Cover Image

The value of verbal feedback in allocation decisions

Show other versions (2)

Depending on the context at hand, people's preference for receiving feedback might differ. Especially in allocation decisions that directly concern another individual, feedback from the affected person can have positive or negative value. We study such preferences in a laboratory experiment by...

Full description

Saved in:
Bibliographic Details
Main Authors: Schmidt, Robert J. (Author) , Schwieren, Christiane (Author) , Vollmann, Martin (Author)
Format: Article (Journal)
Language:English
Published: 21 May 2020
In: Journal of behavioral and experimental economics
Year: 2020, Volume: 87
ISSN:2214-8043
DOI:10.1016/j.socec.2020.101548
Online Access:Verlag, lizenzpflichtig, Volltext: https://doi.org/10.1016/j.socec.2020.101548
Verlag, lizenzpflichtig, Volltext: http://www.sciencedirect.com/science/article/pii/S2214804319305063
Get full text
Author Notes:Robert Schmidt, Christiane Schwieren, Martin Vollmann

MARC

LEADER 00000caa a2200000 c 4500
001 1700209639
003 DE-627
005 20220818115039.0
007 cr uuu---uuuuu
008 200609s2020 xx |||||o 00| ||eng c
024 7 |a 10.1016/j.socec.2020.101548  |2 doi 
035 |a (DE-627)1700209639 
035 |a (DE-599)KXP1700209639 
035 |a (OCoLC)1341339116 
040 |a DE-627  |b ger  |c DE-627  |e rda 
041 |a eng 
084 |a 14  |2 sdnb 
100 1 |a Schmidt, Robert J.  |d 1990-  |e VerfasserIn  |0 (DE-588)1175470619  |0 (DE-627)1046442384  |0 (DE-576)516234722  |4 aut 
245 1 4 |a The value of verbal feedback in allocation decisions  |c Robert Schmidt, Christiane Schwieren, Martin Vollmann 
264 1 |c 21 May 2020 
300 |a 8 
336 |a Text  |b txt  |2 rdacontent 
337 |a Computermedien  |b c  |2 rdamedia 
338 |a Online-Ressource  |b cr  |2 rdacarrier 
500 |a Gesehen am 09.06.2020 
520 |a Depending on the context at hand, people's preference for receiving feedback might differ. Especially in allocation decisions that directly concern another individual, feedback from the affected person can have positive or negative value. We study such preferences in a laboratory experiment by eliciting the willingness-to-pay to receive or to avoid verbal feedback from subjects that were previously affected by an allocation decision. We find that most decision makers exhibit a positive willingness-to-pay for having control about whether feedback occurs or not. Specifically, decision makers that shared their endowment with the recipient equally revealed a positive willingness-to-pay for receiving, but not for avoiding feedback. By contrast, among decision makers that behaved selfishly, we identify both: subjects that were willing to pay for receiving and subjects that were willing to pay for avoiding feedback. The stated motivations indicate that curiosity, the desire to receive social approval and giving the recipient the chance to express his/her feelings are the main reasons for feedback acquisition, while shame and fear of negative feedback are the main reasons for avoidance. 
650 4 |a Communication 
650 4 |a Curiosity 
650 4 |a Feedback 
650 4 |a Information avoidance 
650 4 |a Non-instrumental information 
650 4 |a Social preferences 
700 1 |a Schwieren, Christiane  |d 1972-  |e VerfasserIn  |0 (DE-588)1028063180  |0 (DE-627)730252795  |0 (DE-576)177797517  |4 aut 
700 1 |a Vollmann, Martin  |d 1989-  |e VerfasserIn  |0 (DE-588)1199506729  |0 (DE-627)1681807963  |4 aut 
