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Articles 1 - 4 of 4
Full-Text Articles in Behavioral Economics
Social Influence On Risky Choice, Kesha Patel, Michael Bixter
Social Influence On Risky Choice, Kesha Patel, Michael Bixter
Student Research Symposium
Are people’s risk preferences influenced by the preferences of others they interact with or observe? Traditionally, decision preferences were conceptualized as a stable, dispositional trait. However, recent research has demonstrated that there is a degree of malleability in preferences, with social influence having a particularly potent impact. To better understand the extent of social influence on risky decision-making, a mixed-study design was carried out that involved participants making a series of hypothetical monetary choices between smaller-certain and larger-risky rewards. Participants completed three blocks of the risky-choice task: (1) the pre-exposure block where choices were made without any social information, (2) …
A Psychological Profile Of The Digitized Economy: Who Buys Cryptocurrencies, Nfts, And Meme-Stocks (And Why)?, Nicole Wolfe
A Psychological Profile Of The Digitized Economy: Who Buys Cryptocurrencies, Nfts, And Meme-Stocks (And Why)?, Nicole Wolfe
Undergraduate Student Research Internships Conference
As the global digital economy continues to grow in interest and financial worth, it is imperative to harvest data to gain early information on this nuanced economy. Already, we have witnessed billions of dollars in losses and wins at the blink of an eye, encouragement to invest from well-known celebrities and politicians, and high anxiety from the newness, power consumption, and potential outcomes of this nuanced system. Stemming from the lack of solid evidence in this emerging field, we hope to gain more insight on the early players and variation within the digitized economy. Similarly, we hope to identify specific …
The Economics Of Lotto, Ian Walker, Robert E. Pryce, Rhys Wheeler, Nick Powdathvee
The Economics Of Lotto, Ian Walker, Robert E. Pryce, Rhys Wheeler, Nick Powdathvee
International Conference on Gambling & Risk Taking
No abstract provided.
Robust Design Review Conversations, Andy Dong, Massimo Garbuio, Dan Lovallo
Robust Design Review Conversations, Andy Dong, Massimo Garbuio, Dan Lovallo
Design Thinking Research Symposium
Design reviews and executive conversations at the point of strategic decision-making share an important outcome: they both result in the (nearly) irrevocable allocation of resources to pursue a design concept or strategic option. Our study aims to contribute to the strategic decision-making scholarship by investigating the robustness of these conversations. We define a robust design review conversation as one in which the participants discuss evidence in favor of and against the option and at the same time propose new hypotheses to explain or resolve the evidence in favor of and against the option, hypotheses that can eventually be tested. We …