This study evaluates whether low-cost digital nudges delivered via WhatsApp can improve property tax compliance in Gorontalo, Indonesia. In a randomized controlled trial, individuals were as-signed to receive either (i) a soft-tone message emphasizing civic duty and public benefits, (ii) a...

We report the results of over 30 experiments to study the elasticity of economic decisions with respect to fundamentals. Our experiments cover a broad range of domains, from choice and valuation to belief formation, from strategic games to generic optimization problems, involving investment,...

This study builds on the concept of loss tolerance by introducing investment grip, a behavioral interpretation that captures investors' commitment to long-term objectives under adverse market conditions. While loss tolerance traditionally measures the maximum financial loss an investor can...

This study evaluates a randomized trial in Côte d’Ivoire, implemented by the Africa Gender Innovation Lab (GIL), which tested whether varying the content and recipient of SMS reminders can increase enrollment among young people who had pre-registered for a skills training program. Messages...

Opportunity costs are central to economic decision-making but often neglected. In a pre-registered experiment with 2,222 German university freshmen, one treatment provides salary information; another additionally frames it as the opportunity cost of delayed graduation. Only the opportunity cost...

We test whether a conditional cash lottery targets prevention on those doing too little because of inverse-S probability distortion that also causes overvaluation of a lottery. Consistent with theory, Filipinos perceiving their cardiovascular disease (CVD) risk in a wide intermediate interval...

We use a randomized experiment in the Bundesbank Online Panel-Households (n ≈ 3, 900) to show that the estimated link between inflation expectations and household consumption flips sign depending on survey wording. This finding reconciles prior contradictory results and has direct implications...

This paper examines how priming and information about inequality affect support for redistribution. Using a large-scale randomized survey experiment in Germany, we vary both the focus (top vs. bottom of the income distribution) and the delivery (subtle priming vs. factual information) of...

This paper is the first to causally identify the effect of language on attitudes and behaviors toward debt. Using observational data, randomized survey experiments, incentivized borrowing-to-invest decisions, and textual analyses, we show that the moral connotations inherent in debt-related...

The aim of this study is to analyze the factors that influence consumer referents or reference points and their interaction during the decision-making process, along with the principles of prospect theory in the metaverse with market and retail examples. We conducted an integrative literature...

Are the effects of tax aversion on labor supply symmetric? In a real-effort online experiment, participants are exposed to manipulated wages and taxes after first experiencing the same reference wage. We find no significant differences in their productivity; however, we find significant...

In the digital service supply chain, digital service providers undertake the marketing platform development programs with satisfying digital service quality (DSQ) to help traditional retail enterprises (TREs) achieve digital technologies and merchandizing innovation. To illustrate the influence...

The Model of Intuitive Morality and Exemplars (MIME) suggests that news audiences, including investors, evaluate news based on their moral frames, and that these moral evaluations shape behavior. We extracted moral signals from 382,185 news articles across an 8-month period and examined their...

Organizing collective action in the face of climate change is one of the grand challenges of our time. Social movements and their approach to framing climate change are pivotal, as they are tasked with the role of challenging and redirecting dominant beliefs and narratives. Recent research...

The increasing integration of technological aids, such as the video assistant referee (VAR), is fundamentally transforming decision-making processes in professional football, especially influencing critical match moments. Penalty kicks, characterised by technical simplicity but intense...