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Behavioral Economics

2022

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Full-Text Articles in Social and Behavioral Sciences

Fairness Doesn't Have To Be Egalitarian: Evidence From Bargaining Games, Kevin Wong Dec 2022

Fairness Doesn't Have To Be Egalitarian: Evidence From Bargaining Games, Kevin Wong

Theses and Dissertations

I develop a theoretical model and provide experimental evidence that social norms of fairness play a critical role in determining equilibrium outcomes in bargaining games.


Motives For (In)Effective Giving: Comparing Rural And Urban Groups In South Africa., Luvuyo Bulelani Magwaza Dec 2022

Motives For (In)Effective Giving: Comparing Rural And Urban Groups In South Africa., Luvuyo Bulelani Magwaza

Master's Theses

Different cultures have their own set of norms and values that not only shape people’s motives but also influences their decision making. What may be viewed as logical and ethical in one culture, may be seen as illogical or unethical in another. One area that is consistently affected by cross-cultural differences in motives is charitable giving. Recently, there has been an increase in interest around effective altruism— a social movement and philosophy that argues, people should give to charities that do the most good. Prior research that has found that people do not give based on efficiency; instead, people give …


Volume 5, Issue 2 (2022) Migration, Community, And Environment During A Pandemic Dec 2022

Volume 5, Issue 2 (2022) Migration, Community, And Environment During A Pandemic

International Journal on Responsibility

No abstract provided.


The Economics Of Altruism: An Exploration Of Self And Collective Identity, Catherine Krempasky Dec 2022

The Economics Of Altruism: An Exploration Of Self And Collective Identity, Catherine Krempasky

Honors Projects

There is a belief that students in college often pursue an undergraduate business degree due to the money that comes with the industry. Whereas students pursuing an undergraduate degree in health and human services are believed to be more altruistic, pursuing jobs such as social work, nursing, criminal justice, and other careers that give back to communities despite their often lower-than-average salaries. While this difference in altruism is a common belief, it has rarely been a proven one. Therefore, this study seeks to examine the difference in altruism between students from the Schmidthorst College of Business and the College of …


A Qualitative Study Of Mindfulness, Sustainable Consumption And Consumer Well-Being And Their Interrelationships, Saba Resnik Dec 2022

A Qualitative Study Of Mindfulness, Sustainable Consumption And Consumer Well-Being And Their Interrelationships, Saba Resnik

Economic and Business Review

Consumers are becoming increasingly aware of the environmental degradation, negative economic consequences and social injustices caused by the unsustainable consumption of clothing products. Overall, therefore, sustainability requires more sustainable production of fashion apparel products as well as more responsible consumption behaviours by individual consumers. To gain a clearer picture of the concepts of mindfulness, sustainable consumption and consumer well-being and their interrelationships, in-depth interviews were conducted with individual consumers. The results of this study indicate a positive relationship between these three concepts as well as an overlap between the concepts of mindfulness and well-being.


Three Essays In Experimental And Behavioral Economics, Vasudha Chopra Dec 2022

Three Essays In Experimental And Behavioral Economics, Vasudha Chopra

Doctoral Dissertations

This dissertation presents three essays that use experimental economics methods. The first essay examines how behavior in inter-group contests is altered when players have incomplete information on their opponent. The game is a Tullock contest with heterogeneous groups (differences in cost-of-effort, prize value, and group-size), and players only know the probability their opponent is a particular type. For cost and value treatments, incomplete information increases effort in uneven contests but has no effect in even contests. Group-level effort is higher in group-size treatments, but incomplete information does not systematically alter effort. Overall, group-level effort is much higher than what standard …


Life Satisfaction Changes And Adaptation In The Covid-19 Pandemic: Evidence From Singapore, Terence C. Cheng, Kim, Kanghyock Koh Dec 2022

Life Satisfaction Changes And Adaptation In The Covid-19 Pandemic: Evidence From Singapore, Terence C. Cheng, Kim, Kanghyock Koh

Research Collection School Of Economics

We provide novel evidence on how COVID-19 affected overall life satisfaction using a monthly longitudinal survey of middle-aged and older Singaporeans. We study how the subjective well-being of individuals evolves over the course of 18 months including the outbreak of the pandemic, the implementation of the lockdown and the spike of cases due to the delta variant in a country where COVID-19 is controlled in a sustained manner. Using an event-study design framework, we find large declines in overall life satisfaction in the lead-up to and following the lockdown. Fifteen months after the outbreak of the pandemic, and 13 months …


Empowering Older Adults With Their Information Privacy Management, Reza Ghaiumy Anaraky Dec 2022

Empowering Older Adults With Their Information Privacy Management, Reza Ghaiumy Anaraky

All Dissertations

Literature depicts a deficit-based narrative around older adults and their technology use, suggesting that older adults are not able to keep up with their younger counterparts in adopting new technologies. In this dissertation, I argue that this view is not necessarily accurate or productive. Instead, I argue that the deficit is in the technology design, which is not inclusive and often caters to the needs of younger adults.

