Time discounting is at the heart of economic decision-making. We disentangle hyperbolic discounting from subjective time perception using experimental data from incentive-compatible tests to measure time preferences, and a set of experimental tasks to measure time perception. The two behavioural...

This paper expands the standard model of utility maximization to endogenize the ubiquitous phenomenon of adaptation. We assume that total utility is an aggregate function of the utility associated with different domains of life, with relative weights that are optimized according to the effort...

Time discounting is at the heart of economic decision-making. We disentangle hyperbolic discounting from subjective time perception using experimental data from incentive-compatible tests to measure time preferences, and a set of experimental tasks to measure time perception. The two behavioural...

We conduct an “artefactual” field experiment to incorporate three different risk preferences measures within the Innovation Panel (IP) of the UK Household Longitudinal Survey (UKHLS). We randomly allocate to an experimental module a nationally representative sample of 661 adult respondents...

Nudges have been increasingly deployed to deliver climate policies in the last decade. Recent evidence shows nudges are hard to scale–up. So can we use nudges more effectively, or should we rely on other tools of behaviour change? We argue that reflective strategies can enhance nudges by...

We study how patient-regarding altruism is formed by medical education, a so far under-researched question. We structurally estimate altruistic preferences using experimental data from a large sample of medical students (N=733) in Germany at different stages in their studies. The estimates...

Nudging people towards sustainable diets can help mitigate agricultural emissions. Recent debate suggests “nudges” can have heterogeneous treatment effects in the population, including some backfire effects. So, can we identify this heterogeneity and design more effective nudges for...