TY - JOUR AU - Boulu-Reshef, B. AU - Kuechle, G. AU - Rohland, L.M. TI - Signaling trustworthiness with the choice of a prosocial project: Theory and experiment JF - JOURNAL OF BEHAVIORAL AND EXPERIMENTAL ECONOMICS J2 - J BEHAV EXP ECON VL - 108 PY - 2024 PG - 15 SN - 2214-8043 DO - 10.1016/j.socec.2023.102146 UR - https://m2.mtmt.hu/api/publication/34526684 ID - 34526684 LA - English DB - MTMT ER - TY - JOUR AU - Charroin, Liza TI - Heterogeneity in sequential network formation games JF - JOURNAL OF BEHAVIORAL AND EXPERIMENTAL ECONOMICS J2 - J BEHAV EXP ECON VL - 107 PY - 2023 PG - 17 SN - 2214-8043 DO - 10.1016/j.socec.2023.102075 UR - https://m2.mtmt.hu/api/publication/34615265 ID - 34615265 AB - In the benchmark model of network formation by Bala and Goyal (2000), the equilibrium network is known as the Center-Sponsored Star (CSS), wherein one player establishes a link with every other player. However, laboratory experiments have shown that CSS do not emerge due to coordination failure and fairness concerns. The difficulty arises from the fact that participants are homogeneous and make simultaneous decisions, making it highly challenging for them to converge on an asymmetric network. In this study, we addressed this coordination issue by introducing a sequential linking decision process. Furthermore, we introduced heterogeneity among the participants and examined whether the presence of a special individual (such as one with a higher monetary value or a different status) affected the network structure. The results revealed that the sequential decision-making process enables the coordination on fair and efficient networks, but not CSS. The impact of heterogeneity varies depending on the type of heterogeneity: the participants with higher values attract more links, leading to increased network asymmetry, whereas non-monetary heterogeneity does not influence linking decisions. LA - English DB - MTMT ER - TY - JOUR AU - van den Bergh, Jeroen TI - Climate policy versus growth concerns: Suggestions for economic research and communication JF - JOURNAL OF BEHAVIORAL AND EXPERIMENTAL ECONOMICS J2 - J BEHAV EXP ECON VL - 107 PY - 2023 PG - 9 SN - 2214-8043 DO - 10.1016/j.socec.2023.102125 UR - https://m2.mtmt.hu/api/publication/34611329 ID - 34611329 AB - Climate change has revived the old debate on growth-vs-environment. In view of lack of definitive evidence for polarized pro- and anti-growth positions, I propose a different take on the debate which may provide new insights for designing climate policy to garner sufficient socio-political support. To this end, I explain a third position of being indifferent about economic growth - known as 'agrowth' - and argue it merits serious attention in education and research. In addition, I pay attention to how support for climate policy and views on growthversus-environment are connected in a dynamic way. Better understanding of this may help to reduce resistance against climate policy that is motivated by growth concerns. To this end I propose a new framework, namely the policy-support cycle, which can be formally elaborated through a set of connect models and procedures. I end with providing a set of recommendations for the economic profession regarding participation in current debates on climate policy versus economic growth. Behavioural considerations will appear throughout the discussion as opinions about economic growth and climate policy by all stakeholders - citizens, journalists, scientists and policymakers - tend to be mediated by a variety of behavioural biases. LA - English DB - MTMT ER - TY - JOUR AU - Bernheim, B. Douglas AU - Sprenger, Charles TI - On the empirical validity of cumulative prospect theory: A response to the Wakker commentaries JF - JOURNAL OF BEHAVIORAL AND EXPERIMENTAL ECONOMICS J2 - J BEHAV EXP ECON VL - 107 PY - 2023 PG - 22 SN - 2214-8043 DO - 10.1016/j.socec.2023.102120 UR - https://m2.mtmt.hu/api/publication/34599590 ID - 34599590 AB - In Bernheim and Sprenger (2020) and Bernheim, Royer, and Sprenger (2022), we devised and implemented a new test of rank-dependent probability weighting for Cumulative