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Imitation under stress

[working paper]

Buckert, Magdalena
Oechssler, Jörg
Schwieren, Christiane

Corporate Editor
Wissenschaftszentrum Berlin für Sozialforschung gGmbH

Abstract

Imitating the best strategy from the previous period has been shown to be an important heuristic, in particular in relatively complex environments. In this experiment we test whether subjects are more likely to use imitation if they are under stress. Subjects play a repeated Cournot oligopoly. Treat... view more

Imitating the best strategy from the previous period has been shown to be an important heuristic, in particular in relatively complex environments. In this experiment we test whether subjects are more likely to use imitation if they are under stress. Subjects play a repeated Cournot oligopoly. Treatments are time pressure within the task and distractions through a second task (a Stroop-task) that has to be performed as well and influences payment. We measure stress levels through salivary cortisol and heart rate. Our main findings are that time pressure and distraction can indeed raise physiological stress levels of subjects within our task. More importantly from an economic perspective, we can also observe a corresponding behavioral change that is indicative of imitation. (author's abstract)... view less

Keywords
imitation; stress; experiment; health consequences; measurement; behavior; physiology; time

Classification
Working Conditions
Other Fields of Sociology

Document language
English

Publication Year
2014

City
Berlin

Page/Pages
25 p.

Series
Discussion Papers / Wissenschaftszentrum Berlin für Sozialforschung, Forschungsschwerpunkt Markt und Entscheidung, Abteilung Ökonomik des Wandels, SP II 2014-309

Handle
https://hdl.handle.net/10419/105650

Status
Published Version; reviewed

Licence
Deposit Licence - No Redistribution, No Modifications


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© 2007 - 2025 Social Science Open Access Repository (SSOAR).
Based on DSpace, Copyright (c) 2002-2022, DuraSpace. All rights reserved.
 

 

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