Myriad environments allow for the possibility of confusion. Agents may appeal to such confusion—or the possibility of making an honest mistake—to justify their behavior. In three …
Theoretical and empirical findings suggest that individuals are sensitive to the observability of their actions and the downstream consequences of this observability. We connect three …
D Fehr, H Rau, ST Trautmann, Y Xu - European Economic Review, 2020 - Elsevier
Inequality is often associated with negative societal consequences, but identifying a causal relationship is a daunting task. We provide evidence on the impact of unjust economic …
F Shaddy, AK Shah - Journal of Consumer Research, 2018 - academic.oup.com
Goods and services are often allocated to those who spend the most resources. In many cases, this results in allocation to people who spend the most money. But people can use a …
It is well known that price and quantity regulation are not equivalent under uncertainty. This asymmetry has been a factor in the debate about whether to use taxes or Tradable Permit …
A Ellis, DJ Freeman - American Economic Review, 2024 - pubs.aeaweb.org
Experiments suggest that people fail to take into account interdependencies between their choices—they do not broadly bracket. Researchers often instead assume people narrowly …
We conduct a lab-in-the-field experiment to identify parents' preferences for investing in their children. The experiment exogenously varied the short-run returns to educational …
Both theory and recent empirical evidence on nudging suggest that observability of behavior acts as an instrument for promoting (discouraging) pro-social (anti-social) behavior. We …
We extend a collective action problem to study policy and project selection by heterogeneous groups who prefer to work together on a joint initiative but may disagree on …