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Replacing car travel with walking and cycling lowers emissions, improves air quality and makes communities healthier. Rates of active travel typically increase when dedicated infrastructure is implemented. But policymakers in multiple countries regularly contend with two obstacles: designing...
Persistent link: https://www.econbiz.de/10013548738
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/10012222584
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/10012175762
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/10014362802
We present a novel experimental method for investigating consumer choice. The Surplus Identification (S-ID) task is inspired by studies of detection in perceptual psychophysics. It employs a forced-choice procedure, in which participants must decide whether a novel product is worth more or less...
Persistent link: https://www.econbiz.de/10011523531
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We hypothesise and confirm a substantial framing effect in relation to whether people opt for an annuity on retirement. Two laboratory experiments were conducted in collaboration with a national pensions regulator. Individuals demanded a higher annuity rate when pensions were initially conceived...
Persistent link: https://www.econbiz.de/10011948270
People underestimate long-term growth in savings because they linearise exponential growth - a phenomenon known as exponential growth bias (EGB). This bias has implications for multiple financial decisions, particularly those relating to pensions. We hypothesised that underestimation might be...
Persistent link: https://www.econbiz.de/10011975103