Experimental and empirical evidence shows that the utility an individual derives from a certain state depends on the … outcomes of either the individual herself or her reference group. The experiment described in this paper suggests that, in … reference states - and hence utility - can relatively easily be influenced without changing people’s outcomes, e.g., through …

lab experiment with students that making one's financial insecurity temporarily salient can reduce preference for … challenging tasks. Subsequently, in a lab-in-field experiment conducted in Dharavi, a slum in Mumbai, India, we show that a verbal …

online experiment conducted on a representative sample from the US during the early COVID-19 pandemic, we provide half of our …

artifactual online experiment, subjects located in a European Union member state took a dichotomous choice between a cash prize …