This paper investigates the individual outcomes of irrational thinking, including paranormality and non-scientific thinking. These modes of thinking are identified by factor analysis from a 2008 survey. Income and happiness are used as measures of performance. Empirical results reveal that...

"This book collects important contributions in behavioral economics and related topics, mainly by Japanese researchers, to provide new perspectives for the future development of economics and behavioral economics. The volume focuses especially on economic studies that examine interactions of...

Part I Attitude toward Risk and Time -- 1 Risk and Time Preferences: Linking Experimental and Household Survey Data from Vietnam (Tanaka, Camerer, Nguyen) -- 2 Simultaneous Measurement of Time and Risk Preferences: Stated Preference Discrete Choice Modeling Analysis Depending on Smoking Behavior...

Part I Intergenerational Interactions -- 1 An equilibrium model of child maltreatment (Akabayashi).-2 Tough Love and Intergenerational Altruism (Bhatt, Ogaki) -- Part II Behavioral Macroeconomics.-3 Consumer interdependence via reference groups (Hayakawa, Venieris, Yiannis) -- 4 Bounded...

We experimentally study how (un)selfish lies are reciprocated—or not—in subsequent economic interactions in a labor market. The experiment was conducted in two sequential stages, where the first stage was a deception game, and the second stage was a gift-exchange game. We find that while...

We study experimentally how (un)selfish lies are reciprocated – or not – in subsequent economic interactions in the labor market. We find that while selfish lies are punished (negative reciprocity), prosocial and altruistic lies are neither punished nor rewarded (lack of positive...

We experimentally study how (un)selfish lies are reciprocated—or not—in subsequent economic interactions in a labor market. The experiment was conducted in two sequential stages, where the first stage was a deception game, and the second stage was a gift-exchange game. We find that while...

Promoting vaccination is a crucial strategy to end the COVID-19 pandemic; however, individual autonomy should be respected at the same time. This study aimed to discover behavioral economics nudges that can reinforce people’s intention to receive the COVID-19 vaccine without impeding their...