Nermend / Latuszynska / ?atuszy?ska Problems, Methods and Tools in Experimental and Behavioral Economics

Computational Methods in Experimental Economics (CMEE) 2017 Conference
1. Auflage 2018
ISBN: 978-3-319-99187-0
Verlag: Springer International Publishing
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, 333 Seiten

Reihe: Springer Proceedings in Business and Economics

These proceedings highlight research on the latest trends and methods in experimental and behavioral economics. Featuring contributions presented at the 2017 Computational Methods in Experimental Economics (CMEE) conference, which was held in Lublin, Poland, it merges findings from various domains to present deep insights into topics such as game theory, decision theory, cognitive neuroscience and artificial intelligence. The fields of experimental economics and behavioral economics are rapidly evolving. Modern applications of experimental economics require the integration of know-how from disciplines including economics, computer science, psychology and neuroscience. The use of computer technology enhances researchers' ability to generate and analyze large amounts of data, allowing them to use non-standard methods of data logging for experiments such as cognitive neuronal methods. Experiments are currently being conducted with software that, on the one hand, provides interaction with the people involved in experiments, and on the other helps to accurately record their responses. The goal of the CMEE conference and the papers presented here is to provide the scientific community with essential research on and applications of computer methods in experimental economics. Combining theories, methods and regional case studies, the book offers a valuable resource for all researchers, scholars and policymakers in the areas of experimental and behavioral economics.

Kesra Nermend is Professor at the University of Szczecin, President of Center of Knowledge and Technology Transfer at University of Szczecin, and Head of the Department of Computational Methods in Experimental Economics in Institute of IT in Management in The Faculty of Economics and Management of the University of Szczecin. He has authored and co-authored about 100 publications mainly in the area of using quantitative methods and tools for the analysis of economic phenomena. Prof. Kesra is also Chair of Organization Committees and member of Programme Committees of scientific conferences; member of Polish Information Processing Society, West-Pomeranian branch; member of Scientific Society of Organization and Management, West-Pomeranian branch; member of Polish Association for Knowledge Management; member of Section of Classification and Data Analysis at Polish Statistical Association and West Pomeranian Information Society Council. Ma?gorzata ?atuszy?ska is Professor and Head of the Department of Economic Processes Modelling and Simulation Methods and Vice-Dean for Student Affairs in Institute of IT in Management in The Faculty of Economics and Management and Vice-president of Center of Knowledge and Technology Transfer at University of Szczecin at the University of Szczecin.  Prof. ?atuszy?ska is author and co-author of about 170 publications mainly from the scope of simulation methods and tools of computer science in economics, management and transport. She is also Chair and member of Programme Committees of scientific conferences,  member of Polish Information Processing Society, West-Pomeranian branch; member of the board of Scientific Society of Organization and Management, West-Pomeranian branch; member of Polish Association For Knowledge Management.  

Autoren/Hrsg.

