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17-083/I - Defaults, Normative Anchors and the Occurrence of Risky and Cautious Shifts


  • Authors
    Stephan Jagau, University of Amsterdam; Theo (T.J.S.) Offerman, University of Amsterdam; Tinbergen Institute, The Netherlands
  • Publication date
    September 6, 2017
  • Keywords
    risky shift, cautious shift, conformity, diffusion of responsibility, rank-dependent utility
  • JEL
    D03, D71, D81