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When nudges promote neutral behavior: an experimental study of managerial decisions under risk and uncertainty

URN to cite this document:
urn:nbn:de:bvb:355-epub-540189
DOI to cite this document:
10.5283/epub.54018
Renz, Erich ; Müller, Marvin M. ; Böhm, Kim Leonardo
[img]License: Creative Commons Attribution 4.0
PDF - Published Version
(4MB)
Date of publication of this fulltext: 06 Apr 2023 06:35

This publication is part of the DEAL contract with Springer.


Abstract

Managers often make decisions in situations involving risk and uncertainty. To ensure the prosperity of the company, neutral behavior is desirable in such situations. However, when evaluating future-oriented managerial actions, cognitive biases can arise that are manifested as aversions towards risky and uncertain situations, leading to non-optimal decisions. In an online experiment with a ...

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