We review the recent evidence on commitment devices and discuss how this evidence relates to theoretical questions about the demand for, and effectiveness of, commitment …
Many have argued that digital technologies such as smartphones and social media are addictive. We develop an economic model of digital addiction and estimate it using a …
Socially responsible behavior is crucial for slowing the spread of infectious diseases. However, economic and epidemiological models of disease transmission abstract from …
A common objection to “sin taxes”—corrective taxes on goods that are thought to be overconsumed, such as cigarettes, alcohol, and sugary drinks—is that they often fall …
We review research that measures time preferences—ie, preferences over intertemporal trade—offs. We distinguish between studies using financial flows, which we call “money …
We document three remarkable features of the Opower program, in which social comparison- based home energy reports are repeatedly mailed to more than six million households …
We apply a machine learning technique to characterize habit formation in two large panel data sets with objective measures of 1) gym attendance (over 12 million observations) and …
First we discuss how extrinsic incentives may come into conflict with other motivations. For example, monetary incentives from principals may change how tasks are perceived by …
Conventional economic policy focuses on 'economic'solutions (eg taxes, incentives, regulation) to problems caused by market-level factors such as externalities, misaligned …