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This paper describes a randomized controlled field experiment designed to measure how individuals respond to racial and gender diversity in representations of certain archetypical occupations. We ask participants in two pools – a tech conferences and online – to evaluate their user...
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In a typical endowment effect experiment, individuals state a higher willingness-to-accept to sell an object than a willingness-to-pay to obtain the object. The leading explanation for the endowment effect is loss aversion for the object. An alternative explanation is based on a buy-sell...
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Social behavior is heavily influenced by the perception of the behaviors of others. We consider how perceptions (and misperceptions) of kindness can increase generosity in economic transactions. We investigate how these perceptions alter behavior in a novel a real-life situation which pits...
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"A vibrant literature has emerged that suggests willingness to pay and willingness to accept measures of value are quite different for inexperienced consumers but that value differences erode with market experience. One potential shortcoming of this literature is that market experience is...
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