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In three sets of experiments involving over 4,200 subjects, we show that agents motivated to be selfish make systematic decision errors of the kind generally attributed to cognitive limitations or behavioral biases. We show that these decision errors are eliminated (or dramatically reduced) when...
Persistent link: https://www.econbiz.de/10012480539
We introduce a new experimental paradigm to evaluate employer preferences, called Incentivized Resume Rating (IRR). Employers evaluate resumes they know to be hypothetical in order to be matched with real job seekers, preserving incentives while avoiding the deception necessary in audit studies....
Persistent link: https://www.econbiz.de/10012479750
We study a large-scale (n=50,000) natural field experiment implemented by the U.S. Social Security Administration that …
Persistent link: https://www.econbiz.de/10012481178
attentive and develop quantitative tests of rational inattention that we deploy in two experiments. The first is an experiment … and incentives to make plans to complete the modules. The second is an online survey-completion experiment (n=944), in … rationality, indicating that people underuse attention-increasing tools. In our second experiment, we estimate that individuals …
Persistent link: https://www.econbiz.de/10012481638
in California and show it decreased registration rates. Similarly, a "field in the lab" experiment run on actual organ …
Persistent link: https://www.econbiz.de/10012458288
A rich literature explores gender differences between men and women, but an increasing share of the population identifies their gender in some other way. Analyzing data on roughly 10,000 students and 1,500 adults, we find that such gender minorities are less confident and provide less favorable...
Persistent link: https://www.econbiz.de/10014468261