Araújo, Felipe Augusto de; Imas, Alex; Wilson, Alistair J. - National Bureau of Economic Research - 2024
. We focus on regret theory and the use of "regret lotteries" for motivating behavior change. Here, findings from one …-shot settings have been used to promote regret as a tool to boost incentives in recurrent decisions across many settings. Using … theory and experiments, we replicate regret lotteries as the superior one-shot incentive; however, for repeated decisions the …