Xiaofei Niu’s research while affiliated with Shandong University and other places

... 12 Evolutionary game theory based on bounded rationality provides a theoretical framework for exploring the rise of cooperation. [13][14][15] In recent years, classic game models such as prisoner's dilemma game, 16,17 snowdrift game, 18,19 stag hunt game, 20,21 and public goods game [22][23][24] have been used to study the evolution of cooperation. In addition to the above models, the collective risk social dilemma game, as a public goods game with nonlinear characteristics, has been widely recognized and valued by virtue of its application potential in climate change and immigration issues. ...

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Evolution of cooperation under threshold public goods game

... Rationality is the base of economics; however, as a type of decision bias, the framing effect of intertemporal choice disturbs the axiomatic hypothesis of rational decision making. In the field of behavioral economics, the trend of applying different measurements of neural activities of economic behavior, including functional magnetic resonance imaging and eye tracking, has developed rapidly (Niu et al., 2022). However, we propose another avenue for the use of noninvasive brain stimulation to explore the mechanism of economic bias and study how experimentally altered neural activity causally affects behavioral bias. ...

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Modulating the Activity in the Dorsolateral Prefrontal Cortex Changes Gain–Loss Framing Effect of Intertemporal Choice: A Transcranial Direct Current Stimulation Study

... The first is the daily city-level Traffic Congestion Index (TCI) from October 1, 2015 to December 31, 2017 from the Wind database. 10 The TCI is based on the traffic data from the 8 One alternative channel through which the traffic condition could affect trading is through the "time-constraints effect" (Cao et al., 2022). That is, time budgets of traders could be affected by traffic congestion, resulting in worse decisions, especially under severe traffic congestion. ...

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The Price of the Slow Lane: Traffic Congestion and Stock Block Trading Premium

... Research on SSG's impact in the workplace is extensive, focusing on aspects such as job performance [77], innovative behaviour [38], work meaningfulness [76], and positive outcomes like trust and empowering leadership [78,79], psychological ownership and empowerment [74]. In contrast, studies on c-worker Guanxi are limited. ...

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Guanxi: A Systematic Review of Interpersonal Relationships within Modern Workplace

... In Chinese SMEs, psychological ownership plays a major mediating role in the relationship between goal-setting participation and task crafting. This mediation is obvious in the work of Wang et al. (2021) who discovered that the degree to which employees engage in task creation is dependent upon the level of psychological ownership they experience. This discovery is significant for understanding the process through which goal-setting participation effects task crafting. ...

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Task-crafting: how power distance shapes the influence of goal-setting participation

... This study makes significant contributions to the literature on trust in government. First, we contribute to the growing literature on the effect of health shocks on trust (Bottasso et al., 2022;Li et al., 2021) by using nationally representative data from the Afrobarometer survey to compare trust between individuals before and after the Ebola epidemic. Second, we address endogeneity issues using PSM and other matching techniques. ...

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Trust during troubled times: Evidence from Sierra Leone’s Ebola epidemic

... Previous research has suggested that rational choice models are often not descriptive of human behavior (Simon, 1996;Elqayam and Evans, 2011;Brighton and Gigerenzer, 2012). In particular, when facing multiple sources of information, participants assign overproportionally weight to private information depending on their own accuracy (Huck and Oechssler, 2000;Toelch et al., 2014;Niu et al., 2019), individual predisposition and other factors (Huber et al., 2014). The phenomenon that the behavior of the subjects systematically deviates from the Bayesian Nash Equilibrium (BNE) attracted the attention of researchers (Kübler and Weizsäcker, 2004;Walden and Browne, 2009;Weizsäcker, 2010). ...

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Modulating the Activity of vmPFC Regulates Informational Social Conformity: A tDCS Study

... Two main areas investigated through tDCS and TMS in social decision-making are the dorsolateral prefrontal cortex (DLPFC) and medial prefrontal cortex (MPFC). Several tDCS and TMS studies targeted DLPFC in social decision-making through ultimatum game (Knoch et al., 2006(Knoch et al., , 2008Ruff et al., 2013), Trust Game (Knoch et al., 2009;Wang et al., 2016) and public goods game (Li et al., 2018;Liu et al., 2017). Overall, the findings point to the right DLPFC role in implementing controlled cognition to identify contextual social norms or expectations and orient adaptive behavior to comply with those norms (Sanfey et al., 2014). ...

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Modulating the Social and Affective Brain with Transcranial Stimulation Techniques

... It has been used to reduce fatigue (Kakuda et al., 2016), regulate emotions (De Raedt et al., 2010), improve working memory (Brunoni & Vanderhasselt, 2014), and enhance cognitive control (Olk et al., 2015). Similarly, tDCS applies a constant, low-intensity direct current to regulate neural excitability and has been linked to improved working memory (Katsoulaki et al., 2017), learning ability (Coffman et al., 2014), and cooperative behavior (Li et al., 2018). Despite the potential of these techniques in the enhancement of educational leadership, further research is needed to ensure their efficacy and safety (Lindebaum et al., 2018). ...

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Neuro‐educational leadership: Pioneering educational leadership through neuroscience research

... Another important but relatively overlooked research stream is how individuals differ in their sensitivity to sunk costs. For example, women are more likely to regret emotion than men (Li et al., 2018); more experienced people have less intense endowment effects, which are related to the sunk cost fallacy (List, 2003); a negative correlation between age and susceptibility to the sunk cost fallacy has been documented (De Bruin et al., 2014); and people with lower income are more likely to make errors in economic reasoning, including falling prey to the sunk cost fallacy (De Bruin et al., 2007). However, most previous studies have focused on demographic characteristics to explore user heterogeneity in individual decision-making within a psychological research paradigm with hypothetical scenarios. ...

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Sunk Cost Fallacy, Price Adjustment, and Subscription Services for Information Goods