/j.socec.2024.102181
Selim Mankaï , Sébastien Marchand , Ngoc Ha Le
{"title":"Valuing insurance against small probability risks: A meta-analysis","authors":"Selim Mankaï ,&nbsp;Sébastien Marchand ,&nbsp;Ngoc Ha Le","doi":"10.1016/j.socec.2024.102181","DOIUrl":"10.1016/j.socec.2024.102181","url":null,"abstract":"<div><p>The demand for voluntary insurance against low-probability, high-impact risks is lower than expected. To assess the magnitude of the demand, we conduct a meta-analysis of contingent valuation studies using a dataset of experimentally elicited and survey-based estimates. We find that the average stated willingness to pay (WTP) for insurance is 87 % of expected losses. We perform a meta-regression analysis to examine the heterogeneity in aggregate WTP across these studies. The meta-regression reveals that information about loss probability and probability levels positively influence relative willingness to pay, whereas respondents’ average income and age have a negative effect. Moreover, we identify cultural sub-factors, such as power distance and uncertainty avoidance, that provided additional explanations for differences in WTP across international samples. Methodological factors related to the sampling and data collection process significantly influence the stated WTP. Our results, robust to model specification and publication bias, are relevant to current debates on stated preferences for low-probability risks management.</p></div>","PeriodicalId":51637,"journal":{"name":"Journal of Behavioral and Experimental Economics","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2024-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139885916","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Climate change, tipping points, and economics 气候变化、临界点和经济学
IF 1.6 3区 经济学
Journal of Behavioral and Experimental Economics Pub Date : 2024-02-12 DOI: 10.1016/j.socec.2024.102185
Aart de Zeeuw
{"title":"Climate change, tipping points, and economics","authors":"Aart de Zeeuw","doi":"10.1016/j.socec.2024.102185","DOIUrl":"https://doi.org/10.1016/j.socec.2024.102185","url":null,"abstract":"<div><p>This paper discusses the response of the economics profession to a possible occurrence of tipping points in natural systems, with a drop in welfare. For a climate tipping point, the hazard-rate model is relevant, and the paper shows that in a Ramsey growth model with climate tipping, the effect on policy is increased saving and increased taxation of greenhouse gas emissions. Climate change is often seen as a tragedy of the commons because incentives to deviate undermine cooperation and prevention of climate change. However, a climate tipping point can be prevented in a Nash equilibrium or with partial cooperation if the drop in welfare is sufficiently high. In case of uncertainty about the threshold, this result remains if the uncertainty is not too large. In the conclusion, the paper makes a few remarks on including tipping points in teaching environmental and resource economics.</p></div>","PeriodicalId":51637,"journal":{"name":"Journal of Behavioral and Experimental Economics","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2024-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2214804324000259/pdfft?md5=b0dd9096fac97611c66d2d51e1926a61&pid=1-s2.0-S2214804324000259-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139743986","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Gender effects in dictator game giving under voluntary choice of the recipient’s gender: Women favour female recipients 在自愿选择接受者性别的情况下,独裁者游戏中的性别效应:女性偏爱女性受助者
IF 1.6 3区 经济学
Journal of Behavioral and Experimental Economics Pub Date : 2024-02-01 DOI: 10.1016/j.socec.2024.102183
Maximilian Baltrusch , Philipp C. Wichardt
{"title":"Gender effects in dictator game giving under voluntary choice of the recipient’s gender: Women favour female recipients","authors":"Maximilian Baltrusch ,&nbsp;Philipp C. Wichardt","doi":"10.1016/j.socec.2024.102183","DOIUrl":"https://doi.org/10.1016/j.socec.2024.102183","url":null,"abstract":"<div><p>Allowing for free choice of the recipient’s gender in a dictator game (<span><math><mrow><mi>N</mi><mo>=</mo><mn>357</mn></mrow></math></span>), women give more frequently to their own gender (70.3% vs 9.4%) while men do not prefer a specific recipient’s gender (33.3% vs 27.8%). Conditional on a positive transfer being made, the average amount of transfers to each gender does not vary between genders, though. Once a charity recipient is added to the possible choices, overall transfers increase and gender differences in average giving mostly vanish, as the charity becomes the primary recipient for all participants. The literature on cognitive dissonance (the feeling of distress once we act against our internalised values) emphasises the importance of voluntary choice for dissonance effects to take hold. Accordingly, we interpret our results as hinting at an important detail regarding the ongoing gender debate about altruistic giving: primary differences may not be found in the amount of transfers made but in the choice of the beneficiary’s gender.</p></div>","PeriodicalId":51637,"journal":{"name":"Journal of Behavioral and Experimental Economics","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2214804324000235/pdfft?md5=3fd920ba69ad31ca16eac0ae8cacd8cf&pid=1-s2.0-S2214804324000235-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139675078","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Valuing Insurance Against Small probability risks: A Meta-Analysis 评估小概率风险保险:元分析
IF 1.6 3区 经济学
Journal of Behavioral and Experimental Economics Pub Date : 2024-02-01 DOI: 10.1016/j.socec.2024.102181
Selim Mankaï, Sébastien Marchand, Ngoc Ha Le
{"title":"Valuing Insurance Against Small probability risks: A Meta-Analysis","authors":"Selim Mankaï, Sébastien Marchand, Ngoc Ha Le","doi":"10.1016/j.socec.2024.102181","DOIUrl":"https://doi.org/10.1016/j.socec.2024.102181","url":null,"abstract":"","PeriodicalId":51637,"journal":{"name":"Journal of Behavioral and Experimental Economics","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139826022","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Effectiveness of the approval mechanism in a three-player common pool resource dilemma 三人共用资源困境中审批机制的有效性
IF 1.6 3区 经济学
