Theories from traditional finance (e.g. agency theory) are not suitable for impression management research as they are based on fundamental assumptions of manager and investor rationality. For the assumption that impression management results in capital misallocations to hold true requires alternative theoretical perspectives. This paper develops theoretical perspectives on corporate narrative ...

A vast literature shows that individuals frequently violate normative principles in reasoning. In evaluating the relevance of these findings for psychology, economics, and related disciplines, it is natural to ask whether reasoning errors reflect random aberrations or systematic biases. One straightforward way to approach this question is to test their persistence at the aggregate level. In thi...

Objective: This review of current literature explores the strengths and limitations of applying tools of behavioral sciences to increase the participation and completion rate of training for lower-wage, frontline incumbent workers in ways that benefit both workers and sponsoring firms. Background: While behavioral economics may have deep roots in labor economics, its application in other fields...

This article presents a short review of dual-process and dual-system theories from social and cognitive psychology and comments on their relevance for research on economic behavior. We view dual-process theories as a theoretical scaffolding which helps structure and interpret experimental results and can deliver important insights on human behavior in economic contexts. Dual-process ideas and c...

Physical inactivity has reached epidemic proportions in modern society. Abundant evidence points to a causal link between physical inactivity and increased risk for numerous noncommunicable diseases, such as some types of cancer and heart disease, as well as premature mortality. Yet, despite this overwhelming evidence, many individuals do not meet the recommended amount of physical activity req...

In 4 studies, the authors examined how intuitions about the relative difficulties of the sciences develop. In Study 1, familiar everyday phenomena in physics, chemistry, biology, psychology, and economics were pretested in adults, so as to be equally difficult to explain. When participants in kindergarten, Grades 2, 4, 6, and 8, and college were asked to rate the difficulty of understanding the...

The study aimed to investigate the impact of Behavioral Economics and Decision-Making on result organ transplantation. We have conducted this idea that social sciences a great reflection transplantation gathered more insight over subject by conducting most reliable studies in field process decision-making. psychology an indisputable close relationship, determine effect behavioral economics deci...