Prospect Theory (CPT). This paper responds to critical commentary by Wakker (0000), which recapitulates both Abdellaoui, Li, Wakker, and Wu (2020) and Wakker (2022a). We demonstrate that the Wakker commentaries proceed from fundamental misconceptions concerning the structure of our tests, rely on unsubstantiated assertions that are falsified by evidence and robustness analyses they ignore, mirepresent our positions, and involve a host of other conceptual and methodological errors. In short, the critique lacks scientific merit. LA - English DB - MTMT ER - TY - JOUR AU - Kagin, Justin D. AU - Lybbert, Travis J. TI - Religiosity and educational attainment among the Roma: Shedding an oppositional identity? JF - JOURNAL OF BEHAVIORAL AND EXPERIMENTAL ECONOMICS J2 - J BEHAV EXP ECON VL - 107 PY - 2023 SN - 2214-8043 DO - 10.1016/j.socec.2023.102108 UR - https://m2.mtmt.hu/api/publication/34451001 ID - 34451001 LA - English DB - MTMT ER - TY - JOUR AU - Gallo, Edoardo AU - Barak, Darija AU - Langtry, Alastair TI - Social distancing in networks: A web-based interactive experiment JF - JOURNAL OF BEHAVIORAL AND EXPERIMENTAL ECONOMICS J2 - J BEHAV EXP ECON VL - 107 PY - 2023 PG - 11 SN - 2214-8043 DO - 10.1016/j.socec.2023.102090 UR - https://m2.mtmt.hu/api/publication/34386878 ID - 34386878 AB - The outbreak of the COVID-19 pandemic led to an unprecedented rise in the use of social distancing as a means to curb the spread of infection. We examine the effectiveness of fines and informational messages (nudges) in promoting social distancing in a framed web-based interactive experiment conducted during the first wave of the pandemic on a near-representative sample of the US population. Fines promote distancing, while nudges have a smaller and less robust impact. Individuals do more social distancing when they are aware they are a superspreader. Using an instrumental variable approach, we show suggestive evidence that progressives are more likely to practice distancing, and they are somewhat more responsive to fines. LA - English DB - MTMT ER - TY - JOUR AU - Silva, Emmanuel Marques AU - Moreira, Rafael de Lacerda AU - Bortolon, Patricia Maria TI - Mental Accounting and decision making: a systematic literature review JF - JOURNAL OF BEHAVIORAL AND EXPERIMENTAL ECONOMICS J2 - J BEHAV EXP ECON VL - 107 PY - 2023 PG - 16 SN - 2214-8043 DO - 10.1016/j.socec.2023.102092 UR - https://m2.mtmt.hu/api/publication/34344399 ID - 34344399 AB - In recent years, the concept of mental accounting has been widely used in the literature to investigate its influence on decision-making processes related to savings, investment, debt and consumption. This study explores, through bibliometric analysis, the scientific production on the influence of mental accounting bias in decisionmaking processes, analyzing its intellectual structure and trends. The results reveal works with global and local relevance, the most prominent authors and countries today, and the prominence of Kahneman, Tversky and Thaler studies for the study of the subject. The analysis of the descriptors showed 8 research clusters, which can serve as a reference for future research. The study revealed that "mental accounting" has a strong impact on behavioral finance and has been widely applied in research in other areas of knowledge, mainly in the field of Marketing, to investigate its influence on consumer choice. LA - English DB - MTMT ER - TY - JOUR AU - Refai, Ismael AU - Blayac, Thierry AU - Dubois, Dimitri AU - Duchene, Sebastien AU - Nguyen-Van, Phu AU - Ventelou, Bruno AU - Willinger, Marc TI - Stated preferences outperform elicited preferences for predicting reported compliance with COVID-19 prophylactic measures JF - JOURNAL OF BEHAVIORAL AND EXPERIMENTAL ECONOMICS J2 - J BEHAV EXP ECON VL - 107 PY - 2023 PG - 20 SN - 2214-8043 DO - 10.1016/j.socec.2023.102089 UR - https://m2.mtmt.hu/api/publication/34342778 ID - 34342778 AB - This article studies the behavioral and socio-demographic determinants of reported compliance with prophylactic measures against COVID-19: barrier gestures, lockdown restrictions and mask wearing. The study