Habits as adaptations: an experimental study

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985998%3A_____%2F18%3A00497213" target="_blank" >RIV/67985998:_____/18:00497213 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Habits as adaptations: an experimental study

Popis výsledku v původním jazyce

Psychologists emphasize two aspects of habit formation: (i) habits arise when the history of andecision process correlates with optimal continuation actions, and (ii) habits alleviate cognitionncosts. We ask whether serial correlation of optimal actions alone induces habits or if, instead,nhabits form as optimal adaptations. We compare lab treatments that differ in the informationnprovided to subjects, holding fixed the serial correlation of optimal actions. We find that pastnactions affect behavior only in the treatment in which this habit is useful. The result suggests that caution is warranted when modeling habits via a fixed utility over action sequences.

Název v anglickém jazyce

Habits as adaptations: an experimental study

Popis výsledku anglicky

Psychologists emphasize two aspects of habit formation: (i) habits arise when the history of andecision process correlates with optimal continuation actions, and (ii) habits alleviate cognitionncosts. We ask whether serial correlation of optimal actions alone induces habits or if, instead,nhabits form as optimal adaptations. We compare lab treatments that differ in the informationnprovided to subjects, holding fixed the serial correlation of optimal actions. We find that pastnactions affect behavior only in the treatment in which this habit is useful. The result suggests that caution is warranted when modeling habits via a fixed utility over action sequences.

Druh

O - Ostatní výsledky

CEP obor

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OECD FORD obor

50201 - Economic Theory

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2018

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů