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Valuing the Time of the Self-Employed
Agness, Daniel; Baseler, Travis; Chassang, Sylvain; … - 2022
People's value for their own time is a key input in evaluating public policies: evaluations should account for time taken away from work or leisure as a result of policy. Using rich choice data collected from farming households in western Kenya, we show that households exhibit non-transitive...
Persistent link: https://www.econbiz.de/10013177601
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The introduction of formal insurance and its effect on redistribution
Anderberg, Dan; Marsink, Karlijn - 2019
Transfers motivated by altruism, norms of giving, and guilt play an important role in supporting individuals who suffer … norm of giving where donors feel guilty for deviating from the norm. The feelings of guilt decline with the expected social …
Persistent link: https://www.econbiz.de/10012018287
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Psychological and Social Motivations in Microfinance Contracts: Theory and Evidence
Dhami, Sanjit; Arshad, Junaid; al-Nowaihi, Ali - 2019
either privately, or publicly in front of one’s social group. Our theoretical model identifies guilt from letting down the … large treatment effects and confirms the central roles of guilt and shame. Under private repayment, a JL contract increases … compared to guilt-aversion. Under IL, repayment in public relative to private repayment increases effort by 60%, confirming our …
Persistent link: https://www.econbiz.de/10012052879
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Meta-Analysis of Inequality Aversion Estimates
Nunnari, Salvatore; Pozzi, Massimiliano - 2022
) and advantageous inequality aversion (or guilt) from 26 articles in economics, psychology, neuroscience and computer … interval [0:240; 0:620]; the mean guilt coefficient is 0:290 with a 95% probability that the true value lies in the interval [0 …
Persistent link: https://www.econbiz.de/10013353463
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Deadlines and Cognitive Limitations
Altmann, Steffen; Traxler, Christian; Weinschenk, Philipp - 2017
This paper studies the interplay between deadlines and cognitive limitations. We analyze an agent’s decision to complete a one-off task under a deadline. Postponing the task can be beneficial for the agent; missing the deadline, however, leads to a drop in the agent’s rewards. If the agent...
Persistent link: https://www.econbiz.de/10011777626
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When Nudges Fail to Scale: Field Experimental Evidence from Goal Setting on Mobile Phones
Löschel, Andreas; Rodemeier, Matthias; Werthschulte, … - 2020
Non-pecuniary incentives motivated by insights from psychology (“nudges”) have been shown to be effective tools to change behavior in a variety of fields. An often unanswered question relevant for public policy is whether these promising interventions can be scaled up. In cooperation with a...
Persistent link: https://www.econbiz.de/10012269555
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Nudging for Tax Compliance: A Meta-Analysis
Antinyan, Armenak; Asatryan, Zareh - 2020
Tax compliance nudges are used increasingly by governments because of their perceived cost-effectiveness in raising tax revenue. We collect about a thousand treatment effect estimates from 45 randomized controlled trials, and synthesize this rapidly growing literature using meta-analytical...
Persistent link: https://www.econbiz.de/10012269570
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Nudging When the Descriptive Norm Is Low: Evidence from a Carbon Offsetting Field Experiment
Carattini, Stefano; Blasch, Julia - 2020
Nudges and behavioral interventions have become a popular tool to stimulate prosocial behavior. Little is known, however, on how to design effective social interventions in contexts in which the descriptive norm is low, i.e. when a desirable behavior is only practiced by a minority within the...
Persistent link: https://www.econbiz.de/10012314829
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Higher Order Risk Preferences: New Experimental Measures, Determinants and Field Behavior
Schneider, Sebastian O.; Sutter, Matthias - 2020
We use a novel method to elicit and measure higher order risk preferences (prudence and temperance) in an experiment with 658 adolescents. In line with theoretical predictions, we find that higher order risk preferences particularly prudence are strongly related to adolescents' field behavior,...
Persistent link: https://www.econbiz.de/10012314831
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When Nudges Aren't Enough: Incentives and Habit Formation in Public Transport Usage
Gravert, Christina; Olsson Collentine, Linus - 2020
In three large-scale field experiments with over 32,500 individuals, we investigate whether public transport uptake can be influenced by behavioral interventions and by economic incentives. Despite their effectiveness in other domains, we find a tightly estimated zero for social norms and...
Persistent link: https://www.econbiz.de/10012314904