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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...
Persistent link: https://www.econbiz.de/10012899312
How do people choose what economic advice to heed? We develop a set of validated multiple-choice questions on economic policy problems, to examine empirically the persuasiveness of expert versus populist advice. We define populism as advice that conforms to commonly held beliefs, even when...
Persistent link: https://www.econbiz.de/10012829008
In a set of preregistered experiments with general population, participants receive recommended answers to an economics questionnaire by two computerized advisors. One advisor is of high-accuracy (the Expert) and recommends the answers produced by academic consensus. The other advisor is of low...
Persistent link: https://www.econbiz.de/10014259649
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