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Disease spread is in part a function of individual behavior. We examine the factors predicting individual behavior during the Covid-19 pandemic in the United States using novel data collected by Belot et al. (2020). Among other factors, we show that people with lower income, less flexible work...
Persistent link: https://www.econbiz.de/10012481573
We study the impact of online information provision to unemployed job seekers who are looking for work in occupations in slack markets, i.e. with only few vacancies per job seeker. Job seekers received suggestions about suitable alternative occupations, and how the prospects of these...
Persistent link: https://www.econbiz.de/10015409851
Despite decades of research on heuristics and biases, empirical evidence on the effect of large incentives - as present in relevant economic decisions - on cognitive biases is scant. This paper tests the effect of incentives on four widely documented biases: base rate neglect, anchoring, failure...
Persistent link: https://www.econbiz.de/10012510529