Last order effect in altruistic loaning decision making via Kiva platform
Order effect arises when subjects do not make a rational decision due to the order in which choices are presented. This study attempts to address potential concerns in previous research and extends the literature by examining last order effect in altruistic loaning decision- making using a crowdfund...
主要な著者: | , , |
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その他の著者: | |
フォーマット: | Final Year Project (FYP) |
言語: | English |
出版事項: |
Nanyang Technological University
2023
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主題: | |
オンライン・アクセス: | https://hdl.handle.net/10356/166315 |
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author | Chia, Adena Sineka, Kottahimuthu Tan, Yu Ling |
author2 | He Tai-Sen |
author_facet | He Tai-Sen Chia, Adena Sineka, Kottahimuthu Tan, Yu Ling |
author_sort | Chia, Adena |
collection | NTU |
description | Order effect arises when subjects do not make a rational decision due to the order in which choices are presented. This study attempts to address potential concerns in previous research and extends the literature by examining last order effect in altruistic loaning decision- making using a crowdfunding platform called Kiva. Subjects were tasked as loaners and loaners’ decisions were subjected to the randomized order of borrowers. Our findings are empirically examined and indicate a significant relationship between the binary decision and the order effect. This suggests that borrowers placed in the later orders had a higher probability of being picked by loaners, indicating the inherent last order effect. Lastly, we further discuss the potential implications of last order effect in the real world. |
first_indexed | 2024-10-01T03:55:33Z |
format | Final Year Project (FYP) |
id | ntu-10356/166315 |
institution | Nanyang Technological University |
language | English |
last_indexed | 2024-10-01T03:55:33Z |
publishDate | 2023 |
publisher | Nanyang Technological University |
record_format | dspace |
spelling | ntu-10356/1663152023-04-30T15:31:42Z Last order effect in altruistic loaning decision making via Kiva platform Chia, Adena Sineka, Kottahimuthu Tan, Yu Ling He Tai-Sen School of Social Sciences TS.He@ntu.edu.sg Social sciences::Economic theory Order effect arises when subjects do not make a rational decision due to the order in which choices are presented. This study attempts to address potential concerns in previous research and extends the literature by examining last order effect in altruistic loaning decision- making using a crowdfunding platform called Kiva. Subjects were tasked as loaners and loaners’ decisions were subjected to the randomized order of borrowers. Our findings are empirically examined and indicate a significant relationship between the binary decision and the order effect. This suggests that borrowers placed in the later orders had a higher probability of being picked by loaners, indicating the inherent last order effect. Lastly, we further discuss the potential implications of last order effect in the real world. Bachelor of Arts in Economics 2023-04-28T01:27:16Z 2023-04-28T01:27:16Z 2023 Final Year Project (FYP) Chia, A., Sineka, K. & Tan, Y. L. (2023). Last order effect in altruistic loaning decision making via Kiva platform. Final Year Project (FYP), Nanyang Technological University, Singapore. https://hdl.handle.net/10356/166315 https://hdl.handle.net/10356/166315 en HE1AY2223_03 application/pdf application/pdf Nanyang Technological University |
spellingShingle | Social sciences::Economic theory Chia, Adena Sineka, Kottahimuthu Tan, Yu Ling Last order effect in altruistic loaning decision making via Kiva platform |
title | Last order effect in altruistic loaning decision making via Kiva platform |
title_full | Last order effect in altruistic loaning decision making via Kiva platform |
title_fullStr | Last order effect in altruistic loaning decision making via Kiva platform |
title_full_unstemmed | Last order effect in altruistic loaning decision making via Kiva platform |
title_short | Last order effect in altruistic loaning decision making via Kiva platform |
title_sort | last order effect in altruistic loaning decision making via kiva platform |
topic | Social sciences::Economic theory |
url | https://hdl.handle.net/10356/166315 |
work_keys_str_mv | AT chiaadena lastordereffectinaltruisticloaningdecisionmakingviakivaplatform AT sinekakottahimuthu lastordereffectinaltruisticloaningdecisionmakingviakivaplatform AT tanyuling lastordereffectinaltruisticloaningdecisionmakingviakivaplatform |