This paper investigates differences between a default, a recommendation, and a mandatory minimum contribution on private provision of a large scale public good. Their interaction with regulator identity and intrinsic motivation on voluntary contributions is the primary focus. Data are from an...

Labeling news as fake is a recent phenomenon occurring predominantly online, and increasingly in political online environments. This paper investigates the influence of proclaimed doubt in media independence on trust in news- and scientific reports on climate change. Evidence from a...

Policymakers discuss nudges as instruments to foster individual public good contributions. Contrary to the original aim of nudges, which is to improve decision outcomes for the individual, pro-social nudges aim to improve the social outcomes of individual behavior. This can potentially result in...

Some researchers have argued that anchoring in economic valuations casts doubt on the assumption of consistent and stable preferences. We present new evidence that questions the robustness of certain anchoring results. We then present a theoretical framework that provides insights into why we...

We derive a simplified version of the model of Fudenberg and Levine [2006, 2011] and show how this approximate model is useful in explaining choice under risk. We show that in the simple case of three outcomes, the model can generate indifference curves that “fan out” in the Marshack-Machina...