I study older and younger adults' privacy decision-making as a showcase. To study the privacy decision-making process with more granularity, I used a dual-route approach (decision heuristics and privacy calculus) to disentangle …


Examining Mobile Health App Engagement In A North American Employee Population: A One-Year Longitudinal Observational Study, Nabil Ratanshi Nov 2022

Examining Mobile Health App Engagement In A North American Employee Population: A One-Year Longitudinal Observational Study, Nabil Ratanshi

Electronic Thesis and Dissertation Repository

BACKGROUND: Mobile health (mHealth) apps may help promote physical activity and other health behaviours among office-based workers. Low app engagement, however, leading to little or no effect is typical. OBJECTIVE: To examine engagement with a rewards-based mHealth app and identify factors influencing engagement. METHODS: A one-year observational study was conducted with Canadian and U.S. users of the Sprout at Work app (N=2253; Female: 35.7%; Age: 39.3 years). Kaplan-Meier survival curves were used to examine engagement patterns from a ‘multiple-lives’ perspective (i.e., time to first disengagement, re-engagement, second disengagement). Regression models were used to identify factors influencing engagement. RESULTS: After one …


Personalised Pricing, Vijay Victor Nov 2022

Personalised Pricing, Vijay Victor

Management Collection

With the advent of big data analytics, online prices can now be tailor made for each individual or a group of individuals exhibiting similar characteristics such as taste, preferences, income etc. With the availability of more and more reliable information about the willingness and ability to pay of the existing and prospective customers, the sellers are able to classify them into more refined groups. This highly customised pricing technique is popularly termed as personalised pricing. With the current pace of technological progress, although it is technically possible to estimate the willingness to pay of a consumer in real time, whether …


How An Abusive Supervision Climate Impacts Business-To-Business (B2b) Sales Performance, And The Roles Of Leader–Members Interdependence And Team Psychological Safety, Matthew J. Daniel Nov 2022

How An Abusive Supervision Climate Impacts Business-To-Business (B2b) Sales Performance, And The Roles Of Leader–Members Interdependence And Team Psychological Safety, Matthew J. Daniel

Electronic Theses and Dissertations

Sales supervisors can tremendously influence the sales teams they manage, and their behaviors can influence a team’s engagement and sales performance. Because of the supervisor’s influential role, their behavior, positive or negative, can ripple throughout the organization. As a result, a supervisor who role models abusive behavior within their organization also promotes a climate of abuse and incivility that can contribute to a toxic workplace. Abusive supervision (AS) is a significant problem in many business-to-business (B2B) sales organizations that negatively impacts the financial welfare and subjective well-being of organizations and their employees. This quantitative correlational study aimed to examine how …


What Is The Role Of T.E.A Concept Between Positive Recommendation And Behavioural Intention To Purchase In Social Media?, Phyo Min Tun Oct 2022

What Is The Role Of T.E.A Concept Between Positive Recommendation And Behavioural Intention To Purchase In Social Media?, Phyo Min Tun

The South East Asian Journal of Management

Research Aims: This study explores the antecedents of customers’ behavioural intention to purchase on the social media platform. In addition, the T.E.A concept, the group of consequences of positive recommendation (PR), is developed by amalgamating trust (T), easiness (E), and amusement (A).

Design/Methodology/Approach: The data was collected from 260 random social media users from Myanmar. Both exploratory factor analysis (EFA) and confirmatory factor analysis (CFA) were employed to examine the observed variables, and structural equation modelling (SEM) techniques were used to estimate the hypotheses in AMOS software.

