Showing 1 - 10 of 10
Does media bias affect voting? We address this question by looking at the entry of Fox News in cable markets and its … bias and about politician quality. The Fox News effect could be a temporary learning effect for rational voters, or a …
Persistent link: https://www.econbiz.de/10012466500
neural responses to the pertinent prospects when they are not engaged in actual decision making. The ability to make such …
Persistent link: https://www.econbiz.de/10012459390
observable exogenous causes. We explore an alternative approach that generates predictions based on relationships across decision … experiment, we find that this method yields accurate estimates of price sensitivities for a collection of products under …
Persistent link: https://www.econbiz.de/10012459391
Forecasts of experimental results can clarify the interpretation of research results, mitigate publication bias, and …
Persistent link: https://www.econbiz.de/10012479240
experiment, face-to-face communication with a randomly assigned peer significantly improves the quality of private decisions … transmits financial decision-making skills most effectively when peers are equally uninformed, rather than when an informed … decision maker teaches an uninformed peer. Qualitative analysis of subjects' discussions supports this interpretation. The …
Persistent link: https://www.econbiz.de/10012480687
versus equal outcomes). In a laboratory experiment, the most common behavioral pattern is for subjects to select the ex ante …
Persistent link: https://www.econbiz.de/10012480908
important determinant of door-to-door giving. Combining data from this and a complementary field experiment, we structurally …
Persistent link: https://www.econbiz.de/10012463021
What is the role of structural estimation in behavioral economics? I discuss advantages, and limitations, of the work in Structural Behavioral Economics. I also cover common modeling choices and how to get started. Among the advantages, I argue that structural estimation builds on, and expands,...
Persistent link: https://www.econbiz.de/10012452924
Academic experts frequently recommend policies and treatments. But how well do they anticipate the impact of different treatments? And how do their predictions compare to the predictions of non-experts? We analyze how 208 experts forecast the results of 15 treatments involving monetary and...
Persistent link: https://www.econbiz.de/10012456113
This paper provides evidence concerning the extent to which consumers of liquor employ commitment devices. One widely recommended commitment strategy is to regulate alcohol consumption by deliberately manipulating availability. The paper assesses the prevalence of the "availability strategy" by...
Persistent link: https://www.econbiz.de/10012460897