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Previous research shows that humans display complexity aversion. In this article, we test for the presence of complexity aversion and its determinants in the context of voluntary climate action, where individual choices interact with the complex regulatory framework of the EU Emission Trading...
Persistent link: https://www.econbiz.de/10014357926
A large body of chiefly laboratory research has attempted to demonstrate that people can exhibit choice-averse behavior from cognitive overload when faced with many options. However, meta-analyses of these studies, which are generally of one or two product lines, reveal conflicting results....
Persistent link: https://www.econbiz.de/10013251280
Interventions to decrease meat consumption are often only implemented for short periods of time, and it is unclear how they might have lasting effects. We combine student canteen consumption (over 270, 000 purchases made by over 4, 500 guests) and survey data (N 800) to study how a one-month...
Persistent link: https://www.econbiz.de/10014578241
reports the results of a randomized field experiment conducted in collaboration with a health insurance company in Argentina … first eight months of the experiment, patients assigned to the treatment group were 6pp more likely to have used the service …
Persistent link: https://www.econbiz.de/10014458959
field experiment, we show that simple weekly reminders induce users of a gym to substantially increase their levels of …
Persistent link: https://www.econbiz.de/10013114120
another and that the composition of income is irrelevant for consumption. We find in a field experiment that even in a simple … change consumption according to the suggestion of the label. A controlled laboratory experiment confirms this result and …
Persistent link: https://www.econbiz.de/10013325156
Fungibility of money is a central assumption in the theory of consumer choice: any unit of money is substitutable for … another. This implies that the composition of income or wealth is irrelevant for consumption. We find in a field experiment … of their budget, subjects change consumption according to the label. A controlled laboratory experiment confirms this …
Persistent link: https://www.econbiz.de/10008699736
legally a tax. We design a randomized field experiment with treatments informing individuals that the levy is a tax. We …
Persistent link: https://www.econbiz.de/10011509266
We test the main predictions of the rational addiction model, reconceptualized as rational habit formation, in the context of handwashing. To track habit formation, we design soap dispensers with timed sensors. We test for rational habit formation by informing some households about a future...
Persistent link: https://www.econbiz.de/10011901842
Can firms exploit behavioral biases to increase profits? Does consumer sophistication about these biases limit the scope of exploitation? To answer these questions, I run a series of natural field experiments with over 600,000 consumers and estimate novel sufficient statistics of consumer...
Persistent link: https://www.econbiz.de/10012512669