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In a randomized controlled trial involving hundreds of university students, we provide relative performance feedback specifically designed to reduce low performers' demoralization, by dynamically assigning students to small leaderboard groups that share a similar score in a semester-long online...
Persistent link: https://www.econbiz.de/10013250905
Retirement saving is an area now jam-packed with defaults meant to address delayed or absent decision making. Yet, getting individuals engaged with retirement saving decisions is critical to avoid unsuitable one-size-fits-all defaults and optimise accumulated wealth. We apply a...
Persistent link: https://www.econbiz.de/10013026805
How do people save over their lifetime? Using a dynamic lifecycle model of saving and portfolio choice featuring risky labor income, housing, and safe and risky financial assets inside and outside pension plans with comprehensive choice architecture, we examine the behavior of members of an...
Persistent link: https://www.econbiz.de/10013292742
We test the turnout predictions of the standard two-party, private value, costly voting model through a large-scale, real effort experiment. We do this by recruiting 1,200 participants through Amazon's Mechanical Turk and employing a 2 x 2 between subjects design encompassing small (N=30) and...
Persistent link: https://www.econbiz.de/10012949031