Research Findings: The results disclose that the T.E.A concept is …


Tiempo Y Gubernamentalidad: Aproximaciones Al Gobierno Del Tiempo En El Neoliberalismo, Edwin Alexander Hernández Zapata, Mauricio Hernando Bedoya Hernández Oct 2022

Tiempo Y Gubernamentalidad: Aproximaciones Al Gobierno Del Tiempo En El Neoliberalismo, Edwin Alexander Hernández Zapata, Mauricio Hernando Bedoya Hernández

The Qualitative Report

En este trabajo problematizamos los diagnósticos sobre gubernamentalidad neoliberal, analizando las formas en que hoy son dirigidas las conductas de los sujetos con base en ritmos caracterizados por la velocidad, el presentismo y la competencia. Estudiar estas formas marcan un precedente para el abordaje de los procesos de subjetivación contemporánea a partir de la analítica de la temporalidad. Así, la pregunta de investigación que guía este trabajo es la siguiente: ¿Cómo los diagnósticos sobre la racionalidad neoliberal describen la experiencia del tiempo que tienen los sujetos contemporáneos? Utilizamos el método histórico crítico, específicamente lo que Foucault denominó ontología del presente, …


Incentivizing Innovation: Promoting Technical Competency To Win Future Wars., James E. Bevins Oct 2022

Incentivizing Innovation: Promoting Technical Competency To Win Future Wars., James E. Bevins

Faculty Publications

Despite numerous studies and initiatives, most current Air Force efforts to add science and technology talent have been insufficient. This begs the question: How does the Air Force incentivize and promote the necessary technical competence required to win future competition, conflicts, and wars? Several key initiatives, grounded in behavioral economics, can incentivize innovation and pursue science and technology expertise. Developed in the context of peer adversaries’ actions; global trends in technology, competition, and conflict; and the global competition for science and technology talent, these recommendations have the potential to reform institutional culture and unleash the creativity and talent of the …


“For A Better Future”: The Impact Of Labor Migration On Families In Samoa, Rebekah Underwood Oct 2022

“For A Better Future”: The Impact Of Labor Migration On Families In Samoa, Rebekah Underwood

Independent Study Project (ISP) Collection

This research sought to investigate the motivations, benefits, and consequences of international labor migration on Samoan families. Seasonal worker schemes in New Zealand and Australia were generally found to be beneficial to families given the tangible and material benefits it provided to them. The benefits of remittances were found to have been multiplied through investment in the village of Poutasi to increase industry and job opportunities. A lack of economic opportunity in Samoa was implicated in the motivation and beneficiality of participation in labor schemes and may have increased due to the Covid-19 Pandemic. Family was at the forefront of …


Can Micropolitan Areas Bridge The Urban/Rural Divide?, Sheila Foster, Clayton P. Gillette Sep 2022

Can Micropolitan Areas Bridge The Urban/Rural Divide?, Sheila Foster, Clayton P. Gillette

Georgetown Law Faculty Publications and Other Works

There exists a well-known and significant divide between urban and rural areas in the United States. The divide has been documented along multiple dimensions – social, economic, and political – and is seen as a detrimental characteristic of our national identity and capacity for both economic development and civil political discourse. In this Article, we explore a subset of the urban/rural divide and propose a mechanism for reducing its economic and political effects within that limited realm. Specifically, we focus on the subset of rural areas that lie within what the Office of Management and Budget defines as micropolitan areas. …


The Great Resignation Among Restaurant Workers: A Content Analysis Of News Sources’ Portrayals Of The Covid-19 Labor Shortage, Mackenzie M. Williams Sep 2022

The Great Resignation Among Restaurant Workers: A Content Analysis Of News Sources’ Portrayals Of The Covid-19 Labor Shortage, Mackenzie M. Williams

The Cardinal Edge

When workers left the labor market in large numbers during the COVID-19 pandemic, proclamations of a labor shortage emerged extensively throughout the news. In this study, I analyze the coverage of the worker shortage among three news sources with different political orientations. Several themes emerged from analyzing a total of 75 articles. The findings showed that the perspective shown in the article, the cause of the labor shortage, restaurant worker portrayal, support of solutions, and opinion of the labor shortage all differed based on the political identity of the news source. This research supports previous findings that show there is …


The Economic Behavior Of Restaurant Tipping: The Effect Of Tipping On Profit, Golnoush Esmaeily Sep 2022

The Economic Behavior Of Restaurant Tipping: The Effect Of Tipping On Profit, Golnoush Esmaeily

