Archivio per 29 marzo 2015

29
Mar
15

Timing of Kindness Evidence from a Field Experiment

See on Scoop.itBounded Rationality and Beyond
Abstract: We conduct a field experiment in a naturally occurring labor environment and track whether the performance of workers responds to unexpected wage increases. Specifically, we investigate how the timing of wage increases affects efforts. We find that workers performance is about 11% higher for the same total wage when their wage is increased in two steps as opposed to a single increase at the outset. Moreover, workers are more honest and are more willing to do voluntary extra work after surprising wage increases compared to a baseline condition without increases.
See on econstor.eu

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29
Mar
15

Congestion in the bathtub

See on Scoop.itBounded Rationality and Beyond

This paper presents a model of urban traffic congestion that allows for hypercongestion. Hypercongestion has fundamental importance for the costs of congestion and the effect of policies such as road pricing, transit provision and traffic management, treated in the paper. In the simplest version of the model, the unregulated Nash equilibrium is also the social optimum among a wide range of potential outcomes and any reasonable road pricing scheme will be welfare decreasing. Large welfare gains can be achieved through road pricing when there is hypercongestion and travelers are heterogeneous.

Fosgerau, Mogens (2015): Congestion in the bathtub.

http://mpra.ub.uni-muenchen.de/63029/ ;

See on mpra.ub.uni-muenchen.de

29
Mar
15

The Rational Emotions exchange, Part 2: Are Israelis too competitive for peace? – Jewish Journal

See on Scoop.itWith My Right Brain

Jewish JournalThe Rational Emotions exchange, Part 2: Are Israelis too competitive for peace?Jewish JournalHis research interests include microeconomics, finance, game theory, and behavioral economics.
See on jewishjournal.com

29
Mar
15

Machine consciousness: Big data analytics and the Internet of Things – Ars Technica

See on Scoop.itGlobal Brain

Companies aim to squeeze more efficiency from operations by cloud-connecting everything.

See on arstechnica.com

29
Mar
15

When attention is a deficit: How the brain switches strategies to find better solutions

See on Scoop.itSocial Neuroscience Advances

Sometimes being too focused on a task is not a good thing. During tasks that require our attention, we might become so engrossed in what we are doing that we fail to notice there is a better way to get the job done.

See on psypost.org

29
Mar
15

Memories May Not Live in Neurons’ Synapses

See on Scoop.itSocial Neuroscience Advances

The finding could mean recollections are more enduring than expected and disrupt plans for PTSD treatments
– Read more on ScientificAmerican.com

See on scientificamerican.com

29
Mar
15

“Dressing down” is a status symbol for the elite

See on Scoop.itBounded Rationality and Beyond

Dress for success. 

The casual outfit that Facebook co-founder and CEO Mark Zuckerberg sported in front of elegantly dressed bankers and investors just before his company went public generated much clamor in the media. While some observers judged the young entrepreneur’s choice to wear his typical hoodie and jeans on such an official occasion as a mark of immaturity, others defended it as a sign of boldness that helped spread publicity about the deal.

Why is the “CEO Casual” look sported by Zuckerberg, Apple CEO Steve Jobs, and certain other business leaders interpreted as a sign of status, while other professionals in casual dress would be laughed out of a job interview? Our research explores the conditions under which nonconforming behaviors, such as wearing red sneakers in a professional setting or entering a luxury boutique wearing gym clothes, lead to attributions of enhanced status and competence rather than social disapproval.

See on qz.com




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