Financial, managerial, and medical decisions often involve alternatives whose possible outcomes have uncertain probabilities. In contrast…
Background: Recent evidence suggests that individual variation in risk taking is partly due to genetic factors.
Methodology/Principal…
Economic activity can damage natural systems and reduce the flow of ecosystem services. The harms can be substantial, as our case studies…
We measure how receiving information about coworkers’ savings behavior affects recipients’ savings choices. Low-saving employees were sent…
Three randomized experiments found that subtle linguistic cues have the power to increase voting and related behavior. The phrasing of…
When making decisions, people sometimes deviate from normative standards. While such deviations may appear to be alarmingly common,…
We study the predictive power of approximately 2.5 million stock picks submitted by individual users to the “CAPS” website run by the…
Movements in asset prices are a major risk confronting individuals. This paper establishes new asset pricing results when agents differ in…
Text Messages as Mobilization Tools: The Conditional Effect of Habitual Voting and Election Salience
Dale and Strauss’s (DS) noticeable reminder theory (NRT) of voter mobilization posits that mobilization efforts that are highly noticeable…
We document the loan provisions in 401(k) savings plans and how participants use 401(k) loans. Although only about 22% of savings plan…