The Cardinal Edge

This paper explores the potential motivations behind restaurant tipping and its effect on profit. The analysis discovers several reasons that motivate people to tip in a restaurant, including exemplary service quality, future service, and social norms. Initially, tipping was used to encourage service quality, but it shifted to become the desire to conform to the social norm. Customers aim to prevent embarrassment and unfairness that may result from not tipping or lacking empathy for the worker. A survey was conducted with 40 Louisville customers and 16 Louisville servers soliciting their opinion about their tipping behavior. The quantitative study results show …


Interfirm Network Analysis In Marginal Tourist Destinations: The Mediator Company In Business Relationships, Giovanni Ruggieri, Gaspare Varvaro, Salvatore Iannolino Sep 2022

Interfirm Network Analysis In Marginal Tourist Destinations: The Mediator Company In Business Relationships, Giovanni Ruggieri, Gaspare Varvaro, Salvatore Iannolino

International Journal of Islands Research

The literature on tourist destinations and the use of empirical approaches evidence the need to adopt this model to increase tourism economies. In model application, the enterprises, and local stakeholders, sometimes represent limitations or opportunities. This article opens the view to tourist destination networks, described as relational structures that can influence and determine the destination-building process. The Network Analysis methodology offers a better understanding of inter-firm relational dynamics when applied in a small context, and in this case, the application was undertaken on the island of Sicily, in Menfi town and its hinterland. Findings show the presence of a company …


In A Gig Economy, Do People Work More When Wages Rise?, Singapore Management University Sep 2022

In A Gig Economy, Do People Work More When Wages Rise?, Singapore Management University

Perspectives@SMU

Study finds that when wages go up, how the supply of labour changes can depend on how the change in pay is communicated


Is Fed Policy In The Eye Of The Beholder?, Leo Krippner, Thomas Lam Sep 2022

Is Fed Policy In The Eye Of The Beholder?, Leo Krippner, Thomas Lam

Sim Kee Boon Institute for Financial Economics

While the US Federal Reserve remains vigilant on inflation, it will likely continue its tightening cycle with caution, with an eye on market expectations about future policy actions and financial conditions.


Charging Drivers By The Gallon Vs. The Mile: An Equity Analysis By Geography And Income In California, Samuel Speroni, Asha Weinstein Agrawal, Michael Manville, Brian D. Taylor Sep 2022

Charging Drivers By The Gallon Vs. The Mile: An Equity Analysis By Geography And Income In California, Samuel Speroni, Asha Weinstein Agrawal, Michael Manville, Brian D. Taylor

Mineta Transportation Institute

This study used data from the 2017 National Household Travel Survey California Add-On sample to explore how replacing the current state vehicle fuel tax with a flat-per-mile-rate road-user charge (RUC) would affect costs for different kinds of households. We first estimated how household vehicle fuel efficiency, mileage, and fuel tax expenditures vary by geography (rural vs. urban) and by income. These findings were then used to estimate how much different types of households pay in the current per-gallon state fuel tax, what they would pay if the state were to replace fuel taxes with a flat-rate road-usage charge (RUC) that …


The Effects Of Network Structure And Social Information On Contribution Performance On Crowdfunding Platforms: An Experimental Investigation, Yanni Hu Sep 2022

The Effects Of Network Structure And Social Information On Contribution Performance On Crowdfunding Platforms: An Experimental Investigation, Yanni Hu

Dissertations, Theses, and Capstone Projects

The long-term potentiality of online communities and activities depends critically on contribution behaviors of online individuals. In this dissertation, this study deepen and extend our understanding of contribution behavior by applying contributions to crowdfunding platforms, whereas social networks, social information, and social influence affect people’s contribution decisions, which in turn influences their contribution performances. Specifically, this study looked into how contribution behavior at crowdfunding platforms is shaped at a fundamental level of social interactions initiated by social and information technologies on contribution performance, using online and natural experiments as study methodologies.

Examining the effects brought by online social interactions on …


A Psychological Profile Of The Digitized Economy: Who Buys Cryptocurrencies, Nfts, And Meme-Stocks (And Why)?, Nicole Wolfe Aug 2022

A Psychological Profile Of The Digitized Economy: Who Buys Cryptocurrencies, Nfts, And Meme-Stocks (And Why)?, Nicole Wolfe

Undergraduate Student Research Internships Conference

As the global digital economy continues to grow in interest and financial worth, it is imperative to harvest data to gain early information on this nuanced economy. Already, we have witnessed billions of dollars in losses and wins at the blink of an eye, encouragement to invest from well-known celebrities and politicians, and high anxiety from the newness, power consumption, and potential outcomes of this nuanced system. Stemming from the lack of solid evidence in this emerging field, we hope to gain more insight on the early players and variation within the digitized economy. Similarly, we hope to identify specific …