Nermend, Kesra

Latuszynska, Malgorzata

?atuszy?ska, Ma?gorzata

Inhaltsverzeichnis

1;Preface;5
2;Contents;7
3;Theoretical Aspects of Experimental and Behavioral Economics;10
4;1 Mainstream Economics Versus Behavioral Economics—A Contribution to Reflection;11
4.1;Abstract;11
4.2;1.1 Introduction;11
4.3;1.2 Mainstream Economics—Introductory Issues;12
4.4;1.3 Behavioral Economics—Introductory Issues;14
4.5;1.4 Mainstream Economics from the Perspective of Behaviorists;20
4.6;1.5 Behavioral Economics from the Perspective of Mainstream Economists;22
4.7;1.6 Mainstream Economics and Behavioral Economics—Differentiating Aspects;24
4.8;1.7 Conclusion;25
4.9;References;26
5;2 Behavioral Aspects of Cost Management;29
5.1;Abstract;29
5.2;2.1 Introduction;30
5.3;2.2 Costs as a Subject of Management;31
5.4;2.3 Areas and Tools of Cost Management and Behavioral (Factors) Impacts;32
5.5;2.4 The Use of Selected Psychological Theories in Managing Enterprise Costs;34
5.6;2.5 Conclusions;39
5.7;References;40
6;3 The Financial Management of Households—Behavioral Economics Perspective;43
6.1;Abstract;43
6.2;3.1 Introduction;43
6.3;3.2 Selected Issues Relating to Household Decisions—A Classical Approach;44
6.4;3.3 Household Behavior in Light of Income;46
6.5;3.4 The Financial Management of Modern Households;48
6.6;3.5 Conclusion;51
6.7;References;52
7;4 Propensity to Risk and the Prospect Theory;54
7.1;Abstract;54
7.2;4.1 Introduction;55
7.3;4.2 Measures of Propensities;55
7.4;4.3 Prospect Theory and Propensity to Risk;58
7.5;4.4 Empirical Example;62
7.6;4.5 Conclusions;66
7.7;References;67
8;5 Some Theoretical Aspect of Equilibrium in Behavioral Economics;68
8.1;Abstract;68
8.2;5.1 Introduction;69
8.3;5.2 Determination of the Equilateral Cone Using a Hyperbolic Spiral;69
8.4;5.3 Stock Exchange States, the Boundary Matrix of Equilibrium for the Ideal Economy;74
8.5;5.4 Symmetry of Economic Quantities, Surfaces of Equilibrium;76
8.6;5.5 Conclusions;83
8.7;References;83
9;Methods and Tools of Contemporary Economics;84
10;6 Intuitive Methods Versus Analytical Methods in Real Estate Valuation: Preferences of Polish Real Estate Appraisers;85
10.1;Abstract;85
10.2;6.1 Introduction;85
10.3;6.2 Literature Review;87
10.4;6.3 Scope of Data and Organization of the Study;88
10.5;6.4 Test Results;89
10.6;6.5 Conclusions;92
10.7;References;93
11;7 Methodology for Choosing the Location for In-Game Advertising Billboards;94
11.1;Abstract;94
11.2;7.1 Introduction;94
11.3;7.2 Research Experiment;96
11.4;7.3 Conclusions;101
11.5;References;102
12;8 Neuromarketing Tools in Studies on Models of Social Issue Advertising Impact on Recipients;103
12.1;Abstract;103
12.2;8.1 Introduction;103
12.3;8.2 Materials and Methods;106
12.4;8.3 Results and Discussion;109
12.5;8.4 Conclusions;112
12.6;Acknowledgements;113
12.7;References;113
13;9 Impact of Negative Emotions on Social Campaigns Effectiveness—Measuring Dilemmas;116
13.1;Abstract;116
13.2;9.1 Introduction;117
13.3;9.2 Research on the Use of Negative Emotions in Social Campaigns;119
13.4;9.3 Experimental Research—Assumptions and Design;120
13.5;9.4 Results of the Pretest;122
13.6;9.5 Conclusion;126
13.7;Acknowledgements;126
13.8;References;127
14;10 Use of Computer Game as an Element of Social Campaign Focusing Attention on Reliability of Information in the Internet;129
14.1;Abstract;129
14.2;10.1 Introduction;129
14.3;10.2 Computer Games Used for Purposes of Social Campaign, Focusing Attention on Reliability of Information in the Internet;133
14.4;10.3 Examining Playability and the Campaign Message Reception;135
14.5;10.4 Conclusions;140
14.6;Acknowledgements;140
14.7;References;140
15;11 Application of the Survival Trees for Estimation of the Propensity to Accepting a Job and Resignation from the Labour Office Mediation by the Long-Term Unemployed People;142
15.1;Abstract;142
15.2;11.1 Introduction;143
15.3;11.2 Data Used in the Research;146
15.4;11.3 Research Methodology;147
15.5;11.4 Results of the Empirical Analysis;149
15.6;11.5 Conclusions;153
15.7;References;155
16;12 Expressing Our Preferences with the Use of AHP: The Game Is not Worth the Candle?;156
16.1;Abstract;156
16.2;12.1 Introduction;157
16.3;12.2 Literature Review;158
16.4;12.3 Experimental Procedure;160
16.5;12.4 Research Results;161
16.6;12.5 Conclusions;165
16.7;References;165
17;13 Experimental Study of Consumer Behavior Using Agent-Based Simulation;167
17.1;Abstract;167
17.2;13.1 Introduction;167
17.3;13.2 Agent-Based Simulation in Marketing Research;168
17.4;13.3 Methodology for Consumer Behavior Analysis Using ABS;170
17.5;13.4 The Structure of ABS Model;173
17.5.1;13.4.1 A Set of Agents and Their Attributes and Behaviors;174
17.5.2;13.4.2 A Set of Agent Relationships and Methods of Interaction;174
17.5.3;13.4.3 The Agent’s Environment;175
17.6;13.5 Model for Case Study;175
