Technology is an integral part of everyday life, and its utilisation significantly influences how buyers behave when making decisions on their purchases, no matter the type of goods purchased. Therefore, it is necessary to observe how various generations of shoppers, based on technological...

Are the effects of tax aversion on labor supply symmetric? In a real-effort online experiment, participants are exposed to manipulated wages and taxes after first experiencing the same reference wage. More participants change their labor supply when encountering a tax increase than when...

We show that exposure to anti-capitalist ideology can exert a lasting influence on attitudes towards capital markets and stock-market participation. Utilizing novel survey, bank, and broker data, we document that, decades after Germany's reunification, East Germans invest significantly less in...

While the world faces unprecedented COVID-19 case numbers, vaccination rates in many countries are stagnating. A differentiated understanding of the concerns of the unvaccinated population seems urgently needed to design successful communication strategies. We conducted an original survey...

Rational choice theories assume that voters accurately assess the outcomes of policies. However, many important policies - such as regulating prices and introducing Pigouvian taxation - yield outcomes through indirect or equilibrium effects that may differ from their direct effects. Citizens may...

We explore the influence of cognitive ability and judgment on strategic behavior in the beauty contest game (where the Nash equilibrium action is zero). Using the level-k model of bounded rationality, cognitive ability and judgment both predict higher level strategic thinking. However,...

Can inequality in rewards result in an erosion in broad-based support for meritocratic norms? We hypothesize that unequal rewards between the successful and the rest, drives a cognitive gap in their meritocratic beliefs, and hence their social preferences for redistribution. Two separate...

This paper examines the role of spousal trust in intra-household decision making through its potential of inciting the creation of information asymmetries in the presence of resource unobservability. We experimentally elicit spousal trust and trustworthiness by means of a binary trust game to...

We implement a binary trust game between 211 married couples from lowincome households in urban India. In a separate experiment, these spouses randomly received either only a joint savings device (control) or, additionally, a device for individual usage (treatment). Combining data from both...

Is it possible to improve women's agency by providing information about their abilities? Using a lab experiment in the field, I study how perceived abilities and gender stereotypes shape intra-household dynamics. I use an incentivized decision-making game with 525 married couples from 42 rural...