Showing 91 - 100 of 179
This study demonstrates how status quo bias (SQB) acts as an obstacle to active travel policy. A pre-registered experiment was undertaken to measure the strength of SQB and to illuminate its likely causes. A large, nationally representative sample evaluated descriptions of a town layout designed...
Persistent link: https://www.econbiz.de/10014540340
Failure to switch service provider is viewed as leaving money on the table. While psychological hassle and switching costs are often invoked to explain the observed inertia, there is little empirical research that directly measures barriers to switching in retail finance markets. This study uses...
Persistent link: https://www.econbiz.de/10014540360
The present research investigates how consumers engage with the Irish financial retail market when choosing and switching financial products. Data were gathered from a nationally representative sample of 2,903 individuals who are involved in their household financial decisions. The study used...
Persistent link: https://www.econbiz.de/10014550329
This paper summarises useful evidence from behavioural science for fighting the COVID-19 outbreak. It is based on an extensive literature search of relevant behavioural interventions and studies of crises. The findings aim to be useful not only to government and public authorities, but to...
Persistent link: https://www.econbiz.de/10012606205
Self-isolation is a vital element of efforts to contain COVID-19. We report an online experiment with a nationally representative sample (N=500) that tested behaviourally informed decision aids to support self-isolation. The experiment had three stages that tested interventions designed to help...
Persistent link: https://www.econbiz.de/10012606212
Many economic decisions rely on a fast, intuitive system of numerical cognition. When trying to judge the sum of a sequence of numbers, this system produces non-random errors: on average, it underestimates. This underestimation bias is thought to be caused by a compressive scaling of numbers...
Persistent link: https://www.econbiz.de/10013307200
Behavioural Industrial Organisation (BIO) incorporates psychological insights into traditional models of market interactions between firms and consumers. These models often have high predictive power relative to models based on the classical paradigm of the "rational" consumer in markets where...
Persistent link: https://www.econbiz.de/10011985191
Over the past five years, behavioural economics has been rapidly propelled from the margins of economic analysis towards the policy mainstream. In this context, this study offers an international review of the initial applications of behavioural economics to policy, with a particular focus on...
Persistent link: https://www.econbiz.de/10012449014
We present evidence from two experiments designed to quantify the impact of cognitive constraints on consumers' ability to identify surpluses. Participants made repeated forced-choice decisions about whether products conferred surpluses, comparing one or two plainly perceptible attributes...
Persistent link: https://www.econbiz.de/10011440369
We examine the impact of participation in sport at secondary school on post-school pathways using a survey of Irish school-leavers, distinguishing between those who dropped out of sport during their secondary school years and those who continued playing in their final school years. We find that...
Persistent link: https://www.econbiz.de/10011273909