search query: @freeterm consequential thinking / total: 1
reference: 1 / 1
« previous | next »
| Author: | Kugler, T. Connolly, T. Kausel, E.E. |
| Title: | The effect of consequential thinking on Trust Game behavior |
| Journal: | Journal of Behavioral Decision Making
2009 : APR, VOL. 22:2, p. 101-119 |
| Index terms: | trust |
| Freeterms: | consequential thinking regret game |
| Language: | eng |
| Abstract: | Opposite to rational Expected Monetary Value predictions that no money will be trasferred in Trust Games, in experiments players make positive transfers. Theorists have suggested modifying the Sender's utility function while retaining utility maximization assumptions to account for the behavior. The study suggests that Senders are guided by general propensities to trust others. It is suggested also that models of Sender behavior in Complex Trust Games should not assume that participants routinely engage in consequential thinking to the extent that woulfd be required for utility maximization. |
« previous | next »
SCIMA