773 0 8 |i Enthalten in  |t Journal of behavioral and experimental economics  |d Amsterdam [u.a.] : Elsevier, 2014  |g 87(2020) Artikel-Nummer 101548, 8 Seiten  |h Online-Ressource  |w (DE-627)78157157X  |w (DE-600)2763246-5  |w (DE-576)403255465  |x 2214-8043  |7 nnas  |a The value of verbal feedback in allocation decisions 
773 1 8 |g volume:87  |g year:2020  |g extent:8  |a The value of verbal feedback in allocation decisions 
776 0 8 |i Erscheint auch als  |n Druck-Ausgabe  |a Schmidt, Robert J., 1990 -   |t The value of verbal feedback in allocation decisions  |d 2020  |w (DE-627)1754797784 
787 0 8 |i Forschungsdaten  |a Schmidt, Robert J., 1990 -   |t The value of verbal feedback in allocation decisions [online appendix and replication package]  |d Heidelberg : Universität, 2020  |h 1 Online-Ressource (61 Files)  |w (DE-627)1700208756 
856 4 0 |u https://doi.org/10.1016/j.socec.2020.101548  |x Verlag  |x Resolving-System  |z lizenzpflichtig  |3 Volltext 
856 4 0 |u http://www.sciencedirect.com/science/article/pii/S2214804319305063  |x Verlag  |z lizenzpflichtig  |3 Volltext 
951 |a AR 
992 |a 20200609 
993 |a Article 
994 |a 2020 
998 |g 1199506729  |a Vollmann, Martin  |m 1199506729:Vollmann, Martin  |d 180000  |d 181000  |e 180000PV1199506729  |e 181000PV1199506729  |k 0/180000/  |k 1/180000/181000/  |p 3  |y j 
998 |g 1028063180  |a Schwieren, Christiane  |m 1028063180:Schwieren, Christiane  |d 180000  |d 181000  |e 180000PS1028063180  |e 181000PS1028063180  |k 0/180000/  |k 1/180000/181000/  |p 2 
998 |g 1175470619  |a Schmidt, Robert J.  |m 1175470619:Schmidt, Robert J.  |d 180000  |e 180000PS1175470619  |k 0/180000/  |p 1  |x j 
999 |a KXP-PPN1700209639  |e 3684490415 
BIB |a Y 
SER |a journal 
JSO |a {"relHost":[{"type":{"bibl":"periodical","media":"Online-Ressource"},"part":{"extent":"8","text":"87(2020) Artikel-Nummer 101548, 8 Seiten","volume":"87","year":"2020"},"note":["Gesehen am 23.03.2022"],"title":[{"title":"Journal of behavioral and experimental economics","title_sort":"Journal of behavioral and experimental economics"}],"origin":[{"publisher":"Elsevier","dateIssuedDisp":"2014-","dateIssuedKey":"2014","publisherPlace":"Amsterdam [u.a.]"}],"recId":"78157157X","pubHistory":["49.2014 -"],"disp":"The value of verbal feedback in allocation decisionsJournal of behavioral and experimental economics","id":{"eki":["78157157X"],"issn":["2214-8043"],"zdb":["2763246-5"]},"language":["eng"],"physDesc":[{"extent":"Online-Ressource"}]}],"name":{"displayForm":["Robert Schmidt, Christiane Schwieren, Martin Vollmann"]},"origin":[{"dateIssuedDisp":"21 May 2020","dateIssuedKey":"2020"}],"person":[{"given":"Robert J.","role":"aut","roleDisplay":"VerfasserIn","family":"Schmidt","display":"Schmidt, Robert J."},{"given":"Christiane","role":"aut","display":"Schwieren, Christiane","family":"Schwieren","roleDisplay":"VerfasserIn"},{"role":"aut","given":"Martin","roleDisplay":"VerfasserIn","display":"Vollmann, Martin","family":"Vollmann"}],"title":[{"title_sort":"value of verbal feedback in allocation decisions","title":"The value of verbal feedback in allocation decisions"}],"note":["Gesehen am 09.06.2020"],"type":{"bibl":"article-journal","media":"Online-Ressource"},"physDesc":[{"extent":"8 S."}],"id":{"doi":["10.1016/j.socec.2020.101548"],"eki":["1700209639"]},"language":["eng"],"recId":"1700209639"} 
SRT |a SCHMIDTROBVALUEOFVER2120 

Similar Items