86,866 research outputs found
A Note on the POUM Effect with Heterogeneous Social Mobility
No full textWe study the determinants of the (steady-state) POUM effect in a model where the individuals evaluate their expected future income using both their current income and observable characteristics such as education, race or gender
Violations of betweenness and choice shifts in groups
No full textIn decision theory, the betweenness axiom postulates that a decision maker who chooses an alternative A over another alternative B must also choose any probability mixture of A and B over B itself and can never choose a probability mixture of A and B over A itself. The betweenness axiom is a weaker version of the independence axiom of expected utility theory. Numerous empirical studies documented systematic violations of the betweenness axiom in revealed individual choice under uncertainty. This paper shows that these systematic violations can be linked to another behavioral regularity—choice shifts in a group decision making. Choice shifts are observed if an individual faces the same decision problem but makes a different choice when deciding alone and in a group
Is There Psychological Pressure in Competitive Environments?
No full textThis paper provides laboratory evidence on the effect of psychological pressure in competitive environments. In our experiment, we analyze a setup of sequential tournaments, in which participants are matched in pairs and experience a kind of pressure that, as in most real world professional tasks, is not perceived as uncommon or exceptional. We do not find support for the first-mover advantage, while we obtain that second-movers perform significantly better under psychological pressure. Moreover we find that psychological pressure affects heterogeneously the performance of the subjects
Can there be a Market for Cheap-Talk Information? An Experimental Investigation
No full textThis paper reports on experiments testing the viability of markets for cheap talk information. We find that the poor quality of the information transmitted leads to a collapse of information markets. The reasons for this are surprising given the previous experimental results on cheap-talk games. Our subjects provide low-quality information even when doing so does not increase their monetary payoff
Strategic sophistication of individuals and teams. Experimental evidence
No full textMany important decisions require strategic sophistication. We examine experimentally whether teams act more strategically than individuals. We let individuals and teams make choices in simple games, and also elicit first- and second-order beliefs. We find that teams play the Nash equilibrium strategy significantly more often, and their choices are more often a best response to stated first order beliefs. Distributional preferences make equilibrium play less likely. Using a mixture model, the estimated probability to play strategically is 62% for teams, but only 40% for individuals. A model of noisy introspection reveals that teams differ from individuals in higher order beliefs
Variations on the Author
No full text“Variations on the Author” discusses two of Eduardo Coutinho’s recent films (Um Dia na Vida, from 2010, and Últimas Conversas, posthumously released in 2015) and their contribution to the general question of documentary authorship. The director’s filmography is characterized by a consistent yet self-effacing form of authorial self-inscription: Coutinho often features as an interviewer that rather than express opinions propels discourses; an interviewer that is good at listening. This mode of self-inscription characterizes him as an author who is not expressive but who is nonetheless markedly present on the screen. In Um Dia na Vida, however, Coutinho is completely absent form the image, while Últimas Conversas, on the contrary, includes a confessional prologue that moves the director from the margins to the center of his films. This article examines the ways in which these works stand out in the filmography of a director who offers new insights into the notion of cinematic authorship
Hubungan Informasi Laporan Keuangan Nasabah dengan Keputusan Pemberian Pembiayaan pada PT. Bprs Safir Bengkulu
No full textFitria Wati, Feri Susanto; The purpose of this research was to determine the relationship of the customer's financial statement information with the decision to grant financing in PT. BPRS Safir Bengkulu. PT. BPRS Safir Bengkulu established to be superior and healthy in Bengkulu Province, provide benefits in economic development, especially people of Bengkulu province, providing professional services and trust in carrying out banking business, and become a business partner community, especially employers. From the results of research conducted showed that the relationship of customer's financial statement with the decision to grant the provision of financing to PT. BPRS Safir Bengkulu from July 2014 through the month of September 2014 was not all indicators of the information has a significant relationship
- …
