| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w21210 |
| 来源ID | Working Paper 21210 |
| The Making of Homo Honoratus: From Omission to Commission | |
| Michael Hallsworth; John A. List; Robert D. Metcalfe; Ivo Vlaev | |
| 发表日期 | 2015-06-01 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | Framing remains one of the pillars of behavioral economics. While framing effects have been found to be quite important in the lab, what is less clear is how well evidence drawn from naturally-occurring settings conforms to received laboratory insights. We use debt obligation to the UK government as a case study to explore the ‘omission bias’ present in decision making with large stakes. Using a natural field experiment that generates nearly 40,000 observations, we find that repayment rates are roughly doubled when the act is reframed as one of commission rather than omission. We estimate that this reframing of the perceived nature of the action generated over $1.3 million of new yield. We find evidence that this behavior may result from a deliberate ‘omission strategy’, rather than a behavioral bias, as is often assumed in the literature. Our natural field experiment highlights that behavioral economics is much more than a series of empirical exercises to quench the intellectual curiosity of academics. |
| 主题 | Econometrics ; Experimental Design ; Public Economics ; Taxation ; Other ; Law and Economics |
| URL | https://www.nber.org/papers/w21210 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578885 |
| 推荐引用方式 GB/T 7714 | Michael Hallsworth,John A. List,Robert D. Metcalfe,et al. The Making of Homo Honoratus: From Omission to Commission. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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