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In this paper, we hypothesize that the strength of the consensus effect, i.e., the tendency for people to overweight the prevalence of their own values and preferences when forming beliefs about others' values and preferences, depends on the salience of own preferences. We manipulate salience by...
Persistent link: https://www.econbiz.de/10014233633
The rise of opinion programs has transformed television news. Because they present anchors' subjective commentary and analysis, opinion programs often convey conflicting narratives about reality. We experimentally document that people across the ideological spectrum turn to opinion programs over...
Persistent link: https://www.econbiz.de/10013175705
We study whether and how parents interfere paternalistically in their children’s intertemporal decision-making. Based on experiments with over 2,000 members of 610 families, we find that parents anticipate their children’s present bias and aim to mitigate it. Using a novel method to measure...
Persistent link: https://www.econbiz.de/10012418249
We survey the recent literature in economics measuring what is on top of people's minds using open-ended questions. We first provide an overview of studies in political economy, macroeconomics, finance, labor economics, and behavioral economics that have employed such measurement. We next...
Persistent link: https://www.econbiz.de/10014533245
We review the emerging literature on information acquisition in field settings. We first document an increase in studies on information acquisition and review relevant studies in different subfields of economics, including macroeconomics, political economy, labor economics, health economics, and...
Persistent link: https://www.econbiz.de/10012663074
We review recent advances in the literature on news consumption. We first provide an overview of different empirical techniques to measure news consumption, including browser data, TV viewership data, and survey-based measures. We also discuss the pros and cons of these different techniques. We...
Persistent link: https://www.econbiz.de/10013399575
We investigate the relationship between political attitudes and prosociality in a survey of a representative sample of the U.S. population during the first summer of the COVID-19 pandemic. We find that an experimental measure of prosociality correlates positively with adherence to protective...
Persistent link: https://www.econbiz.de/10012818397
Understanding the roots of human cooperation among strangers is of great importance for solving pressing social dilemmas and maintening public goods in human societies. We study the development of cooperation in 929 young children, aged 3 to 6. In a unified experimental framework, we examine...
Persistent link: https://www.econbiz.de/10012548855
Social preferences facilitate the internalization of health externalities, for example by reducing mobility during a pandemic. We test this hypothesis using mobility data from 258 cities worldwide alongside experimentally validated measures of social preferences. Controlling for time-varying...
Persistent link: https://www.econbiz.de/10012614767
People differ in their willingness to take risks. Recent work found that revealed preference tasks (e.g., laboratory lotteries) - a dominant class of measures - are outperformed by survey-based stated preferences, which are more stable and predict real-world risk taking across different domains....
Persistent link: https://www.econbiz.de/10012293118