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Fungibility of money is a central assumption in the theory of consumer choice: any unit of money is substitutable for another. This implies that the composition of income or wealth is irrelevant for consumption. We find in a field experiment that even in a simple, incentivized setup many...
Persistent link: https://www.econbiz.de/10008699736
This paper describes a randomized controlled field experiment designed to measure how individuals respond to racial and gender diversity in representations of certain archetypical occupations. We ask participants in two pools – a tech conferences and online – to evaluate their user...
Persistent link: https://www.econbiz.de/10014240607
We experimentally investigate behavioral drivers of bribery, focusing on the role of self- interest, reciprocity, and moral costs associated with distorting judgment. In our experiment, two participants compete for a prize; a referee picks the winner. Participants can bribe the referee. When the...
Persistent link: https://www.econbiz.de/10014126521
This paper tests whether heterogeneity of time preferences can explain individual credit behavior. In a field experiment targeting individuals from low-to-moderate income households, we measure individual time preferences through choice experiments, and then match these time preference measures...
Persistent link: https://www.econbiz.de/10003715716
How do peers influence the impact of incentives? Despite much work on incentives, little is known about the spillover effects of incentives. We investigate two mechanisms by which these effects can occur: through peers' actions and peers' incentives. In a field experiment on snack choice (grapes...
Persistent link: https://www.econbiz.de/10011308981
We study how website defaults affect consumer behavior in the domain of charitable giving. In a field experiment that was conducted on a large platform for making charitable donations over the web, we exogenously vary the default options in two distinct choice dimensions. The first pertains to...
Persistent link: https://www.econbiz.de/10011345774
When asking for donations, charitable organizations often use suggestions concerning the amount of potential contributions. However, the evidence concerning the effects of such suggestions is scarce and inconsistent. Unlike the majority of existing studies concerned with small-money...
Persistent link: https://www.econbiz.de/10009763123
Little is known about how peers influence the impact of incentives. We investigate two mechanisms by which these effects can occur: through peers' actions and peers' incentives. In a field experiment on snack choice in the school lunchroom (choice of grapes versus cookies), we randomize who...
Persistent link: https://www.econbiz.de/10011518000
We study how website defaults affect consumer behavior in the domain of charitable giving. In a field experiment that was conducted on a large platform for making charitable donations over the web, we exogenously vary the default options in two distinct choice dimensions. The first pertains to...
Persistent link: https://www.econbiz.de/10010457934
We study how website defaults affect consumer behavior in the domain of charitable giving. In a field experiment that was conducted on a large platform for making charitable donations over the web, we exogenously vary the default options in two distinct choice dimensions. The first pertains to...
Persistent link: https://www.econbiz.de/10010462640