Abstract
This PhD dissertation investigates the physiological and psychological factors
that might affect individual economic decision-making, utilizing experimental
economic methods to explore causality. Chapter 1 provides an introduction to the subsequent chapters. Chapter 2 examines whether stress harms the rationality of economic decisions, a core assumption in economics. Results confirm that rationality is not impaired by physiological stress. Chapter 3 examines whether the domain-specific perceived control gained in one task affects effort provision and challenge-seeking behavior in another distinct task. The findings reveal that perceived control gained in one specific domain does not easily spill over to another domain. Chapter 4 explores how the method of earning wealth, categorized into low, medium, and high-interest levels, affects charitable donations. Results indicate a clear and significant overall upward trend in donations as task interest and enjoyment increase from low to high levels.
that might affect individual economic decision-making, utilizing experimental
economic methods to explore causality. Chapter 1 provides an introduction to the subsequent chapters. Chapter 2 examines whether stress harms the rationality of economic decisions, a core assumption in economics. Results confirm that rationality is not impaired by physiological stress. Chapter 3 examines whether the domain-specific perceived control gained in one task affects effort provision and challenge-seeking behavior in another distinct task. The findings reveal that perceived control gained in one specific domain does not easily spill over to another domain. Chapter 4 explores how the method of earning wealth, categorized into low, medium, and high-interest levels, affects charitable donations. Results indicate a clear and significant overall upward trend in donations as task interest and enjoyment increase from low to high levels.
Original language | English |
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Qualification | Doctor of Philosophy |
Awarding Institution |
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Supervisors/Advisors |
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Award date | 15 Jan 2025 |
Place of Publication | Tilburg |
Publisher | |
Print ISBNs | 978 90 5668 758 8 |
DOIs | |
Publication status | Published - 2025 |