Showing 1 - 10 of 1,024
, laboratory work and, indeed, psychology more generally, gives us little guidance as to market outcomes. Economics provides a …
Persistent link: https://www.econbiz.de/10012468491
Common intuition and experimental psychology suggest that the ability to self-regulate, willpower, is a depletable …
Persistent link: https://www.econbiz.de/10012466390
This paper presents some of the first large-scale survey evidence linking optimism to major economic choices. We create a novel measure of optimism using the Survey of Consumer Finance by comparing a person's self-reported life expectancy to that implied by statistical tables. Optimists are more...
Persistent link: https://www.econbiz.de/10012467322
In many health domains, we are concerned that observed links - for example, between "healthy" behaviors and good outcomes - are driven by selection into behavior. This paper considers the additional factor that these selection patterns may vary over time. When a particular health behavior...
Persistent link: https://www.econbiz.de/10012480876
The premise of this article is that an understanding of psychology and other social science disciplines can inform the … market failures, redistributing income, and collecting tax revenue. An understanding of psychology can also lead to the … traditional policy tools. The article outlines a framework for thinking about the psychology of behavior change in the context of …
Persistent link: https://www.econbiz.de/10012458348
This paper synthesizes recent research in economics and psychology on the measurement and empirical importance of …
Persistent link: https://www.econbiz.de/10012480402
Numerous laboratory studies find that minor nuances of presentation and description change behavior in ways that are inconsistent with standard economic models. How much do these context effect matter in natural settings, when consumers make large, real decisions and have the opportunity to...
Persistent link: https://www.econbiz.de/10012466779
from psychology, but also from sociology and anthropology. Whereas the concept of the decision-maker is the rational actor …
Persistent link: https://www.econbiz.de/10012456848
promising trend represents a shift towards measuring positive outcomes in psychology and greater realism in the study of … economic behaviour. After a general review of past and potential uses for subjective well-being data, and a discussion of why …
Persistent link: https://www.econbiz.de/10012462763
Psychologists study regret primarily by measuring subjects' attitudes in laboratory experiments. This does not shed light on how expected regret affects economic actions in market settings. To address this, we use proprietary data from a blackjack table in Las Vegas to analyze how expected...
Persistent link: https://www.econbiz.de/10012463694