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We investigate how locus of control beliefs - the extent to which individuals attribute control over events in their … begin by developing a conceptual framework showing how locus of control beliefs serve as a weight placed on the returns from … in parliamentary elections, and to donate blood. Our results provide comprehensive evidence that locus of control beliefs …
Persistent link: https://www.econbiz.de/10013362013
What causes adverse policing outcomes, such as excessive uses of force and unnecessary arrests? Prevailing explanations focus on problematic officers or deficient regulations and oversight. Here, we introduce a new, overlooked perspective. We suggest that the cognitive demands inherent in...
Persistent link: https://www.econbiz.de/10014372408
In an experiment that elicits subjects' willingness to pay (WTP) for the outcome of a lottery, we confirm the fourfold pattern of risk attitudes described by Kahneman and Tversky. In addition, we document a systematic effect of stake sizes on the magnitude and sign of the relative risk premium,...
Persistent link: https://www.econbiz.de/10013388772
We analyze the offering, asking, and granting of help or other benefits as a three-stage game with bilateral private information between a person in need of help and a potential help-giver. Asking entails the risk of rejection, which can be painful: since unawareness of the need can no longer be...
Persistent link: https://www.econbiz.de/10013388842
discover compared to equally-relevant information they discover themselves. In a series of incentivized lab experiments, we ask …
Persistent link: https://www.econbiz.de/10013362032
beliefs about nominal debt and their own real net wealth. These changes in beliefs causally affect actual consumption and …
Persistent link: https://www.econbiz.de/10014372429
information on energy costs. We show that paying for attention can target welfare improvements more effectively …
Persistent link: https://www.econbiz.de/10014372499
We study whether Amazon engages in self-preferencing on its marketplace by favoring its own brands (e.g., Amazon Basics) in search. To address this question, we collect new micro-level consumer search data using a custom browser extension installed by a panel of study participants. Using this...
Persistent link: https://www.econbiz.de/10013537786
Solar technologies have been associated with private and social returns, but their technological potential often remains unachieved because of persistently low demand for high-quality products. In a randomized field experiment in Senegal, we assess the potential of three types of quality...
Persistent link: https://www.econbiz.de/10014544676
those stimuli that the agent expects to encounter more frequently. As the agent's prior beliefs vary, the model predicts …: lottery valuations are more sensitive to probabilities that occur more frequently under the subject's prior beliefs. Our …
Persistent link: https://www.econbiz.de/10014337806