Simulating Salience: Developing A Model Of Choice In The Visual Coordination Game, Adib Sedig Aug 2022

Simulating Salience: Developing A Model Of Choice In The Visual Coordination Game, Adib Sedig

Undergraduate Student Research Internships Conference

This project is primarily inspired by three papers: Colin Camerer and Xiaomin Li’s (2019 working paper)—Using Visual Salience in Empirical Game Theory, Ryan Oprea’s (2020)—What Makes a Rule Complex?, and Caplin et. al.’s (2011)—Search and Satisficing. Over the summer, I worked towards constructing a model of choice for the visual coordination game that can model player behavior more accurately than traditional game theoretic predictions. It attempts to do so by incorporating a degree of bias towards salience into a cellular automaton search algorithm and utilizing it alongside a sequential search mechanism of satisficing. This …


From ‘Homo Economicus’ To ‘Homo Culturalis’: Review Of Irrationally Rational By V. Raghunathan, Milind M. Shrikhande Aug 2022

From ‘Homo Economicus’ To ‘Homo Culturalis’: Review Of Irrationally Rational By V. Raghunathan, Milind M. Shrikhande

Markets, Globalization & Development Review

No abstract provided.


The Effects Of Consumer Loan Application Formats And Advertised Terms On Consumer Borrowing Decisions, Alicia M. Johnson Aug 2022

The Effects Of Consumer Loan Application Formats And Advertised Terms On Consumer Borrowing Decisions, Alicia M. Johnson

Graduate Theses and Dissertations

Consumers continue to demonstrate a willingness to accrue more debt. They are also more accepting of increased repayment risk via the acceptance of longer loan terms. Extant research on consumer borrowing consists primarily of experiments designed to assess consumer choices and understand how consumers evaluate loan attributes in relation to one another within consumer borrowing contexts (Kamleitner, Hoelzl, and Kirchler 2012; Ranyard et al., 2006). Thus, prior research examines consumer responses to loan information rather than the generation of loan parameters at the time of financing. With important implications for consumers, marketers of financial products, academic researchers, and federal regulators, …


Three Essays On Consumption Smoothing, Logan James Miller Aug 2022

Three Essays On Consumption Smoothing, Logan James Miller

Graduate Theses and Dissertations

Macroeconomic theory has established that consumption smoothing leads to higher standards of living. A stable consumption path can lead to more stability and less uncertainty between periods of high and low income. However, there is a wide body of literature that shows people do not consistently smooth their consumption when exposed to adverse income shocks. This dissertation uses experimental and empirical methods to better understand the obstacles people face when trying to smooth their consumption over time. It looks to understand the differences in pairs and individuals’ ability to smooth consumption. It also explores how the household’s level of income …


Discrete Choice Experiments In Agricultural And Food Economics: Two Essays On Information Provision Modalities, Uncertainty Adjustment, And Hypothetical Bias, Monsoïa Arsène Juste Agossadou Aug 2022

Discrete Choice Experiments In Agricultural And Food Economics: Two Essays On Information Provision Modalities, Uncertainty Adjustment, And Hypothetical Bias, Monsoïa Arsène Juste Agossadou

Graduate Theses and Dissertations

Stated discrete choice experiments are extensively used in applied economics to study preferences and valuation for new products, as well as costs and benefits of new policies and programs. Moreover, information provision experiments widely use the method to examine information effects on different outcomes. This thesis explores two methodological issues in discrete choice experiments: (i) information provision modalities and (ii) hypothetical bias. The first study examines the effect of information modality by testing the effect of using combined text script and audio clip (treatment) versus only text script (control) to convey information in discrete choice experiments. Specifically, the study elicits …


The 1-2-3 Of Market Research For Business Startups: A Case Study In Library Instruction, Daniel Le, Marie-Louise Watson Aug 2022

The 1-2-3 Of Market Research For Business Startups: A Case Study In Library Instruction, Daniel Le, Marie-Louise Watson

Georgia Library Quarterly

This article describes a practical way to teach student entrepreneurs to search and use market data for business startup plans. The conventional way of teaching students to find articles and business intelligence based on a class assignment can be challenging for many students without an academic business background. This library instruction approach sequentially uses three databases enriched with business data and infographics to support the development of critical thinking for student entrepreneurs. It teaches entrepreneurial personality support, analysis, visualization, and market mapping.