Decision-Making and Behavioral Economics

Although operations research (OR) and constraint programming (CP) have different roots, the links between the two communities have grown stronger in recent years. For solving combinatorial optimization problems, the techniques of CP and OR will become so interdependent that the two research communities could eventuall…

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We evaluate the impact of a randomized educational intervention on children’s intertemporal choices. The intervention aims to improve the ability to imagine future selves and encourages forward-looking behavior using a structured curriculum delivered by children’s own trained teachers. We find that treated students ma…

• SEDA ERTAÇ GÜLER

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• SEDA ERTAÇ GÜLER

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• MEHMET YİĞİT GÜRDAL

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• SEDA ERTAÇ GÜLER

Loss aversion states that “losses loom larger than gains.” We consider two types of loss aversion defined by two interpretations of loss. A loss can be defined (1) in terms of valence or (2) in terms of possession. Correspondingly, valence loss aversion (VLA) entails greater sensitivity to negative (vs. positive) chan…

• BALER BİLGİN

This article reports the findings of 2 studies that examined the effects of low price guarantees (LPG) in retail advertisements within the framework of signaling theory. Overall, an LPG in an ad resulted in higher value perceptions and shopping intentions. Findings also suggest that the effect of an LPG is likely to b…

• MEHMET İSMAİL YAĞCI

We study the transmission of risk attitudes in a unique survey of mothers and children in which both participated in an incentivized risk preference elicitation task. We document that risk preferences are correlated between mothers and children when the children are just 7–8 years old. This correlation is only present…

• SEDA ERTAÇ GÜLER

We study the transmission of risk attitudes in a unique survey of mothers and children in which both participated in an incentivized risk preference elicitation task. We document that risk preferences are correlated between mothers and children when the children are just 7–8 years old. This correlation is only present…

• NAZLI BAYDAR

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• ALPASLAN AKAY

Accounts of arrogant employees abound, yet there is little systematic research on arrogance within organizations. In response to this oversight, this article presents the findings from four studies. In Studies 1 and 2, the authors developed the Workplace Arrogance Scale and found support for its convergent and discrim…