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This paper introduces the matched-bet mechanism. The matched bet is an easily applicable and strictly budget-balanced mechanism that aims to help people overcome time-inconsistent behavior. I show theoretically that offering a matched bet helps both sophisticated and naive procrastinators to...
Persistent link: https://www.econbiz.de/10014477364
This paper investigates the impact of peer observation on the consumption decisions of rural households in Thailand using a lab-in-the-field experiment. We find that those groups that observe each other show lower within group standard deviation in their decisions. Thus, we find evidence for...
Persistent link: https://www.econbiz.de/10011434386
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Ambition as the desire for personal achievement is an important driver of behavior. Using laboratory experiments, we study the role of social influence on ambition in two distinct domains of achievement, namely performance goals and task complexity. In the first case, participants set themselves...
Persistent link: https://www.econbiz.de/10012033501
A number of studies show that there is a link between social comparison and high levels of household debt. However, the exact mechanisms behind this link are not yet well understood. In this paper, we perform a lab experiment designed to study the eff ects of social image concerns and peer...
Persistent link: https://www.econbiz.de/10012139578
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Does social recognition motivate prosocial individuals? We run large-scale experiments at Italy's main blood donors …
Persistent link: https://www.econbiz.de/10014476823
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"Measuring the gain in income from migration is complicated by non-random selection of migrants from the general … overcome this problem, providing an experimental measure of the income gains from migration. New Zealand allows a quota of … conducted by the authors in these two countries allows experimental estimates of the income gains from migration to be obtained …
Persistent link: https://www.econbiz.de/10010522155
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