Results 41 to 50 of about 83,090 (50)
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Do Consumers Distinguish Fixed Cost from Variable Cost? “Schmeduling” in Two-Part Tariffs in Energy
American Economic Journal: Economic PolicyA central assumption in economics is that consumers properly distinguish fixed cost from variable cost. This assumption is fundamental to various economic theories, including optimal taxation, redistribution, and price discrimination.
Koichiro Ito, Shuang Zhang
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Designing Incentives for Impatient People: An RCT Promoting Exercise to Manage Diabetes
American Economic Journal: Applied EconomicsMany people are impatient. We introduce domain-specific discounting to a contracting model and test a strategy for improving incentives when people are impatient over effort: implement time-bundled contracts that make the payment for future effort ...
S. Aggarwal +2 more
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Welfare Comparisons for Biased Learning
The American Economic ReviewWe study robust welfare comparisons of learning biases (misspecified Bayesian and some forms of non-Bayesian updating). Given a true signal distribution, we deem one bias more harmful than another if it yields lower objective expected payoffs in all ...
Mira Frick, Ryota Iijima, Y. Ishii
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Data Engineering for Cognitive Economics
Journal of Economic LiteratureCognitive economics studies imperfect information and decision-making mistakes. A central scientific challenge is that these can’t be identified in standard choice data.
Andrew Caplin
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The American Economic Review
International migrants may facilitate the transmission of ideas across countries. We examine the impact of migrant exposure to reproductive health policies on origin-country fertility in the Philippines.
S. Godlonton, C. Theoharides
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International migrants may facilitate the transmission of ideas across countries. We examine the impact of migrant exposure to reproductive health policies on origin-country fertility in the Philippines.
S. Godlonton, C. Theoharides
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American Economic Journal: Economic Policy
The United States has a severe shortage of organs for transplant. Recently—inspired by research based on hypothetical choices— jurisdictions have tried to increase organ donor registrations by changing how the registration question is asked.
J. Kessler, Alvin E. Roth
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The United States has a severe shortage of organs for transplant. Recently—inspired by research based on hypothetical choices— jurisdictions have tried to increase organ donor registrations by changing how the registration question is asked.
J. Kessler, Alvin E. Roth
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Optimal Trade Mechanisms with Adverse Selection and Inferential Naïvety
American Economic Journal: MicroeconomicsWe study an adverse selection environment in which a buyer's inferential ability is heterogeneous: A rational type correctly infers the value of the good from a seller's offer, whereas a naïve type is inattentive to the correlation between the seller's ...
Takeshi Murooka, Takuro Yamashita
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Buy Baits and Consumer Sophistication: Field Evidence from Instant Rebates
American Economic Journal: Economic PolicyAre consumers in the marketplace aware of their cognitive limitations? I answer this question in the context of a ubiquitous form of price discrimination: instant rebates that require active redemption.
Matthias Rodemeier
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Incentive Complexity, Bounded Rationality, and Effort Provision
The American Economic ReviewUsing field and laboratory experiments, we demonstrate that the complexity of incentive schemes and worker bounded rationality can affect effort provision. This is because some attributes of the incentives become opaque; that is, workers do not take them
Johannes Abeler +2 more
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Breaking Bad: How Health Shocks Prompt Crime
American Economic Journal: Applied EconomicsExploiting plausibly exogenous variations in the timing of cancer diagnoses, we establish that health shocks elicit a large and persistent increase in the probability of committing a crime.
Steffen Andersen +3 more
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