Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Slembeck, Tilman | - |
dc.contributor.author | Tyran, Jean-Robert | - |
dc.date.accessioned | 2018-08-24T13:32:48Z | - |
dc.date.available | 2018-08-24T13:32:48Z | - |
dc.date.issued | 2004 | - |
dc.identifier.issn | 0167-2681 | de_CH |
dc.identifier.uri | https://digitalcollection.zhaw.ch/handle/11475/9635 | - |
dc.description.abstract | The three-door problem is an example of a systematic violation of a key rationality postulate that has attracted much attention. In this seemingly simple individual decision task, most people initially fail to apply correctly Bayes’ Law, and to make the payoff-maximizing choice. Previous experimental studies have shown that individual learning reduces the incidence of irrational choices somewhat, but is far from eliminating it. We experimentally study the roles of communication and competition as institutions to mitigate the choice anomaly. We show that the three-door anomaly can be entirely eliminated by these institutions. | de_CH |
dc.language.iso | en | de_CH |
dc.publisher | Elsevier | de_CH |
dc.relation.ispartof | Journal of Economic Behavior & Organization | de_CH |
dc.rights | Licence according to publishing contract | de_CH |
dc.subject | Communication | de_CH |
dc.subject | Competition | de_CH |
dc.subject | Institution | de_CH |
dc.subject | Learning | de_CH |
dc.subject | Three door anomaly | de_CH |
dc.subject | Group decision making | de_CH |
dc.subject | Individual decision making | de_CH |
dc.subject.ddc | 150: Psychologie | de_CH |
dc.subject.ddc | 330: Wirtschaft | de_CH |
dc.title | Do institutions promote rationality? : an experimental study of the three-door anomaly | de_CH |
dc.type | Beitrag in wissenschaftlicher Zeitschrift | de_CH |
dcterms.type | Text | de_CH |
zhaw.departement | School of Management and Law | de_CH |
zhaw.organisationalunit | Zentrum für Arbeitsmärkte, Digitalisierung und Regionalökonomie (CLDR) | de_CH |
dc.identifier.doi | 10.1016/j.jebo.2003.03.002 | de_CH |
zhaw.funding.eu | No | de_CH |
zhaw.issue | 3 | de_CH |
zhaw.originated.zhaw | Yes | de_CH |
zhaw.pages.end | 350 | de_CH |
zhaw.pages.start | 337 | de_CH |
zhaw.publication.status | publishedVersion | de_CH |
zhaw.volume | 54 | de_CH |
zhaw.publication.review | Peer review (Publikation) | de_CH |
Appears in collections: | Publikationen School of Management and Law |
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Slembeck, T., & Tyran, J.-R. (2004). Do institutions promote rationality? : an experimental study of the three-door anomaly. Journal of Economic Behavior & Organization, 54(3), 337–350. https://doi.org/10.1016/j.jebo.2003.03.002
Slembeck, T. and Tyran, J.-R. (2004) ‘Do institutions promote rationality? : an experimental study of the three-door anomaly’, Journal of Economic Behavior & Organization, 54(3), pp. 337–350. Available at: https://doi.org/10.1016/j.jebo.2003.03.002.
T. Slembeck and J.-R. Tyran, “Do institutions promote rationality? : an experimental study of the three-door anomaly,” Journal of Economic Behavior & Organization, vol. 54, no. 3, pp. 337–350, 2004, doi: 10.1016/j.jebo.2003.03.002.
SLEMBECK, Tilman und Jean-Robert TYRAN, 2004. Do institutions promote rationality? : an experimental study of the three-door anomaly. Journal of Economic Behavior & Organization. 2004. Bd. 54, Nr. 3, S. 337–350. DOI 10.1016/j.jebo.2003.03.002
Slembeck, Tilman, and Jean-Robert Tyran. 2004. “Do Institutions Promote Rationality? : An Experimental Study of the Three-Door Anomaly.” Journal of Economic Behavior & Organization 54 (3): 337–50. https://doi.org/10.1016/j.jebo.2003.03.002.
Slembeck, Tilman, and Jean-Robert Tyran. “Do Institutions Promote Rationality? : An Experimental Study of the Three-Door Anomaly.” Journal of Economic Behavior & Organization, vol. 54, no. 3, 2004, pp. 337–50, https://doi.org/10.1016/j.jebo.2003.03.002.
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