{"id":984,"date":"2017-09-01T14:14:54","date_gmt":"2017-09-01T12:14:54","guid":{"rendered":"http:\/\/141.2.195.31\/wordpress\/?p=984"},"modified":"2020-01-22T09:21:57","modified_gmt":"2020-01-22T08:21:57","slug":"illusion-of-control-and-the-pursuit-of-authority","status":"publish","type":"post","link":"https:\/\/flex.uni-frankfurt.de\/index.php\/publications\/illusion-of-control-and-the-pursuit-of-authority\/","title":{"rendered":"Illusion of control and the pursuit of authority"},"content":{"rendered":"<div class=\"custom-pagination-text-research-img\"><img decoding=\"async\" src=\"https:\/\/flex.uni-frankfurt.de\/wp-content\/uploads\/2019\/03\/10683-e1554029663725.jpg\" \/><\/div>\n<div class=\"custom-pagination-text-research-content\">Randolph Sloof, Ferdinand A. von Siemens, 2017,<br \/>\n<em>Experimental Economics<\/em>, 20 (3), 556\u2013573<\/p>\n<div><\/div>\n<div class=\"custom-pagination-text-research-content\">\n<p><!--more Continue reading--><\/p>\n<div class=\"custom-pagination-text-research-content\"><a href=\"https:\/\/link.springer.com\/article\/10.1007\/s10683-016-9499-7\" target=\"_blank\" rel=\"noopener noreferrer\">link to publication<\/a><\/div>\n<div class=\"custom-pagination-text-research-abstract\">Abstract:<br \/>\nWe measure participants\u2019 willingness to pay for transparently useless authority\u2014the right to make a completely uninformed task decision. We further elicit participants\u2019 beliefs about receiving their preferred outcome if they make the decision themselves, and if another participant makes the decision for them. We find that participants pay more to make the decision themselves if they also believe that they can thus increase the probability of getting their preferred outcome. Illusion of control therefore exists in a controlled laboratory environment with monetary incentives and is connected to peoples\u2019 pursuit of authority.<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Randolph Sloof, Ferdinand A. von Siemens, 2017, Experimental Economics, 20 (3), 556\u2013573<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-984","post","type-post","status-publish","format-standard","hentry","category-publications"],"_links":{"self":[{"href":"https:\/\/flex.uni-frankfurt.de\/index.php\/wp-json\/wp\/v2\/posts\/984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flex.uni-frankfurt.de\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flex.uni-frankfurt.de\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flex.uni-frankfurt.de\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/flex.uni-frankfurt.de\/index.php\/wp-json\/wp\/v2\/comments?post=984"}],"version-history":[{"count":18,"href":"https:\/\/flex.uni-frankfurt.de\/index.php\/wp-json\/wp\/v2\/posts\/984\/revisions"}],"predecessor-version":[{"id":2564,"href":"https:\/\/flex.uni-frankfurt.de\/index.php\/wp-json\/wp\/v2\/posts\/984\/revisions\/2564"}],"wp:attachment":[{"href":"https:\/\/flex.uni-frankfurt.de\/index.php\/wp-json\/wp\/v2\/media?parent=984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flex.uni-frankfurt.de\/index.php\/wp-json\/wp\/v2\/categories?post=984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flex.uni-frankfurt.de\/index.php\/wp-json\/wp\/v2\/tags?post=984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}