17.7;13.6 Discussion of Experimental Results;178
17.8;13.7 Conclusion;180
17.9;References;181
18;Practical Issues—Case Studies;184
19;14 The Relationship Between Doctors’ Communication and Trust in Doctor: Some Behavioural Data;185
19.1;Abstract;185
19.2;14.1 Introduction;185
19.3;14.2 Interpersonal Communication in the Physician–Patient Relationship;186
19.4;14.3 Research Methodology;189
19.5;14.4 Research Results;190
19.6;14.5 Conclusions;193
19.7;References;194
20;15 Wine Tasting: How Much Is the Contribution of the Olfaction?;196
20.1;Abstract;196
20.2;15.1 Introduction;197
20.3;15.2 Methodology and Sample;199
20.3.1;15.2.1 EEG Recording and Signal Processing;199
20.3.2;15.2.2 The Autonomic Data Recordings and Signal Processing;201
20.4;15.3 Results;201
20.4.1;15.3.1 Approach-Withdrawal Index;201
20.4.2;15.3.2 Emotional Index;202
20.5;15.4 Discussion: Perception, Action, and Emotion;203
20.6;15.5 Conclusion;204
20.7;Acknowledgements;204
20.8;References;204
21;16 Information Assimilation as a Decisive Factor About Website User’s Behaviors;207
21.1;Abstract;207
21.2;16.1 Introduction;208
21.3;16.2 Information Concept;209
21.4;16.3 Information Assimilation Concept in the Context of Different Approaches;210
21.5;16.4 The Research Assumptions of Information Assimilation Evaluation;212
21.6;16.5 Evaluation Methodology of Information Assimilation on Internet Services;214
21.7;16.6 Conclusions;223
21.8;References;224
22;17 Participatory Budgeting as Example of Behavioural Impact of Public Policies;226
22.1;Abstract;226
22.2;17.1 Introduction;227
22.3;17.2 Behavioural Approach in Public Policies;227
22.4;17.3 Participatory Budgeting Theory as Object of Impact of Behavioural Economics;229
22.5;17.4 Practical Example of Behavioural Approach Applied in Local Public Policies in Szczecin and in Community of Police;233
22.5.1;17.4.1 Scientific Approach;233
22.5.2;17.4.2 Findings and Discussion;234
22.6;17.5 Conclusions;239
22.7;References;240
23;18 Confirmation Bias in Valuation of Footballers’ Performance Rights;243
23.1;Abstract;243
23.2;18.1 Introduction;243
23.3;18.2 Professional Football, Journalists and Spectators Reactions—The Background of Confirmation Bias;245
23.4;18.3 Methodology of the Research;247
23.5;18.4 Empirical Results;249
23.6;18.5 Conclusion and Final Remarks;252
23.7;References;252
24;19 Comparison of the Order-Picking Route and Time Obtained by Using the TMAL Method with Results of Selected Take-Out Strategies;254
24.1;Abstract;254
24.2;19.1 Introduction;254
24.3;19.2 Literature Review;255
24.4;19.3 Applied Analytical Methods;257
24.5;19.4 Results of the Experiment;260
24.6;19.5 Conclusions;263
24.7;References;264
25;20 Simulation Game “Step into the Future” as a Tool of Experimental Economics—Case Study;266
25.1;Abstract;266
25.2;20.1 Introduction;266
25.3;20.2 Characteristics of the Game from the Point of View of the Experimental Elements;267
25.3.1;20.2.1 Environment;267
25.3.2;20.2.2 Institutions;268
25.3.3;20.2.3 Behaviors of the Game Participants;271
25.4;20.3 Results of Game Evaluation from a Didactic Point of View in the Context of the Experiment;274
25.5;20.4 Conclusions;275
25.6;References;275
26;21 Behavioral Economics and Rationality of Certain Economic Activities: The Case of Intra-Community Supplies;277
26.1;Abstract;277
26.2;21.1 Introduction;278
26.3;21.2 Intra-community Trade Actions Consistent with Behavioral Economics Theory;279
26.4;21.3 Data and Methodology;283
26.5;21.4 Differences Between Aggregate ICS and ICA in Comext Database;284
26.6;21.5 Irregularities in Intrastat Data;288
26.7;21.6 Conclusions;289
26.8;References;290
27;22 Cognitive Reflection Test in Predicting Rational Behavior in the Dictator Game;292
27.1;Abstract;292
27.2;22.1 Introduction;293
27.3;22.2 Background;293
27.4;22.3 Research Data and Methodology;296
27.4.1;22.3.1 Participants;296
27.4.2;22.3.2 Materials and Procedure;296
27.4.3;22.3.3 Hypothesis;297
27.5;22.4 Results;297
27.5.1;22.4.1 CRT and Dictators;298
27.5.2;22.4.2 Anonymity of the Dictator;299
27.5.3;22.4.3 Position of the Dictator;300
27.6;22.5 Discussion and Conclusion;301
27.7;References;302
28;23 A Scientific Experiment as a Research Method in the Tourism Sector in the Context of Increased Terrorism Risks;304
28.1;Abstract;304
28.2;23.1 Introduction;305
28.3;23.2 Outbound Tourism—Determinants of Development and Outbound Tourists’ Preferences;306
28.4;23.3 Neurotourism—Cognitive Neurology Research Methods in Tourism;311
28.5;23.4 Methodology;312
28.6;23.5 Results;315
28.7;23.6 Conclusions;318
28.8;References;319
29;24 The Role of Behavioral Methods Used in Research on Tourism Development;322
29.1;Abstract;322
29.2;24.1 Introduction;322
29.3;24.2 The Role of Emotions in Tourism;324
29.4;24.3 Neurocognitive Studies and Tourism;325
29.5;24.4 Methodology and Results;329
29.6;24.5 Conclusions;332
29.7;References;333