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Chapter 21 Experimental Study of Law
Camerer, Colin; Talley, Eric - In: Handbook of law and economics : volume 2, (pp. 1619-1650). 2007
This chapter surveys literature on experimental law and economics. Long the domain of legally minded psychologists and criminologists, experimental methods are gaining significant popularity among economists interested in exploring positive and normative aspects of law. Because this literature...
Persistent link: https://www.econbiz.de/10014023489
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Self-serving bias in redistribution choices : accounting for beliefs and norms
Amasino, Dianna; Pace, Davide Domenico; Weele, Joël J. … - 2023
report different fairness views and beliefs about task performance, but not different beliefs about social norms. Further … underlying inequality, differing fairness views, and differing perceptions of social norms. In this study, we directly measure …, only fairness views play a significant mediating role between status and allocation differences, suggesting this is the …
Persistent link: https://www.econbiz.de/10014477403
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What's Psychology Worth? A Field Experiment in the Consumer Credit Market
Bertrand, Marianne; Karlan, Dean S.; Mullainathan, Sendhil - 2005
Numerous laboratory studies report on behaviors inconsistent with rational economic models. How much do these inconsistencies matter in natural settings, when consumers make large, real decisions and have the opportunity to learn from experiences? We report on a field experiment designed to...
Persistent link: https://www.econbiz.de/10010369232
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Small Cues Change Savings Choices
Choi, James J. - 2012
In randomized field experiments, we embedded one- to two-sentence anchoring, goal-setting, or savings threshold cues in emails to employees about their 401(k) savings plan. We find that anchors increase or decrease 401(k) contribution rates by up to 1.4% of income. A high savings goal example...
Persistent link: https://www.econbiz.de/10013109003
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Higher Order Risk Preferences : New Experimental Measures, Determinants and Field Behavior
Schneider, Sebastian O. - 2020
We use a novel method to elicit and measure higher order risk preferences (prudence and temperance) in an experiment with 658 adolescents. In line with theoretical predictions, we find that higher order risk preferences particularly prudence are strongly related to adolescents' field behavior,...
Persistent link: https://www.econbiz.de/10012823553
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Higher Order Risk Preferences : New Experimental Measures, Determinants and Field Behavior
Schneider, Sebastian O. - 2020
We use a novel method to elicit and measure higher order risk preferences (prudence and temperance) in an experiment with 658 adolescents. In line with theoretical predictions, we find that higher order risk preferences - particularly prudence - are strongly related to adolescents' field...
Persistent link: https://www.econbiz.de/10012823871
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Higher Order Risk Preferences : New Experimental Measures, Determinants and Field Behavior
Schneider, Sebastian O. - 2020
We use a novel method to elicit and measure higher order risk preferences (prudence and temperance) in an experiment with 658 adolescents. In line with theoretical predictions, we find that higher order risk preferences – particularly prudence – are strongly related to adolescents' field...
Persistent link: https://www.econbiz.de/10012824248
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When Nudges Aren't Enough : Incentives and Habit Formation in Public Transport Usage
Gravert, Christina Annette - 2019
In three large-scale field experiments with over 32,000 individuals, we investigate whether public transport uptake can be in uenced by behavioral interventions and by economic incentives. Despite their effectiveness in other domains, we find a tightly estimated zero for social norms and...
Persistent link: https://www.econbiz.de/10012858017
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Some Contributions of Economics to the Study of Personality
Heckman, James J. - 2019
different ages. Economic analysis clarifies psychological studies by establishing that personality is measured by performance on …
Persistent link: https://www.econbiz.de/10012859298
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Do civil servants respond to behavioral interventions? : a field experiment
Scartascini, Carlos G.; Zamora, Paula - 2021
Introducing financial incentives to increase productivity in the public sector tends to be politically and bureaucratically cumbersome, particularly in developing countries. Behavioral interventions could be a low-cost alternative, both politically and financially, although evidence of their...
Persistent link: https://www.econbiz.de/10012668506