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Full-Text Articles in Behavioral Economics
Effects Of Temperature On Economic Preferences: A Cross-Cultural Laboratory Study Of Prosocial Behavior, Nikita Tkachenko
Effects Of Temperature On Economic Preferences: A Cross-Cultural Laboratory Study Of Prosocial Behavior, Nikita Tkachenko
Master's Theses
In light of the pressing issue of climate change, our study investigates the implications of rising temperatures on social and economic behaviors through a laboratory experiment conducted among students at university sites in Mexico, India, Kenya, Colombia, and the United States. This paper examines the influence of temperature differences and exposure length on economic decision-making among students at university sites in Mexico, Kenya, and the United States. Analyzing data from the dictator game, we explored how temperature, both ambient and wet bulb, and session length affect prosocial behavior. Our results suggest a link between temperature measures and prosocial behavior, with …
Mental Imagery Contributes To Loss Aversion By Amplifying Negative Emotions, Daniel Kroshchuk
Mental Imagery Contributes To Loss Aversion By Amplifying Negative Emotions, Daniel Kroshchuk
CMC Senior Theses
Defined as the experience of sensory information without the presence of external stimuli, mental imagery is thought to play a role in memory, emotional regulation, and decision-making. Recent studies suggest that mental imagery varies widely across the general population, with approximately 2-4% of individuals having a reduction or complete absence of visual imagination, a phenomenon known as aphantasia. Individuals with aphantasia show reduced emotional arousal to fear-inducing imagery, raising the question of how variation in imagery affects cognitive processes that are influenced by emotion. Specifically, in economic decision-making it has been shown that the prospect of loss triggers negative emotions, …