contrasts two types of measures for behavioral determinants: experimentally elicited preferences (risk tolerance, time preferences, social value orientation and cooperativeness) and stated preferences (risk tolerance, time preferences, and the GSS trust question). Data were collected from a representative sample of the inland French adult population (N=1154) surveyed during the first lockdown in May 2020, and the experimental tasks were carried out on-line. The in-sample and out-of-sample predictive power of several regression models - which vary in the set of variables that they include - are studied and compared. Overall, we find that stated preferences are better predictors of compliance with these prophylactic measures than preferences elicited through incentivized experiments: self-reported level of risk, patience and trust are predicting compliance, while elicited measures of risk-aversion, patience, cooperation and prosociality did not. LA - English DB - MTMT ER - TY - JOUR AU - Victor, Vijay AU - Nair, Aparna M. AU - Meyer, Daniel Francois TI - Nudges and choice architecture in public policy: A bibliometric analysis JF - JOURNAL OF BEHAVIORAL AND EXPERIMENTAL ECONOMICS J2 - J BEHAV EXP ECON VL - 104 PY - 2023 PG - 12 SN - 2214-8043 DO - 10.1016/j.socec.2023.102020 UR - https://m2.mtmt.hu/api/publication/34311802 ID - 34311802 AB - In recent years, nudges and choice architecture have gained significant attention amongst researchers, partic-ularly in the domain of public policymaking. This study contributes to the existing literature on the application of nudges and choice architecture in public policy through a bibliometric analysis. A total of 419 documents from the Web of Science database from 2010 to 2021 were analysed, identifying the most prolific authors, founda-tional works, and sources, along with primary research themes. The study identifies keywords and themes that shape the current research trends and visualizes the intellectual structure of empirical works. The findings show an increasing focus on this subject area over the past decade, with a growing interest in themes such as dietary habits, healthcare, effectiveness of behavioral interventions, and sustainable choices. The application of nudges and choice architecture in policies related to health, food consumption, and diet management has also become increasingly prevalent as evidenced by the exponential growth in publications on these topics. LA - English DB - MTMT ER - TY - JOUR AU - Migchelbrink, Koen AU - Raymaekers, Pieter TI - Nudging people to pay their parking fines on time. Evidence from a cluster-randomized field experiment JF - JOURNAL OF BEHAVIORAL AND EXPERIMENTAL ECONOMICS J2 - J BEHAV EXP ECON VL - 105 PY - 2023 PG - 13 SN - 2214-8043 DO - 10.1016/j.socec.2023.102033 UR - https://m2.mtmt.hu/api/publication/34311800 ID - 34311800 AB - The timely payment of municipal parking fines signifies people's acceptance of parking regulations, reduces administrative enforcement costs, and prevents additional late-payment fees for individuals. However, public administrations face challenges in enforcing the timely payment of parking fines. A large group of people fail to pay their fines on time, which requires additional enforcement actions that can result in extra late-payment costs and payment-related stress. In this study we collaborate with the Belgian city of Mechelen and the Behavioral Insights Team of the Flemish regional government to test the compounded effects of three communicative nudges. i.e., simplification, explicit penalty, and social norm, on the timely payment of parking fines. In a clusterrandomized field experiment, parking offenders received either the original notification letter, a simplified notification letter, a simplified notification letter accompanied by an explicit reference to the potential penalties, or a simplified notification letter accompanied by an explicit penalty and a social norm message. The results indicate that people can be nudged to pay their fines on time, but only when multiple nudges are combined and used simultaneously. LA - English DB - MTMT ER -