Description du livre Taschenbuch. Etat : Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Revision with unchanged content. We examine the effects of observational learning and na�ve advice on the quality of decision-making in interactive tasks and decisions with ethical aspects. Although many everyday decisions are influenced by receiving advice or by observing others, little is known about the comparative impact of these types of information. Chapter 1 introduces the topic, chapters 2 and 3 report the results of two experimental beauty-contest games in which either one or all subjects receive advice or observe others' past behavior. We find that subjects receiving advice outperform uninformed subjects permanently, whereas subjects who observe others before making their decision do only have a temporary advantage. Chapter 4 presents a tax-evasion experiment and distinguishes between advice of subjects and observing statistics about subjects that show either high or low compliance. Presenting such information increases evasion, even if it comes from the sample showing relatively high compliance. Advice has a bigger impact than observing others and subjects focus on selfish payoff maximization rather than morale when giving advice. Chapter 5 concludes. 104 pp. Englisch. N� de r�f. du vendeur 9783639441093

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The Role of Naive Advice and Observational Learning

Florian Wakolbinger

Edit� par AV Akademikerverlag (2012)

ISBN 10 : 3639441095 ISBN 13 : 9783639441093

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Description du livre PAP. Etat : New. New Book. Shipped from UK. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. N� de r�f. du vendeur L0-9783639441093

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The Role of Naive Advice and Observational Learning : in Economic Decision Making - Evidence from Economic Experiments

Florian Wakolbinger

Edit� par AV Akademikerverlag (2012)

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Description du livre Taschenbuch. Etat : Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Revision with unchanged content. We examine the effects of observational learning and na�ve advice on the quality of decision-making in interactive tasks and decisions with ethical aspects. Although many everyday decisions are influenced by receiving advice or by observing others, little is known about the comparative impact of these types of information. Chapter 1 introduces the topic, chapters 2 and 3 report the results of two experimental beauty-contest games in which either one or all subjects receive advice or observe others' past behavior. We find that subjects receiving advice outperform uninformed subjects permanently, whereas subjects who observe others before making their decision do only have a temporary advantage. Chapter 4 presents a tax-evasion experiment and distinguishes between advice of subjects and observing statistics about subjects that show either high or low compliance. Presenting such information increases evasion, even if it comes from the sample showing relatively high compliance. Advice has a bigger impact than observing others and subjects focus on selfish payoff maximization rather than morale when giving advice. Chapter 5 concludes. N� de r�f. du vendeur 9783639441093

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The Role of Naive Advice and Observational Learning

Florian Wakolbinger

Edit� par AV Akademikerverlag (2012)

ISBN 10 : 3639441095 ISBN 13 : 9783639441093

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Description du livre PAP. Etat : New. New Book. Delivered from our UK warehouse in 4 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. N� de r�f. du vendeur L0-9783639441093

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The Role of Naive Advice and Observational Learning

Florian Wakolbinger

Edit� par AV Akademikerverlag (2012)

ISBN 10 : 3639441095 ISBN 13 : 9783639441093

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Description du livre Etat : New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Wakolbinger FlorianDr. Florian Wakolbinger, born 1980, has studied Economics in Linz, Prague and Innsbruck and has since then been researching in the fields of experimental and public economics. He co-founded 3E - www.drei-e.at - a s. N� de r�f. du vendeur 4988315

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