neural responses to the pertinent prospects when they are not engaged in actual decision making. The ability to make such …

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 …

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 …

versus equal outcomes). In a laboratory experiment, the most common behavioral pattern is for subjects to select the ex ante …

We study a large-scale (n=50,000) natural field experiment implemented by the U.S. Social Security Administration that …

questions, we conduct an online experiment (n = 3,610) with participants in the US and UK. Participants are randomly allocated …

decision making with large stakes. Using a natural field experiment that generates nearly 40,000 observations, we find that … laboratory insights. We use debt obligation to the UK government as a case study to explore the 'omission bias' present in … may result from a deliberate 'omission strategy', rather than a behavioral bias, as is often assumed in the literature …