We conduct field experiments with retail investors recruited from a social trading platform. In our main experiment, we first elicit beliefs about the returns to active investing. We then generate exogenous variation in beliefs by providing treated respondents with information about index funds...

How does a citizen's decision to participate in political activism depend on the participation of others? We conduct a nation-wide natural field experiment in collaboration with a major European party during a recent national election. In a seemingly unrelated survey, we randomly provide...

How does a citizen's decision to participate in political activism depend on the participation of others? We examine this core question of collective action in a nation-wide natural field experiment in collaboration with a major European party during a recent national election. In a seemingly...

Relative concerns over status goods imply that peer effects in conspicuous consumption are an important determinant of consumption patterns. I use data from a cluster-randomized cash transfer program from Indonesia to test for peer effects in conspicuous consumption. Using data on the visibility...

How does a citizen's decision to participate in political activism depend on the participation of others? We conduct a nation-wide natural field experiment in collaboration with a major European party during a recent national election. In a party survey, we randomly provide canvassers with true...

How does a citizen's decision to participate in political activism depend on the participation of others? We conduct a nation-wide natural field experiment in collaboration with a major European party during a recent national election. In a seemingly unrelated survey, we randomly provide...

Does party competition affect political activism? This paper studies the decision of party supporters to join political campaigns. We present a framework that incorporates supporters' instrumental and expressive motives and illustrates that party competition can either increase or decrease...

How does a citizen's decision to participate in political activism depend on the participation of others? We examine this core question of collective action in a nation-wide natural field experiment in collaboration with a major European party during a recent national election. In a seemingly...

How do households adjust their spending behavior in response to changes in home price expectations? We conduct a field experiment with a sample of Americans that links survey data on home price expectations to actual spending behavior as measured in a rich home-scanner dataset. In the experiment...