A boat trip through economic change

Prof. Dr. Detlef Fetchenhauer ist Direktor des Instituts für Wirtschafts- und Sozialpsychologie an der Universität zu Köln. Er lehrt darüber hinaus an der Universität Wien. Im Jahr 2002 wurde er mit dem William Hamilton Postdoc Award of the Human Behavior and Evolution Society ausgezeichnet. Prof. Fechtenhauer ist Reviewer u.a. bei zahlreichen Zeitschriften.

Especially in times of economic change, interdisciplinary approaches provide valuable information toward mastering the socioeconomic challenges ahead. This book contains the proceedings from a joint conference of two major scientific organizations in the intersection of psychology and economics. Both IAREP (International Association for Research in Economic Psychology) and SABE (Society for the Advancement of Behavioral Economics) bring together researchers from different backgrounds who are interested in an interdisciplinary approach to human behavior in economic contexts. The topics of the conference cover a broad range of classical and novel approaches. For example, several contributions include individual and group decision making, social dilemmas, intertemporal choice, and game-theoretical analyses. There are also a variety of topics that concern the management of scarce resources; for example, buying, giving, credit use, investment, tax behavior, and energy-saving. Recurring themes throughout this conference are happiness, well-being, and life satisfaction. Taken together, the conference contributions represent a comprehensive overview of topics in contemporary economic psychology and behavioral economics. The current book aims at conserving this overview and providing a snapshot in the changing history of the field.

Proceedings of the IAREP/SABE/ICABEEP 2010 Conference, Cologne

1;Editorial;6
2;Contents;8
3;Keynote Lectures;24
3.1;Economic and cognitive engineering of social interaction;26
3.2;Trust in others: Its emotional, social, rather than its economic, underpinnings;27
3.3;The libertarian welfare state;28
3.4;On envy, trust, and sloths - How comparative thinking shapes economic decision making;29
4;Panel Discussion;30
4.1;Economic psychology and behavioral economics - Monozygotic twins or mere siblings?;32
5;Work Groups;34
5.1;Behavioral impediments to socially responsible stock investments;36
5.2;Social values and mutual fund clienteles;36
5.3;A social-psychological perspective on socially responsible investments;37
5.4;Effects of short versus long evaluation intervals on stock investments;38
5.5;Intra- and inter-group processes in economic decision-making;39
5.6;Intra-group discussions increase inter-group competition: An effect of social identity or rational comprehension?;40
5.7;Out-group favoritism;41
5.8;Group reciprocity;42
5.9;Productivity under group contests: Organizational culture and personality effects;44
5.10;Cooperation in the shadow of ethnic diversity and otherness;45
5.11;The economic psychology of giving and collective goods;46
5.12;Punishment cannot sustain cooperation in a public good game with free- rider anonymity;46
5.13;Coherence shifts, affect, and donations: Cognitive processes relevant to justifying pro- social behavior in social dilemma situations;48
5.14;The impact of group identification on psychological ownership;49
5.15;"We-thinking" and double crossing: Frames, reasoning, and equilibria;50
5.16;Lay economics;51
5.17;Hindsight bias for economic developments in the context of the financial crisis;52
5.18;Factors influencing perception of inflationary price increases;53
5.19;Lay versus expert judgments of trade and immigration policies - Can teachers and journalists act as effective multiplicators for economic literacy?;55
5.20;New Zealanders' views of the 2008-2009 economic crisis;56
5.21;The financial crisis and the common good: How are state interventions justified from an ethical viewpoint?;57
5.22;Perspectives on judgment and decision making;58
5.23;Individual differences in critical properties of risky decision making;59
5.24;What causes endowment effects? A connectionist perspective;60
5.25;Bayesian updating in the EEG: Differentiation between automatic and controlled processes of decision making by means of error rates and event- related potentials;61
5.26;A calibration theory of categorical judgments and decisions;62
5.27;Sustainability issues and policies: Understanding the motives for pro- environmental behavior;63
5.28;In it for the money or the environment? Affective responses to egoistic and biospheric pro- environmental appeals;64
5.29;Materialism and environmentalism;65
5.30;The cross-norm inhibition effect: How observing litter can lead to stealing;66
5.31;Values and consumer preferences;67
5.32;Sustainability issues and policies: How to achieve energy conservation?;68
5.33;How active can an active electricity consumer be?;69
5.34;Feedback on household electricity consumption: Learning and social influence processes;70
5.35;Private payment versus public praise: Effects of reward type on energy conservation;71
5.36;Using negative and positive social feedback from a robotic agent to save energy, the moderating roles of feedback relevance and multiple goal activation;73
5.37;Sustainability issues and policies: Designing the stage for sustainable choices;74
5.38;Promoting self-efficacy in healthy eating by SMS: A feedback intervention on adolescents' fruit and vegetable consumption;75
5.39;From the ivory tower to the political arena? Behavioral sciences, consumer policy, and sustainability;76
5.40;How to design regulation of agricultural practices to achieve greater sustainability by taking farmer's motivation and decision processes into account;77
5.41;Sustainable food consumption: Can "smart choice ar