Journal of Behavioral and Experimental Economics Pub Date : 2024-01-29 DOI: 10.1016/j.socec.2024.102179
Koffi Serge William Yao , Emmanuelle Lavaine , Marc Willinger
{"title":"Effectiveness of the approval mechanism in a three-player common pool resource dilemma","authors":"Koffi Serge William Yao ,&nbsp;Emmanuelle Lavaine ,&nbsp;Marc Willinger","doi":"10.1016/j.socec.2024.102179","DOIUrl":"10.1016/j.socec.2024.102179","url":null,"abstract":"<div><p>Selfish players in common pool resources games (CPR) prevent to reach socially efficient outcomes. To solve this CPR dilemma, we investigate further the approval mechanism (AM) in a three-player CPR game. Adding a third player is useful to test the efficiency of approval rules, i.e. majority versus unanimity, in the second stage of the AM. We find that the AM mitigates over-exploitation in three player CPR games, and that unanimity performs better than majority. Nevertheless, with three players, the mechanism surprisingly works better in case of approval failure rather than approval success. However, most approvals are predicted.</p></div>","PeriodicalId":51637,"journal":{"name":"Journal of Behavioral and Experimental Economics","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2024-01-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139587881","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Investigating the effect of three different factors including experience, personality and color on the decision-making process in stock markets using EEG 利用脑电图研究经验、性格和肤色等三种不同因素对股市决策过程的影响
IF 1.6 3区 经济学
Journal of Behavioral and Experimental Economics Pub Date : 2024-01-28 DOI: 10.1016/j.socec.2024.102163
Pegah AsleBagh , Ali Bonyadi Naeini , MohammadReza Moeeni
{"title":"Investigating the effect of three different factors including experience, personality and color on the decision-making process in stock markets using EEG","authors":"Pegah AsleBagh ,&nbsp;Ali Bonyadi Naeini ,&nbsp;MohammadReza Moeeni","doi":"10.1016/j.socec.2024.102163","DOIUrl":"10.1016/j.socec.2024.102163","url":null,"abstract":"<div><p>Stock markets and exchanges are crucial economic pillars in every country. Decision-making in the stock market poses significant challenges and fundamental problems for investors in this field. According to studies conducted in the field of psychology, it has been found that investors' personal experiences and personality characteristics are among the factors that influence their decision-making.</p><p>This research aims to examine the impact of three factors, namely personal experience, personality, and color, on the decision-making process of investors in stock markets, with a focus on the perspective of neuroscience. The data analysis method employed in this study involved analyzing the brain signals of investors using electroencephalography (EEG). This test was conducted individually for each participant within a simulated environment resembling the Iran stock market.</p><p>Finally, the analysis of the results revealed that the level of investors' experience significantly impacts their performance and decision-making. Additionally, in certain cases, the brain function of these individuals exhibits contrasting patterns. When examining the performance of two personality types, namely extroverted and introverted, during transactions, the findings indicated that their decision-making approaches differ across various situations. Extroverted participants exhibited a greater emotional response at various intervals compared to introverted participants. Furthermore, the analysis of the results indicated that altering the color of the numbers in the simulated trading environment influenced the emotions and reactions of investors.</p></div>","PeriodicalId":51637,"journal":{"name":"Journal of Behavioral and Experimental Economics","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2024-01-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139590699","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Removing barriers to plant-based diets: Assisting doctors with vegan patients 消除植物性饮食的障碍:协助医生照顾素食病人
IF 1.6 3区 经济学
Journal of Behavioral and Experimental Economics Pub Date : 2024-01-26 DOI: 10.1016/j.socec.2024.102175
Romain Espinosa , Thibaut Arpinon , Paco Maginot , Sébastien Demange , Florimond Peureux
{"title":"Removing barriers to plant-based diets: Assisting doctors with vegan patients","authors":"Romain Espinosa ,&nbsp;Thibaut Arpinon ,&nbsp;Paco Maginot ,&nbsp;Sébastien Demange ,&nbsp;Florimond Peureux","doi":"10.1016/j.socec.2024.102175","DOIUrl":"10.1016/j.socec.2024.102175","url":null,"abstract":"<div><p>Shifting to plant-based diets can alleviate many of the externalities associated with the current food system. Spontaneous shifts in diet are often hindered by consumers’ imperfect knowledge about the health risks and benefits, which leads them to seek advice from their doctors. However, doctors have often had only limited nutrition training, and often express negative opinions of plant-based diets, even though recent evidence suggests that they confer substantial health benefits. We here explore whether providing doctors (general practitioners) with information about the risks and benefits of plant-based diets significantly changes their attitudes and medical practices. We run a survey experiment on a representative sample of French doctors and assess the impact of an information campaign developed by doctors to inform their colleagues about plant-based nutrition through case studies. Our confirmatory analysis shows that our information campaign effectively changes doctors’ views about plant-based diets (Cohen's <em>d</em>: 0.71). To a smaller extent, we find a positive but not statistically nor economically significant effect of the intervention on the doctors’ (hypothetical) medical practice with patients who follow a plant-based diet (Cohen's <em>d</em>: 0.22).</p></div>","PeriodicalId":51637,"journal":{"name":"Journal of Behavioral and Experimental Economics","volume":null,"pages":null},"PeriodicalIF":1.6,"publicationDate":"2024-01-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2214804324000156/pdfft?md5=c5a09c1cf4e5383f25b69e5c5485cdf0&pid=1-s2.0-S2214804324000156-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139587844","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
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