Showing 1 - 10 of 18
Behavioral constraints may explain part of low demand for preventive health products. We test the effects of two light-touch psychological interventions on water chlorination and related health and economic outcomes using a randomized controlled trial among 3750 women in rural Kenya. One...
Persistent link: https://www.econbiz.de/10012479682
We characterize trade policies that result from political competition when assessments of well-being include both material and psychosocial components. The material component reflects, as usual, satisfaction from consumption. Borrowing from social identity theory, we take the psychosocial...
Persistent link: https://www.econbiz.de/10012480998
We estimate the labor market return to an MBA, a JD, and master's in engineering, nursing, education, psychology and …
Persistent link: https://www.econbiz.de/10012481916
A number of studies - including our own - find a mid-life dip in well-being. We review a psychology literature that …
Persistent link: https://www.econbiz.de/10012482068
We propose a model of optimal decision making subject to a memory constraint. The constraint is a limit on the complexity of memory measured using Shannon's mutual information, as in models of rational inattention; but our theory differs from that of Sims (2003) in not assuming costless memory...
Persistent link: https://www.econbiz.de/10012482294
worrisome because psychology research shows that baby-faced-looking people often possess qualities opposite to those projected …
Persistent link: https://www.econbiz.de/10012462745
Psychologists study regret primarily by measuring subjects' attitudes in laboratory experiments. This does not shed light on how expected regret affects economic actions in market settings. To address this, we use proprietary data from a blackjack table in Las Vegas to analyze how expected...
Persistent link: https://www.econbiz.de/10012463694
We explore the business cycle implications of expectation shocks and of two well-known psychological biases, optimism and overconfidence. The expectations of optimistic agents are biased toward good outcomes, while overconfident agents overestimate the precision of the signals that they receive....
Persistent link: https://www.econbiz.de/10012466092
Common intuition and experimental psychology suggest that the ability to self-regulate, willpower, is a depletable …
Persistent link: https://www.econbiz.de/10012466390
In traditional models, votes are an expression of preferences and beliefs. Psychological theories of cognitive dissonance suggest, however, that behavior may shape preferences. In this view, the very act of voting may influence political attitudes. A vote for a candidate may lead to more...
Persistent link: https://www.econbiz.de/10012466761